Main-Level Residential Income
For Sale
$225,000
2030 N VERMONT STREET Unit 101, Arlington, VA 22207
A one-bedroom condominium with updated kitchen finishes, community pool access, and convenient regional connections.
Property Size565 SF
Price / SF$398.23
Days on Market27
Property Features for 2030 N VERMONT STREET Unit 101
General Information
Standard status
Active
Size
565 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Waverly Hills
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,133
Amenities
in-ground swimming pool
on-site laundry facilities
lower-level storage unit
pet-friendly
Building Details
Building Size
565 SF
Year Built
1953
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
Listed By:
Charlene A Bayes · License #0225070300
(703) 597-4067
Source:
Jackrealtygroup
Added: Oct 2
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices PenFed Realty
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Investment Insights
Based on property information with market context.
This main-level condominium offers 565 square feet with one bedroom and one bathroom. Interior features include granite kitchen counters, a tile backsplash and floor, crown and chair rail molding, custom closet storage, and window treatments. The refrigerator, stove, and dishwasher were installed in August 2021; two PTAC heating and cooling units date to June 2025. Flooring was updated in November 2025, and the interior was painted in August 2026.
The community is adjacent to Woodstock Park and has an outdoor pool, on-site laundry, resident and guest parking, and a lower-level storage unit. Ballston Metro Station and Ballston Quarter are just over a mile away. I-66, the George Washington Memorial Parkway, ART and Metro bus routes, downtown Washington, DC, and Reagan National Airport are among the listed regional connections.
The condominium fee includes electricity, gas, water, and trash collection. The community permits both dogs and cats, and the residence is within the Yorktown High School attendance area.
The community is adjacent to Woodstock Park and has an outdoor pool, on-site laundry, resident and guest parking, and a lower-level storage unit. Ballston Metro Station and Ballston Quarter are just over a mile away. I-66, the George Washington Memorial Parkway, ART and Metro bus routes, downtown Washington, DC, and Reagan National Airport are among the listed regional connections.
The condominium fee includes electricity, gas, water, and trash collection. The community permits both dogs and cats, and the residence is within the Yorktown High School attendance area.
Key Highlights
- 565‑square‑foot, one‑bedroom, one‑bathroom condominium
- Main‑level unit with a lower‑level storage unit
- Granite kitchen counters, tile backsplash and flooring; appliances installed in August 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,502
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,040
$170.0K
Cap Rate 7%
$121,457
$121.5K
Cap Rate 9%
$94,467
$94.5K
Market Conditions
NOI Build-Up for 565 SF
Gross rent
$16.3K $28.80/SF
− Vacancy
−$814 −$1.44/SF
EGI
$15.5K $27.36/SF
− OpEx
−$7.0K −$12.31/SF
NOI
$8.5K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,040
Cap Rate 7%
$121,457
Cap Rate 9%
$94,467
Alternative Uses
Best Use
Apartment 5plus
$121.5K
$106.3K – $141.7K
NOI $8,502 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$313.8K
$274.6K – $366.1K
NOI $21,967 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
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Business Placement
Demographics for 22207, VA
33,734
Population
12,740
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
5,190
Density / Sq Mi
$237,126
Median Household Income
$112,186
Median Earnings
$2,305
Median Rent
$1,201,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom condominium with updated kitchen finishes, community pool access, and convenient regional connections.
Where is this residential income property located?
The property is located at 2030 N VERMONT STREET Unit 101 Arlington, VA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 565‑square‑foot, one‑bedroom, one‑bathroom condominium; Main‑level unit with a lower‑level storage unit; Granite kitchen counters, tile backsplash and flooring; appliances installed in August 2021
