Lake-View Residential Income
For Sale
$380,000
20583 SNOWSHOE SQUARE Unit 301, Ashburn, VA 20147
The top-floor condo pairs two bedroom suites with private outdoor space and a gas fireplace.
Property Size1,222 SF
Price / SF$310.97
Days on Market23
Property Features for 20583 SNOWSHOE SQUARE Unit 301
General Information
Standard status
Active
Size
1,222 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,093
Amenities
gas fireplace
private balconies
private storage unit
indoor pool
outdoor pool
fitness center
tennis courts
pickleball courts
basketball courts
racquetball courts
walking trails
biking trails
parks
playgrounds
Building Details
Building Size
1,222 SF
Year Built
1994
Listing Agency:
Realty ONE Group Capital
Listed By:
Sadaf Alhooie · License #0225105249
(703) 727-8700
Source:
Canopy-re
Added: Oct 5
Changed: Oct 26
Last Checked: Oct 26 at 4:05PM
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 Realty ONE Group Capital
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Investment Insights
Based on property information with market context.
Built in 1994, this 1,222-square-foot, top-floor condo has two bedrooms and two full bathrooms. Its living and dining areas share an open layout with vaulted ceilings and a gas fireplace, while two balconies face the lake. Both bathrooms have been renovated, and the unit also includes a private storage space and one assigned parking spot near the building entrance.
Residents have access to Ashburn Village’s Sports Pavilion, with indoor and outdoor pools, a fitness center, tennis, pickleball, basketball, and racquetball. The community also includes 17 miles of walking and biking trails, lakes and ponds, parks, playgrounds, and community events. Route 7, Route 28, the Dulles Toll Road, and Silver Line Metro are all described as minutes away, along with One Loudoun, shopping, dining, and entertainment.
Residents have access to Ashburn Village’s Sports Pavilion, with indoor and outdoor pools, a fitness center, tennis, pickleball, basketball, and racquetball. The community also includes 17 miles of walking and biking trails, lakes and ponds, parks, playgrounds, and community events. Route 7, Route 28, the Dulles Toll Road, and Silver Line Metro are all described as minutes away, along with One Loudoun, shopping, dining, and entertainment.
Key Highlights
- 1,222‑square‑foot, top‑floor condo with two bedrooms and two full bathrooms
- Two private balconies overlook the lake
- Both full bathrooms have been renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,058
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,160
$381.2K
Cap Rate 7%
$272,257
$272.3K
Cap Rate 9%
$211,756
$211.8K
Market Conditions
NOI Build-Up for 1,222 SF
Gross rent
$37.1K $30.36/SF
− Vacancy
−$2.4K −$2.00/SF
EGI
$34.7K $28.36/SF
− OpEx
−$15.6K −$12.76/SF
NOI
$19.1K $15.60/SF
Area
Loudoun County, VA
Vacancy
6.60%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,160
Cap Rate 7%
$272,257
Cap Rate 9%
$211,756
Alternative Uses
Best Use
Apartment 5plus
$272.3K
$238.2K – $317.6K
NOI $19,058 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$383.0K
$335.1K – $446.8K
NOI $26,808 @ 7.0% cap · market cap 7.05%
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
427
Businesses Nearby
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Business Placement
Demographics for 20147, VA
66,394
Population
25,474
Households
2.6
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
19.8 sq mi
ZIP Area
3,353
Density / Sq Mi
$161,356
Median Household Income
$83,880
Median Earnings
$2,394
Median Rent
$679,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The top-floor condo pairs two bedroom suites with private outdoor space and a gas fireplace.
Where is this residential income property located?
The property is located at 20583 SNOWSHOE SQUARE Unit 301 Ashburn, VA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 1,222‑square‑foot, top‑floor condo with two bedrooms and two full bathrooms; Two private balconies overlook the lake; Both full bathrooms have been renovated
