Updated Residential Income
For Sale
$570,000
20656 SIBBALD SQUARE, Ashburn, VA 20147
Freshly painted residence with an upgraded kitchen, custom closet systems, and access to community recreation amenities.
Property Size2,600 SF
Price / SF$219.23
Days on Market25
Property Features for 20656 SIBBALD SQUARE
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,236
Amenities
outdoor pool
tot lots/playgrounds
Building Details
Building Size
2,600 SF
Year Built
2011
Listing Agency:
Redfin Corporation
(703) 625-5571
Listed By:
Kamran Saleem · License #0225062330
(703) 625-5571
Source:
Kerishull
Added: Aug 6
Changed: Aug 29
Last Checked: Aug 29 at 11:06PM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
This 2,600-square-foot residential income property, built in 2011, has been freshly painted and configured for comfortable daily living and entertaining. The kitchen includes a Samsung Bespoke refrigerator, gas range, center island, wine and drink refrigerator, and ample storage. Custom closet systems are installed in every bedroom, adding organized storage throughout the residence.
Community features include maintained common grounds, an outdoor pool, and tot lots and playgrounds. The association covers common-area maintenance, pool access, snow removal, trash, and water. The property is located at 20656 Sibbald Square in Ashburn, Virginia, near Goose Creek Village Center and its grocery, restaurant, coffee, fitness, retail, and daily-service offerings. Access to Route 7, Route 28, the Dulles Greenway, Silver Line Metro stations, Dulles International Airport, and One Loudoun is also noted.
Community features include maintained common grounds, an outdoor pool, and tot lots and playgrounds. The association covers common-area maintenance, pool access, snow removal, trash, and water. The property is located at 20656 Sibbald Square in Ashburn, Virginia, near Goose Creek Village Center and its grocery, restaurant, coffee, fitness, retail, and daily-service offerings. Access to Route 7, Route 28, the Dulles Greenway, Silver Line Metro stations, Dulles International Airport, and One Loudoun is also noted.
Key Highlights
- 2,600‑square‑foot property built in 2011
- Fresh paint and upgraded Samsung Bespoke refrigerator
- Gas range, center island, and wine/drink refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,549
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$810,980
$811.0K
Cap Rate 7%
$579,271
$579.3K
Cap Rate 9%
$450,544
$450.5K
Market Conditions
NOI Build-Up for 2,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$78.9K $30.36/SF
− Vacancy
−$5.2K −$2.00/SF
EGI
$73.7K $28.36/SF
− OpEx
−$33.2K −$12.76/SF
NOI
$40.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$810,980
Cap Rate 7%
$579,271
Cap Rate 9%
$450,544
Alternative Uses
Best Use
Apartment 5plus
$579.3K
$506.9K – $675.8K
NOI $40,549 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$814.8K
$713.0K – $950.6K
NOI $57,038 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Freshly painted residence with an upgraded kitchen, custom closet systems, and access to community recreation amenities.
Where is this residential income property located?
The property is located at 20656 SIBBALD SQUARE Ashburn, VA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 2,600‑square‑foot property built in 2011; Fresh paint and upgraded Samsung Bespoke refrigerator; Gas range, center island, and wine/drink refrigerator
