Remodeled Residential
For Sale
$315,000
21012 TIMBER RIDGE TERRACE #204, Ashburn, VA 20147
The kitchen has quartz countertops and new stainless steel appliances.
Property Size735 SF
Days on Market13
Property Features for 21012 TIMBER RIDGE TERRACE #204
General Information
Standard status
Active
Size
735 SF
Property subtype
Apartment
Building Details
Building Size
735 SF
Year Built
1991
Listing Agency:
Keller Williams Realty
Listed By:
Nancy Gabro
(703) 679-1700
Source:
Kdrealtygroup.kw
Added: Sep 28
Changed: Sep 30
Last Checked: Oct 9 at 4:49PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This 1-bedroom, 1-bathroom condo was built in 1991 and has been remodeled. Interior finishes include LVP flooring, recessed lighting, and updated light fixtures. The kitchen features quartz countertops and new stainless steel appliances, while the bathroom has also been updated.
The property is in Ashburn, with nearby shopping, dining, entertainment, parks, and trails. One Loudoun, Loudoun Station, Brambleton Town Center, Dulles Town Center, Top Golf, iFLY, and Ashburn Ice House are among the destinations identified in the area. The W&OD Trail, Silver Line Metro, and major commuter routes are also nearby.
The property is in Ashburn, with nearby shopping, dining, entertainment, parks, and trails. One Loudoun, Loudoun Station, Brambleton Town Center, Dulles Town Center, Top Golf, iFLY, and Ashburn Ice House are among the destinations identified in the area. The W&OD Trail, Silver Line Metro, and major commuter routes are also nearby.
Key Highlights
- 1‑bedroom, 1‑bathroom condo
- Remodeled interior with LVP flooring and recessed lighting
- Kitchen with quartz countertops and new stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,463
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,260
$229.3K
Cap Rate 7%
$163,757
$163.8K
Cap Rate 9%
$127,367
$127.4K
Market Conditions
NOI Build-Up for 735 SF
Gross rent
$22.3K $30.36/SF
− Vacancy
−$1.5K −$2.00/SF
EGI
$20.8K $28.36/SF
− OpEx
−$9.4K −$12.76/SF
NOI
$11.5K $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 Rate 5%
$229,260
Cap Rate 7%
$163,757
Cap Rate 9%
$127,367
Alternative Uses
Best Use
Apartment 5plus
$163.8K
$143.3K – $191.1K
NOI $11,463 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$230.3K
$201.6K – $268.7K
NOI $16,124 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
603
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The kitchen has quartz countertops and new stainless steel appliances.
Where is this residential income property located?
The property is located at 21012 TIMBER RIDGE TERRACE #204 Ashburn, VA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bathroom condo; Remodeled interior with LVP flooring and recessed lighting; Kitchen with quartz countertops and new stainless steel appliances
