Condominium with Den and
2200 N WESTMORELAND STREET Unit 319, Arlington, VA 22213
For Sale
$645,000
A two-bedroom residence includes a separate den, private outdoor space, and access to nearby Metro service.
Property Size1,205 SF
Price / SF$535.27
Days on Market10
Property Features for 2200 N WESTMORELAND STREET Unit 319
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Paul Wesley Real Estate
Listed By:
Bethany K Ellis · License VA #0225099394
(703) 307-7003
Source:
Barnesrealestatecompany
Added: Nov 5
Changed: Nov 13
Last Checked: Nov 12 at 2:54PM
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 Paul Wesley Real Estate
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Investment Insights
Based on property information with market context.
Built in 2006, this 1,205-square-foot condominium has two bedrooms, two full bathrooms, a den, and a balcony. The primary bedroom includes an attached bathroom, while the second bedroom is served by a separate full bath. The den provides an additional interior room, and the balcony extends the unit's usable space outdoors.
East Falls Church Metro, served by the Orange and Silver lines, is steps away. The W&OD Trail and I-66 are also nearby, with cafes and restaurants in Westover and Falls Church within walking distance.
East Falls Church Metro, served by the Orange and Silver lines, is steps away. The W&OD Trail and I-66 are also nearby, with cafes and restaurants in Westover and Falls Church within walking distance.
Key Highlights
- 1,205‑square‑foot condominium with 2 bedrooms, 2 full bathrooms, a den, and a balcony
- East Falls Church Metro's Orange and Silver lines are steps away
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,133
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,660
$362.7K
Cap Rate 7%
$259,043
$259.0K
Cap Rate 9%
$201,478
$201.5K
Market Conditions
NOI Build-Up for 1,205 SF
Gross rent
$34.7K $28.80/SF
− Vacancy
−$1.7K −$1.44/SF
EGI
$33.0K $27.36/SF
− OpEx
−$14.8K −$12.31/SF
NOI
$18.1K $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%
$362,660
Cap Rate 7%
$259,043
Cap Rate 9%
$201,478
Alternative Uses
Best Use
Apartment 5plus
$259.0K
$226.7K – $302.2K
NOI $18,133 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$669.3K
$585.6K – $780.8K
NOI $46,850 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,901
Businesses Nearby
Explore this area
Business Placement
Demographics for 22213, VA
3,600
Population
1,814
Households
2
Avg Household Size
39
Median Age
75%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
6,000
Density / Sq Mi
$169,201
Median Household Income
$113,971
Median Earnings
$3,501
Median Rent
$1,049,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom residence includes a separate den, private outdoor space, and access to nearby Metro service.
Where is this residential income property located?
The property is located at 2200 N WESTMORELAND STREET Unit 319 Arlington, VA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 1,205‑square‑foot condominium with 2 bedrooms, 2 full bathrooms, a den, and a balcony; East Falls Church Metro's Orange and Silver lines are steps away; Built in 2006
