One-Bedroom Residential Unit with
For Sale
$439,000
2200 N WESTMORELAND STREET Unit 329, Arlington, VA 22213
The unit combines a separate den, in-home laundry, and one reserved garage space with access to shared building amenities.
Property Size864 SF
Price / SF$508.10
Days on Market69
Property Features for 2200 N WESTMORELAND STREET Unit 329
General Information
Standard status
Active
Size
864 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington - East Falls Church
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,681
Amenities
fitness center
secured entrance
party room
in-unit laundry
Building Details
Building Size
864 SF
Year Built
2006
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Aug 21
Changed: Oct 27
Last Checked: Oct 26 at 11:43AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
Built in 2006, this 864-square-foot residence has one bedroom and a separate den. Hardwood flooring, broad windows, and an open layout connect the living and dining areas. The kitchen offers stainless steel appliances, granite counters, gas cooking, and an island. The bedroom includes a walk-in closet and Juliet balcony, and the unit also has a full bathroom and in-unit laundry.
The building provides a secured entrance, fitness center, party room, and one reserved garage parking space. The address is 2200 N Westmoreland Street, Unit 329, in Arlington, Virginia. The East Falls Church Metro station, Whole Foods, restaurants, and retail are described as being within walking distance.
The building provides a secured entrance, fitness center, party room, and one reserved garage parking space. The address is 2200 N Westmoreland Street, Unit 329, in Arlington, Virginia. The East Falls Church Metro station, Whole Foods, restaurants, and retail are described as being within walking distance.
Key Highlights
- 864‑square‑foot residence with one bedroom and a den
- Kitchen features stainless steel appliances, granite counters, gas cooking, and an island
- Bedroom includes a walk‑in closet and Juliet balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,001
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,020
$260.0K
Cap Rate 7%
$185,729
$185.7K
Cap Rate 9%
$144,456
$144.5K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$24.9K $28.80/SF
− Vacancy
−$1.2K −$1.44/SF
EGI
$23.6K $27.36/SF
− OpEx
−$10.6K −$12.31/SF
NOI
$13.0K $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%
$260,020
Cap Rate 7%
$185,729
Cap Rate 9%
$144,456
Alternative Uses
Best Use
Apartment 5plus
$185.7K
$162.5K – $216.7K
NOI $13,001 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$479.9K
$419.9K – $559.9K
NOI $33,592 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,901
Businesses Nearby
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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 - The unit combines a separate den, in-home laundry, and one reserved garage space with access to shared building amenities.
Where is this residential income property located?
The property is located at 2200 N WESTMORELAND STREET Unit 329 Arlington, VA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 864‑square‑foot residence with one bedroom and a den; Kitchen features stainless steel appliances, granite counters, gas cooking, and an island; Bedroom includes a walk‑in closet and Juliet balcony
