Residential Income Property with
For Sale
$549,000
22091 MIDMOORE DRIVE, Ashburn, VA 20148
Modern home with a quartz kitchen, private covered balcony, and access to extensive community amenities.
Property Size1,525 SF
Price / SF$360
Days on Market193
Property Features for 22091 MIDMOORE DRIVE
General Information
Standard status
Active
Size
1,525 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
resort-inspired pool
clubhouse
fitness center
trails
playground
private covered balcony
Building Details
Building Size
1,525 SF
Year Built
2026
Listing Agency:
Toll Brothers Real Estate Inc.
(703) 623-3462
Listed By:
Carla C Brown
(703) 623-3462
Source:
Kerishull
Added: Feb 18
Changed: Aug 28
Last Checked: Aug 29 at 1:55PM
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 Toll Brothers Real Estate Inc.
Investment Insights
Based on property information with market context.
This 1,525-square-foot residential income property, built in 2026, offers a contemporary interior with wide-plank luxury vinyl flooring and an oak staircase. The kitchen includes quartz countertops, a continuous quartz backsplash, an oversized island, and KitchenAid stainless steel appliances. The primary suite features a tray ceiling, walk-in closet, dual vanities, an expansive shower, a freestanding Kohler tub, and a private covered balcony. A bedroom-level laundry room is equipped with Whirlpool front-load appliances, upper cabinetry, and a utility sink.
The property is located at 22091 MIDMOORE DRIVE in Ashburn, Virginia, near the Ashburn Metro and Silver Line Metro. Community amenities include a pool, clubhouse, fitness center, trails, and playground. The clubhouse is also within steps of the home.
The property is located at 22091 MIDMOORE DRIVE in Ashburn, Virginia, near the Ashburn Metro and Silver Line Metro. Community amenities include a pool, clubhouse, fitness center, trails, and playground. The clubhouse is also within steps of the home.
Key Highlights
- 1,525‑square‑foot residential property built in 2026
- Quartz kitchen with continuous backsplash and oversized island
- KitchenAid stainless steel appliances
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
$23,784
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
4.33%
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%
$475,680
$475.7K
Cap Rate 7%
$339,771
$339.8K
Cap Rate 9%
$264,267
$264.3K
Market Conditions
NOI Build-Up for 1,525 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
$46.3K $30.36/SF
− Vacancy
−$3.1K −$2.00/SF
EGI
$43.2K $28.36/SF
− OpEx
−$19.5K −$12.76/SF
NOI
$23.8K $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%
$475,680
Cap Rate 7%
$339,771
Cap Rate 9%
$264,267
Alternative Uses
Best Use
Apartment 5plus
$339.8K
$297.3K – $396.4K
NOI $23,784 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$477.9K
$418.2K – $557.6K
NOI $33,455 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 20148, VA
61,793
Population
20,413
Households
3
Avg Household Size
34
Median Age
77%
College-Educated
97%
High-School Grad
19.4 sq mi
ZIP Area
3,185
Density / Sq Mi
$233,502
Median Household Income
$119,027
Median Earnings
$2,647
Median Rent
$843,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Modern home with a quartz kitchen, private covered balcony, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 22091 MIDMOORE DRIVE Ashburn, VA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,525‑square‑foot residential property built in 2026; Quartz kitchen with continuous backsplash and oversized island; KitchenAid stainless steel appliances
