One-Bedroom
For Sale
$299,000
2230 GEORGE C MARSHALL DRIVE Unit 1120, Falls Church, VA 22043
An upper-floor residence combines south-facing exposure, updated flooring, and access to extensive community amenities.
Property Size792 SF
Price / SF$377.53
Days on Market57
Property Features for 2230 GEORGE C MARSHALL DRIVE Unit 1120
General Information
Standard status
Active
Size
792 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,304
Amenities
gas fireplace
gated community
24-hour concierge
indoor pool
outdoor pool
tennis courts
fitness center
business center
game room
library
shuttle service
Building Details
Building Size
792 SF
Year Built
1987
Listing Agency:
Signature Home Realty LLC
Listed By:
Zhang Tian
(301) 659-6184
Source:
Irvinrealtyllc
Added: Sep 2
Changed: Oct 27
Last Checked: Oct 26 at 8:03PM
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 Signature Home Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 792-square-foot condominium occupies the 11th floor and has a south-facing orientation. The one-bedroom layout includes 9-foot ceilings, a gas fireplace, luxury vinyl flooring, and stainless steel appliances. The building was constructed in 1987.
Community facilities include indoor and outdoor swimming pools, tennis courts, a fitness center, business center, game room, and library. Residents also have access to a 24-hour concierge and complimentary shuttle service to and from West Falls Church Metro. Tysons Corner, the Mosaic District, Whole Foods, Trader Joe’s, I-495, I-66, and Route 7 are identified as nearby destinations or routes.
Community facilities include indoor and outdoor swimming pools, tennis courts, a fitness center, business center, game room, and library. Residents also have access to a 24-hour concierge and complimentary shuttle service to and from West Falls Church Metro. Tysons Corner, the Mosaic District, Whole Foods, Trader Joe’s, I-495, I-66, and Route 7 are identified as nearby destinations or routes.
Key Highlights
- 792‑square‑foot, one‑bedroom condominium on the 11th floor
- South‑facing orientation and 9‑foot ceilings
- Gas fireplace, luxury vinyl flooring, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,855
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,100
$237.1K
Cap Rate 7%
$169,357
$169.4K
Cap Rate 9%
$131,722
$131.7K
Market Conditions
NOI Build-Up for 792 SF
Gross rent
$22.8K $28.80/SF
− Vacancy
−$1.3K −$1.58/SF
EGI
$21.6K $27.22/SF
− OpEx
−$9.7K −$12.25/SF
NOI
$11.9K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,100
Cap Rate 7%
$169,357
Cap Rate 9%
$131,722
Alternative Uses
Best Use
Apartment 5plus
$169.4K
$148.2K – $197.6K
NOI $11,855 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.32M
$2.90M – $3.87M
NOI $232,391 @ 7.0% cap · market cap 77.72%
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
1,033
Businesses Nearby
Explore this area
Business Placement
Demographics for 22043, VA
25,850
Population
10,316
Households
2.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
4.7 sq mi
ZIP Area
5,500
Density / Sq Mi
$143,836
Median Household Income
$80,230
Median Earnings
$2,136
Median Rent
$868,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - An upper-floor residence combines south-facing exposure, updated flooring, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 2230 GEORGE C MARSHALL DRIVE Unit 1120 Falls Church, VA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 792‑square‑foot, one‑bedroom condominium on the 11th floor; South‑facing orientation and 9‑foot ceilings; Gas fireplace, luxury vinyl flooring, and stainless steel appliances
