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Residential Income Property with Garage
For Sale
$519,999

23235 MILLTOWN KNOLL SQUARE Unit 107, Ashburn, VA 20148

Three-level townhome-style condominium with private outdoor space, dual bedroom suites, and access to extensive community amenities.

Property Size1,452 SF
Price / SF$358.13
Days on Market92

Property Features for 23235 MILLTOWN KNOLL SQUARE Unit 107

General Information

Standard status Active
Size 1,452 SF
Property subtype Unit/Flat/Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,757

Amenities

balcony
swimming pools
fitness centers
clubhouses
parks
playgrounds
walking trails

Building Details

Building Size 1,452 SF
Year Built 2019
Listing Agency: Pearson Smith Realty, LLC
Listed By: John Karasinski · License #0225252580
Source: Kerishull
Added: Jul 16 Changed: Oct 14 Last Checked: Oct 13 at 12:57AM

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 Pearson Smith Realty, LLC

Investment Insights

Based on property information with market context.

This 1,452-square-foot townhome-style condominium was built in 2019 and spans three levels. The residence includes two bedroom suites, each with a private full bathroom and closet space, along with a laundry room located near the bedrooms. The main level combines a granite-finished kitchen with stainless steel appliances, extensive cabinetry, dining space, and living space, plus a powder room. A bonus room at the entry level provides additional interior flexibility. The property also features an attached walk-in garage, private driveway, and balcony positioned toward wooded acreage.

Residents of Loudoun Valley Estates II have access to three swimming pools, two fitness centers, clubhouses, parks, playgrounds, and walking trails. The home is near Ashburn Silver Line Metro, Brambleton Town Center, shopping, dining, and major commuter routes.

Key Highlights

  • 1,452 SF townhome‑style condominium built in 2019
  • Three‑level layout with two bedroom suites and private full baths
  • Attached walk‑in garage, private driveway, and balcony facing wooded acreage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,645
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,900 $452.9K
Cap Rate 7%
$323,500 $323.5K
Cap Rate 9%
$251,611 $251.6K
Market Conditions
NOI Build-Up for 1,452 SF
Gross rent
$44.1K $30.36/SF
− Vacancy
−$2.9K −$2.00/SF
EGI
$41.2K $28.36/SF
− OpEx
−$18.5K −$12.76/SF
NOI
$22.6K $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%
$452,900
Cap Rate 7%
$323,500
Cap Rate 9%
$251,611

Alternative Uses

Best Use
Apartment 5plus
$323.5K
$283.1K – $377.4K (±1% cap)
NOI $22,645 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$455.0K
$398.2K – $530.9K (±1% cap)
NOI $31,853 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Restaurant Auto Parts Store HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-level townhome-style condominium with private outdoor space, dual bedroom suites, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 23235 MILLTOWN KNOLL SQUARE Unit 107 Ashburn, VA.
What is the asking price?
The asking price for this property is $519,999.
What are key features of this property?
This property features: 1,452 SF townhome‑style condominium built in 2019; Three‑level layout with two bedroom suites and private full baths; Attached walk‑in garage, private driveway, and balcony facing wooded acreage
More about this property
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