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Upgraded Residential Income Property
For Sale
$480,000
Pending

23665 HAVELOCK WALK TERRACE Unit 406, Ashburn, VA 20148

Penthouse-level condominium with elevated finishes, private outdoor space, resort amenities, and secure parking access.

Property Size1,229 SF
Days on Market93

Property Features for 23665 HAVELOCK WALK TERRACE Unit 406

General Information

Standard status Pending
Size 1,229 SF
Total Parking Spaces 1
Elevators Yes
Property subtype Penthouse Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,778

Amenities

clubhouse
indoor pool
outdoor pool
fitness center
pickleball courts
bocce courts
art studio
golf simulator
walking trails
lakeside park
gathering spaces
electric fireplace
balcony
custom built-ins

Building Details

Building Size 1,229 SF
Year Built 2025
Listing Agency: Compass
Listed By: Jason Thomas · License #0225209062
Source: Kerishull
Added: Jul 21 Changed: Oct 8 Last Checked: Oct 19 at 5:39PM

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 Compass

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Investment Insights

Based on property information with market context.

Built in 2025, this penthouse-level condominium combines an open living arrangement with a den, two full bathrooms, and a private balcony. Interior features include 10-foot ceilings, wide-plank LVP flooring, ceiling-height kitchen cabinetry, quartz surfaces, an island, and stainless steel appliances with a 5-burner gas range and wine refrigerator. An electric fireplace adds a focal point to the living area, while custom built-ins support flexible den use. The primary suite includes a custom walk-in closet, double vanity, and rainfall shower.

Residents have access to a clubhouse, indoor and outdoor pools, fitness center, pickleball and bocce courts, art studio, golf simulator, walking trails, lakeside park, and community gatherings. The property also provides elevator access, a private 1-car garage, secure entry, and a dedicated package room. Condo fees cover building and community amenities, basic cable, trash, water, snow removal, and common grounds and building maintenance. Brambleton Town Center and Washington Dulles International Airport are minutes away, with access to major routes.

Key Highlights

  • 2025‑built penthouse‑level condominium with 10‑foot ceilings
  • Private 1‑car garage, elevator access, secure entry, and dedicated package room
  • Kitchen includes quartz countertops, ceiling‑height cabinetry, 5‑burner gas range, and wine refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,167
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,340 $383.3K
Cap Rate 7%
$273,814 $273.8K
Cap Rate 9%
$212,967 $213.0K
Market Conditions
NOI Build-Up for 1,229 SF
Gross rent
$37.3K $30.36/SF
− Vacancy
−$2.5K −$2.00/SF
EGI
$34.8K $28.36/SF
− OpEx
−$15.7K −$12.76/SF
NOI
$19.2K $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%
$383,340
Cap Rate 7%
$273,814
Cap Rate 9%
$212,967

Alternative Uses

Best Use
Apartment 5plus
$273.8K
$239.6K – $319.5K (±1% cap)
NOI $19,167 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$385.2K
$337.0K – $449.4K (±1% cap)
NOI $26,961 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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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 - Penthouse-level condominium with elevated finishes, private outdoor space, resort amenities, and secure parking access.
Where is this residential income property located?
The property is located at 23665 HAVELOCK WALK TERRACE Unit 406 Ashburn, VA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 2025‑built penthouse‑level condominium with 10‑foot ceilings; Private 1‑car garage, elevator access, secure entry, and dedicated package room; Kitchen includes quartz countertops, ceiling‑height cabinetry, 5‑burner gas range, and wine refrigerator
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