Residential Income
For Sale
$398,900
2415 RAINSWOOD LANE, Woodbridge, VA 22191
The vacant home includes an updated kitchen, hardwood flooring, and recently installed air conditioning and tankless water heating.
Property Size1,512 SF
Price / SF$263.82
Days on Market77
Property Features for 2415 RAINSWOOD LANE
General Information
Standard status
Active
Size
1,512 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,828
Amenities
hardwood floors
custom lighting
granite countertops
stainless steel appliances
brand-new A/C unit
tankless water system
Building Details
Building Size
1,512 SF
Year Built
2008
Listing Agency:
Redfin Corporation
Listed By:
Armae Fant · License #0225215775
(540) 993-6055
Source:
Irvinrealtyllc
Added: Aug 13
Changed: Oct 26
Last Checked: Oct 26 at 3:06PM
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 Redfin Corporation
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 1,512-square-foot condo-townhouse was built in 2008 and has three bedrooms and 2.5 bathrooms. The main level features hardwood flooring, while the kitchen has granite countertops, stainless steel appliances, and upgraded cabinetry. Custom lighting and interior paint are also noted. Recent equipment updates include a new air-conditioning unit and a tankless water heater. The property is vacant.
Located on Rainswood Lane in Woodbridge, the home offers access to I-95, Route 1, a VRE station, and commuter lots. Potomac Mills, Quantico Marine Base, and Fort Belvoir are also identified as nearby destinations.
Located on Rainswood Lane in Woodbridge, the home offers access to I-95, Route 1, a VRE station, and commuter lots. Potomac Mills, Quantico Marine Base, and Fort Belvoir are also identified as nearby destinations.
Key Highlights
- 1,512 SF condo‑townhouse built in 2008
- Three bedrooms and 2.5 bathrooms
- Granite kitchen countertops, stainless steel appliances, and upgraded cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,328
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,560
$406.6K
Cap Rate 7%
$290,400
$290.4K
Cap Rate 9%
$225,867
$225.9K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$38.1K $25.20/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$37.0K $24.44/SF
− OpEx
−$16.6K −$11.00/SF
NOI
$20.3K $13.44/SF
Area
Prince William County, VA
Vacancy
3.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,560
Cap Rate 7%
$290,400
Cap Rate 9%
$225,867
Alternative Uses
Best Use
Apartment 5plus
$290.4K
$254.1K – $338.8K
NOI $20,328 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$444.0K
$388.5K – $518.1K
NOI $31,083 @ 7.0% cap · market cap 7.79%
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
258
Businesses Nearby
Explore this area
Business Placement
Demographics for 22191, VA
74,189
Population
26,127
Households
2.8
Avg Household Size
34
Median Age
39%
College-Educated
87%
High-School Grad
15.4 sq mi
ZIP Area
4,817
Density / Sq Mi
$107,993
Median Household Income
$49,388
Median Earnings
$2,069
Median Rent
$432,600
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 - The vacant home includes an updated kitchen, hardwood flooring, and recently installed air conditioning and tankless water heating.
Where is this residential income property located?
The property is located at 2415 RAINSWOOD LANE Woodbridge, VA.
What is the asking price?
The asking price for this property is $398,900.
What are key features of this property?
This property features: 1,512 SF condo‑townhouse built in 2008; Three bedrooms and 2.5 bathrooms; Granite kitchen countertops, stainless steel appliances, and upgraded cabinetry
