Top-Floor Two-Level Residential Income
For Sale
$549,900
2720 BELLFOREST COURT Unit 401, Vienna, VA 22180
Renovated two-level home in a secure elevator building with Metro access and community amenities.
Property Size1,126 SF
Price / SF$488.37
Days on Market13
Property Features for 2720 BELLFOREST COURT Unit 401
General Information
Standard status
Active
Size
1,126 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR+Loft/3BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,677
Amenities
outdoor swimming pool
fitness center
clubhouse
community center
gas fireplace
private balcony
private storage unit
Building Details
Building Size
1,126 SF
Year Built
2001
Year Renovated
2022
Listing Agency:
Samson Properties
(703) 725-6969
Listed By:
Victoria Zhao · License #0225203413
(703) 725-6969
Source:
Kerishull
Added: Aug 20
Changed: Aug 31
Last Checked: Aug 31 at 9:37PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This top-floor, two-level residence offers 1,126 square feet with two bedrooms, a loft, and three full bathrooms. The open interior includes cathedral ceilings, skylights, a gas fireplace, and a private balcony. The primary suite features a sitting area, dual closets, and an en-suite bathroom with a soaking tub and separate shower. A second bedroom or den and the upper loft provide adaptable living space.
Renovations completed in 2022 include LVP flooring, custom paint, a kitchen with granite countertops and GE stainless steel appliances, updated bathroom finishes, contemporary lighting, and refreshed door hardware and smoke detectors. A stacked washer and dryer was added in 2021, and the tankless water heater dates to 2023.
The home is in a secure elevator building with one underground garage space, three parking permits, and a private storage unit. Community amenities include an outdoor pool, fitness center, clubhouse, and community center. Dunn Loring-Merrifield Metro and The Shops at Avenir Place are across the street, with Mosaic District less than a mile away. Access to I-495, I-66, Route 50, Route 29, and Route 267 supports travel throughout Northern Virginia and into Washington, DC.
Renovations completed in 2022 include LVP flooring, custom paint, a kitchen with granite countertops and GE stainless steel appliances, updated bathroom finishes, contemporary lighting, and refreshed door hardware and smoke detectors. A stacked washer and dryer was added in 2021, and the tankless water heater dates to 2023.
The home is in a secure elevator building with one underground garage space, three parking permits, and a private storage unit. Community amenities include an outdoor pool, fitness center, clubhouse, and community center. Dunn Loring-Merrifield Metro and The Shops at Avenir Place are across the street, with Mosaic District less than a mile away. Access to I-495, I-66, Route 50, Route 29, and Route 267 supports travel throughout Northern Virginia and into Washington, DC.
Key Highlights
- Top‑floor, two‑level residence with 1,126 square feet
- Two bedrooms plus loft and 3 full bathrooms
- 2022 renovation includes kitchen, flooring, paint, lighting, and bathroom updates
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
$16,855
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
3.07%
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%
$337,100
$337.1K
Cap Rate 7%
$240,786
$240.8K
Cap Rate 9%
$187,278
$187.3K
Market Conditions
NOI Build-Up for 1,126 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
$32.4K $28.80/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$30.6K $27.22/SF
− OpEx
−$13.8K −$12.25/SF
NOI
$16.9K $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 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%
$337,100
Cap Rate 7%
$240,786
Cap Rate 9%
$187,278
Alternative Uses
Best Use
Apartment 5plus
$240.8K
$210.7K – $280.9K
NOI $16,855 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.72M
$4.13M – $5.51M
NOI $330,394 @ 7.0% cap · market cap 60.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,837
Businesses Nearby
Explore this area
Business Placement
Demographics for 22180, VA
26,666
Population
10,013
Households
2.7
Avg Household Size
38
Median Age
76%
College-Educated
95%
High-School Grad
5.9 sq mi
ZIP Area
4,520
Density / Sq Mi
$181,467
Median Household Income
$90,369
Median Earnings
$2,335
Median Rent
$916,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated two-level home in a secure elevator building with Metro access and community amenities.
Where is this residential income property located?
The property is located at 2720 BELLFOREST COURT Unit 401 Vienna, VA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Top‑floor, two‑level residence with 1,126 square feet; Two bedrooms plus loft and 3 full bathrooms; 2022 renovation includes kitchen, flooring, paint, lighting, and bathroom updates
