Residential Income Property with Garage
For Sale
$675,000
2907 BLEEKER STREET Unit 3-206, Fairfax, VA 22031
A 2015 residence pairs a separate study with a kitchen featuring stainless steel appliances and ample cabinetry.
Property Size1,506 SF
Days on Market8
Property Features for 2907 BLEEKER STREET Unit 3-206
General Information
Standard status
Active
Size
1,506 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$7,773
Building Details
Building Size
1,506 SF
Year Built
2015
Listing Agency:
Keller Williams Realty
Listed By:
Kanwar Sodhi · License #225241422
(571) 688-5543
Source:
Barnesrealestatecompany
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 6 at 12:27AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This residential income property is a 2015 residence with a separate office or study, a kitchen with stainless steel appliances and generous cabinetry, and a primary suite with double sinks, a separate shower, and a soaking tub. Garage parking is included. Community-center access, covered by the condo fee, includes a fitness center, pool, basketball, and pickleball courts.
The Vienna/Fairfax-GMU Metro station provides Orange Line service toward Arlington and Washington, DC. Nearby destinations include Mosaic District, Jim Scott Community Center, Inova Fairfax Hospital, and George Mason University. Drivers can reach I-66, I-495, Route 29, Route 50, and Nutley Street for travel around Fairfax County and the greater region.
The Vienna/Fairfax-GMU Metro station provides Orange Line service toward Arlington and Washington, DC. Nearby destinations include Mosaic District, Jim Scott Community Center, Inova Fairfax Hospital, and George Mason University. Drivers can reach I-66, I-495, Route 29, Route 50, and Nutley Street for travel around Fairfax County and the greater region.
Key Highlights
- Built in 2015; includes garage parking
- Primary suite has double sinks, separate shower, and soaking tub
- Separate office or study
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,543
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,860
$450.9K
Cap Rate 7%
$322,043
$322.0K
Cap Rate 9%
$250,478
$250.5K
Market Conditions
NOI Build-Up for 1,506 SF
Gross rent
$43.4K $28.80/SF
− Vacancy
−$2.4K −$1.58/SF
EGI
$41.0K $27.22/SF
− OpEx
−$18.4K −$12.25/SF
NOI
$22.5K $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%
$450,860
Cap Rate 7%
$322,043
Cap Rate 9%
$250,478
Alternative Uses
Best Use
Apartment 5plus
$322.0K
$281.8K – $375.7K
NOI $22,543 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.31M
$5.52M – $7.36M
NOI $441,894 @ 7.0% cap · market cap 65.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 22031, VA
35,256
Population
15,390
Households
2.3
Avg Household Size
36
Median Age
72%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,966
Density / Sq Mi
$129,743
Median Household Income
$74,178
Median Earnings
$2,267
Median Rent
$710,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A 2015 residence pairs a separate study with a kitchen featuring stainless steel appliances and ample cabinetry.
Where is this residential income property located?
The property is located at 2907 BLEEKER STREET Unit 3-206 Fairfax, VA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Built in 2015; includes garage parking; Primary suite has double sinks, separate shower, and soaking tub; Separate office or study
