Top-Floor One-Bedroom
For Sale
$199,000
2909 CHARING CROSS ROAD Unit 13, Falls Church, VA 22042
Updated interior features include granite counters, stainless steel appliances, recessed lighting, and a private balcony.
Property Size713 SF
Price / SF$279.10
Days on Market63
Property Features for 2909 CHARING CROSS ROAD Unit 13
General Information
Standard status
Active
Size
713 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,952
Amenities
outdoor swimming pool
playground
on-site laundry
additional storage space
Building Details
Building Size
713 SF
Year Built
1966
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 27
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 713-square-foot, top-floor condo has one bedroom and one bathroom. Recent interior work includes luxury vinyl flooring, fresh paint, a renovated bathroom, and recessed lighting. The kitchen has granite countertops, stainless steel appliances, and gas cooking. Sliding doors connect the dining area to a private balcony. The building provides on-site laundry, extra storage, and 24-hour maintenance service, along with an outdoor pool and playground.
The property is approximately 1 mile from Dunn Loring Metro and near the Mosaic District. I-495, Route 50, Route 29, I-66, and Route 7 are also nearby. The condo fee covers electricity, gas, water, sewer, and maintenance of the heating and air-conditioning system; internet and cable are excluded.
The property is approximately 1 mile from Dunn Loring Metro and near the Mosaic District. I-495, Route 50, Route 29, I-66, and Route 7 are also nearby. The condo fee covers electricity, gas, water, sewer, and maintenance of the heating and air-conditioning system; internet and cable are excluded.
Key Highlights
- 713‑square‑foot, top‑floor condo with one bedroom and one bathroom
- Private balcony accessed from the dining area
- Kitchen includes granite countertops, stainless steel appliances, and gas cooking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,673
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,460
$213.5K
Cap Rate 7%
$152,471
$152.5K
Cap Rate 9%
$118,589
$118.6K
Market Conditions
NOI Build-Up for 713 SF
Gross rent
$20.5K $28.80/SF
− Vacancy
−$1.1K −$1.58/SF
EGI
$19.4K $27.22/SF
− OpEx
−$8.7K −$12.25/SF
NOI
$10.7K $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%
$213,460
Cap Rate 7%
$152,471
Cap Rate 9%
$118,589
Alternative Uses
Best Use
Apartment 5plus
$152.5K
$133.4K – $177.9K
NOI $10,673 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.99M
$2.62M – $3.49M
NOI $209,210 @ 7.0% cap · market cap 105.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 22042, VA
34,638
Population
12,598
Households
2.7
Avg Household Size
37
Median Age
55%
College-Educated
86%
High-School Grad
6.4 sq mi
ZIP Area
5,412
Density / Sq Mi
$135,578
Median Household Income
$60,264
Median Earnings
$2,178
Median Rent
$666,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interior features include granite counters, stainless steel appliances, recessed lighting, and a private balcony.
Where is this residential income property located?
The property is located at 2909 CHARING CROSS ROAD Unit 13 Falls Church, VA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 713‑square‑foot, top‑floor condo with one bedroom and one bathroom; Private balcony accessed from the dining area; Kitchen includes granite countertops, stainless steel appliances, and gas cooking
