One-Bedroom Condo with
For Sale
$335,000
3009 NICOSH CIRCLE Unit 4306, Falls Church, VA 22042
An 806-square-foot residence pairs a windowed den with a private covered balcony and two assigned parking spaces.
Property Size806 SF
Price / SF$415.63
Days on Market35
Property Features for 3009 NICOSH CIRCLE Unit 4306
General Information
Standard status
Active
Size
806 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,419
Amenities
secure building entry
covered balcony
crown molding
white cabinetry
stainless-steel appliances
breakfast bar
wood-style flooring
French doors
walk-in closet
full-size washer and dryer
outdoor pool
fitness center
clubhouse
community room
playground
dog park
landscaped walking paths
Building Details
Building Size
806 SF
Year Built
2000
Listing Agency:
KW United
Listed By:
Steve McIlvaine · License #0225211254
(571) 546-3912
Source:
Jackrealtygroup
Added: Sep 24
Changed: Oct 27
Last Checked: Oct 26 at 3:37PM
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 KW United
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Investment Insights
Based on property information with market context.
This 806-square-foot, one-bedroom condo includes a den with windows, an open living area, and a covered balcony accessed from the bedroom. The kitchen has white cabinetry, stainless-steel appliances, and a breakfast bar. A walk-in closet, in-unit full-size washer and dryer, and two assigned parking spaces add practical convenience. The building was completed in 2000; the water heater was replaced in 2018, and the refrigerator, dishwasher, bath vanity, and interior paint were updated in 2026.
Residents have access to an outdoor pool, fitness center, clubhouse, community room, playground, dog park, and landscaped walking paths. Dunn Loring-Merrifield Metro is approximately one mile away, and Mosaic District is less than a mile from the property. I-495, I-66, Route 50, Route 29, shopping, and dining are nearby. Verizon Fios and Cox service are available.
Residents have access to an outdoor pool, fitness center, clubhouse, community room, playground, dog park, and landscaped walking paths. Dunn Loring-Merrifield Metro is approximately one mile away, and Mosaic District is less than a mile from the property. I-495, I-66, Route 50, Route 29, shopping, and dining are nearby. Verizon Fios and Cox service are available.
Key Highlights
- 806‑square‑foot, one‑bedroom condo with a den
- Covered bedroom balcony and walk‑in closet
- Garage parking plus a second assigned space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,065
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,300
$241.3K
Cap Rate 7%
$172,357
$172.4K
Cap Rate 9%
$134,056
$134.1K
Market Conditions
NOI Build-Up for 806 SF
Gross rent
$23.2K $28.80/SF
− Vacancy
−$1.3K −$1.58/SF
EGI
$21.9K $27.22/SF
− OpEx
−$9.9K −$12.25/SF
NOI
$12.1K $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%
$241,300
Cap Rate 7%
$172,357
Cap Rate 9%
$134,056
Alternative Uses
Best Use
Apartment 5plus
$172.4K
$150.8K – $201.1K
NOI $12,065 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.38M
$2.96M – $3.94M
NOI $236,499 @ 7.0% cap · market cap 70.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,900
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
Frequently Asked Questions
What type of property is this?
Residential income property - An 806-square-foot residence pairs a windowed den with a private covered balcony and two assigned parking spaces.
Where is this residential income property located?
The property is located at 3009 NICOSH CIRCLE Unit 4306 Falls Church, VA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 806‑square‑foot, one‑bedroom condo with a den; Covered bedroom balcony and walk‑in closet; Garage parking plus a second assigned space
