Upper-Level End-Unit Residential
For Sale
$298,000
3302 CORYELL LANE, Alexandria, VA 22302
The condo includes a bedroom with closet storage and access to shared pools, tennis courts, and an exercise room.
Property Size805 SF
Price / SF$370.19
Days on Market13
Property Features for 3302 CORYELL LANE
General Information
Standard status
Active
Size
805 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
North Ridge/Rosemont
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,467
Amenities
community pools
tennis courts
exercise room
Building Details
Building Size
805 SF
Year Built
1941
Listing Agency:
Jack Realty Group
Listed By:
John Pruski
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 26 at 10:29AM
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
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 upper-level end-unit condo has a living room, one bedroom with closet space, and 805 square feet. The building dates to 1941. Parking is available near the unit’s entrance.
Community amenities include swimming pools, tennis courts, and an exercise room. Gas and water are included in the condo fees. Dash bus service is two blocks away, with service to the Pentagon and Braddock Road Metro; the property also offers a commute to Washington, DC and the Pentagon.
Community amenities include swimming pools, tennis courts, and an exercise room. Gas and water are included in the condo fees. Dash bus service is two blocks away, with service to the Pentagon and Braddock Road Metro; the property also offers a commute to Washington, DC and the Pentagon.
Key Highlights
- 805‑square‑foot upper‑level end unit
- One bedroom with closet space and a separate living room
- Community pools, tennis courts, and exercise room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,340
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,800
$246.8K
Cap Rate 7%
$176,286
$176.3K
Cap Rate 9%
$137,111
$137.1K
Market Conditions
NOI Build-Up for 805 SF
Gross rent
$23.7K $29.40/SF
− Vacancy
−$1.2K −$1.53/SF
EGI
$22.4K $27.87/SF
− OpEx
−$10.1K −$12.54/SF
NOI
$12.3K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,800
Cap Rate 7%
$176,286
Cap Rate 9%
$137,111
Alternative Uses
Best Use
Apartment 5plus
$176.3K
$154.3K – $205.7K
NOI $12,340 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$447.1K
$391.2K – $521.6K
NOI $31,298 @ 7.0% cap · market cap 10.50%
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
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Explore this area
Business Placement
Demographics for 22302, VA
17,972
Population
9,660
Households
1.9
Avg Household Size
38
Median Age
70%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
7,814
Density / Sq Mi
$127,037
Median Household Income
$83,782
Median Earnings
$2,039
Median Rent
$630,600
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 condo includes a bedroom with closet storage and access to shared pools, tennis courts, and an exercise room.
Where is this residential income property located?
The property is located at 3302 CORYELL LANE Alexandria, VA.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 805‑square‑foot upper‑level end unit; One bedroom with closet space and a separate living room; Community pools, tennis courts, and exercise room
