Ground-Floor Residential Income
For Sale
$380,000
3310 WYNDHAM CIRCLE Unit 115, Alexandria, VA 22302
The two-bedroom residence pairs en-suite baths with in-unit laundry and assigned parking.
Property Size939 SF
Price / SF$404.69
Days on Market92
Property Features for 3310 WYNDHAM CIRCLE Unit 115
General Information
Standard status
Active
Size
939 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Alexandria West
Units
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$4,314
Amenities
pool
fitness center
clubhouse
dog park
concierge service
shuttle to Pentagon City Metro
in-unit laundry
Building Details
Building Size
939 SF
Year Built
1990
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 26 at 1:21PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 939-square-foot, ground-level condo has an open layout, hardwood floors, and an updated kitchen with granite countertops and stainless steel appliances. Both bedrooms have en-suite bathrooms. In-unit laundry and an assigned parking space are included, and the home is being sold as is. The property was built in 1990 and is located in the gated Pointe at Park Center community.
Community amenities include a pool, fitness center, clubhouse, dog park, concierge service, and shuttle service to Pentagon City Metro. Shirlington, National Landing, Reagan National Airport, Washington, DC, shopping, dining, parks, and major commuter routes are described as nearby.
Community amenities include a pool, fitness center, clubhouse, dog park, concierge service, and shuttle service to Pentagon City Metro. Shirlington, National Landing, Reagan National Airport, Washington, DC, shopping, dining, parks, and major commuter routes are described as nearby.
Key Highlights
- 939‑square‑foot ground‑floor condo with an open layout
- Two bedrooms, each with an en‑suite bathroom
- Updated kitchen with granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,394
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,880
$287.9K
Cap Rate 7%
$205,629
$205.6K
Cap Rate 9%
$159,933
$159.9K
Market Conditions
NOI Build-Up for 939 SF
Gross rent
$27.6K $29.40/SF
− Vacancy
−$1.4K −$1.53/SF
EGI
$26.2K $27.87/SF
− OpEx
−$11.8K −$12.54/SF
NOI
$14.4K $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%
$287,880
Cap Rate 7%
$205,629
Cap Rate 9%
$159,933
Alternative Uses
Best Use
Apartment 5plus
$205.6K
$179.9K – $239.9K
NOI $14,394 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$521.5K
$456.4K – $608.5K
NOI $36,508 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom residence pairs en-suite baths with in-unit laundry and assigned parking.
Where is this residential income property located?
The property is located at 3310 WYNDHAM CIRCLE Unit 115 Alexandria, VA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 939‑square‑foot ground‑floor condo with an open layout; Two bedrooms, each with an en‑suite bathroom; Updated kitchen with granite countertops and stainless steel appliances
