One-Bedroom Residential
For Sale
$273,000
3336 SPRING LANE Unit A-30, Falls Church, VA 22041
A private balcony overlooks landscaped green space, with an assigned outdoor parking space included.
Property Size760 SF
Price / SF$359.21
Days on Market41
Property Features for 3336 SPRING LANE Unit A-30
General Information
Standard status
Active
Size
760 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$3,589
Amenities
in-unit washer/dryer
private balcony
Building Details
Building Size
760 SF
Year Built
1964
Listing Agency:
KW Metro Center
Listed By:
Natalie U Roy · License #0225206184
(703) 819-4915
Source:
Jackrealtygroup
Added: Sep 18
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 KW Metro Center
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Investment Insights
Based on property information with market context.
This 760-square-foot condominium includes one bedroom, a full bathroom, and a living area connected to the dining space. The kitchen has granite counters and ample cabinetry, while an in-unit washer and dryer combination is also provided. A private balcony faces mature trees and green space; the living room faces the courtyard. The unit was built in 1964.
The property is in Falls Church, near Bailey’s Crossroads, shopping, Trader Joe’s, restaurants, and major commuter routes. One assigned outdoor parking space is located in a nearby lot.
The property is in Falls Church, near Bailey’s Crossroads, shopping, Trader Joe’s, restaurants, and major commuter routes. One assigned outdoor parking space is located in a nearby lot.
Key Highlights
- 760‑square‑foot condominium built in 1964
- One‑bedroom layout with full bathroom and in‑unit washer and dryer
- Granite kitchen counters and substantial cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,376
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,520
$227.5K
Cap Rate 7%
$162,514
$162.5K
Cap Rate 9%
$126,400
$126.4K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$21.9K $28.80/SF
− Vacancy
−$1.2K −$1.58/SF
EGI
$20.7K $27.22/SF
− OpEx
−$9.3K −$12.25/SF
NOI
$11.4K $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%
$227,520
Cap Rate 7%
$162,514
Cap Rate 9%
$126,400
Alternative Uses
Best Use
Apartment 5plus
$162.5K
$142.2K – $189.6K
NOI $11,376 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.19M
$2.79M – $3.72M
NOI $223,001 @ 7.0% cap · market cap 81.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,627
Businesses Nearby
Explore this area
Business Placement
Demographics for 22041, VA
28,039
Population
11,567
Households
2.4
Avg Household Size
36
Median Age
47%
College-Educated
82%
High-School Grad
2.8 sq mi
ZIP Area
10,014
Density / Sq Mi
$91,075
Median Household Income
$46,350
Median Earnings
$1,913
Median Rent
$432,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A private balcony overlooks landscaped green space, with an assigned outdoor parking space included.
Where is this residential income property located?
The property is located at 3336 SPRING LANE Unit A-30 Falls Church, VA.
What is the asking price?
The asking price for this property is $273,000.
What are key features of this property?
This property features: 760‑square‑foot condominium built in 1964; One‑bedroom layout with full bathroom and in‑unit washer and dryer; Granite kitchen counters and substantial cabinetry
