Updated Residential Income
For Sale
$310,000
3708 N ROSSER STREET #201, Alexandria, VA 22311
Remodeled condo with three bedrooms, private outdoor space, assigned parking, and convenient access to transportation and daily amenities.
Property Size1,065 SF
Price / SF$291.08
Days on Market35
Property Features for 3708 N ROSSER STREET #201
General Information
Standard status
Active
Size
1,065 SF
Total Parking Spaces
1
Property subtype
Condominium
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
on-site laundry
Building Details
Year Built
1965
Year Renovated
2025
Listing Agency:
Coldwell Banker Realty
(703) 763-1950
Listed By:
Mirtha E Llanos · License #0225188070
(703) 969-8055
Source:
Cummingsrealtors
Added: Sep 2
Changed: Oct 6
Last Checked: Oct 5 at 6:15PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1965, this condominium at 3708 N Rosser Street #201 in Alexandria was remodeled in 2025 with neutral paint and contemporary finishes. The 1,065-square-foot residence includes three bedrooms, a bright interior, and a private balcony. On-site amenities include laundry facilities, a dedicated storage area, one assigned parking space, and visitor parking.
The property is near public transportation and Metro access, with shopping, dining, and everyday services nearby. The condominium association covers water, trash, gas, and common-area maintenance, providing a defined set of included building expenses.
The property is near public transportation and Metro access, with shopping, dining, and everyday services nearby. The condominium association covers water, trash, gas, and common-area maintenance, providing a defined set of included building expenses.
Key Highlights
- Remodeled in 2025 with neutral paint and modern finishes
- Three‑bedroom condominium with 1,065 square feet
- Private balcony and abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,326
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,520
$326.5K
Cap Rate 7%
$233,229
$233.2K
Cap Rate 9%
$181,400
$181.4K
Market Conditions
NOI Build-Up for 1,065 SF
Gross rent
$31.3K $29.40/SF
− Vacancy
−$1.6K −$1.53/SF
EGI
$29.7K $27.87/SF
− OpEx
−$13.4K −$12.54/SF
NOI
$16.3K $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%
$326,520
Cap Rate 7%
$233,229
Cap Rate 9%
$181,400
Alternative Uses
Best Use
Apartment 5plus
$233.2K
$204.1K – $272.1K
NOI $16,326 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$591.5K
$517.6K – $690.1K
NOI $41,407 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,313
Businesses Nearby
Explore this area
Business Placement
Demographics for 22311, VA
19,934
Population
9,129
Households
2.2
Avg Household Size
34
Median Age
47%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
13,289
Density / Sq Mi
$84,759
Median Household Income
$51,504
Median Earnings
$1,909
Median Rent
$691,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Remodeled condo with three bedrooms, private outdoor space, assigned parking, and convenient access to transportation and daily amenities.
Where is this residential income property located?
The property is located at 3708 N ROSSER STREET #201 Alexandria, VA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Remodeled in 2025 with neutral paint and modern finishes; Three‑bedroom condominium with 1,065 square feet; Private balcony and abundant natural light
