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High-Floor Residential Property

3709 S GEORGE MASON DRIVE Unit 1614E, Falls Church, VA 22041

For Sale
$419,000

The 16th-floor corner residence combines three bedrooms, a private balcony, in-unit laundry, garage parking, and private storage.

Property Size1,911 SF
Price / SF$219.26
Days on Market89

Property Features for 3709 S GEORGE MASON DRIVE Unit 1614E

General Information

Standard status Active
Size 1,911 SF
Property subtype Unit/Flat/Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2.5BA
Multifamily Units 1

Additional Details

Furnished No

Taxes and HOA fees

Annual Taxes $4,259

Amenities

24-hour concierge
security
pool
rooftop terrace
shuttle bus
saunas
fitness center
billiards room

Building Details

Building Size 1,911 SF
Year Built 1980
Abandoned No
Listing Agency: Compass
Listed By: Alana Faustina · License #0025194917
Source: Canopy-re
Added: Aug 12 Changed: Nov 7 Last Checked: Nov 8 at 7:06AM

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 Compass

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Investment Insights

Based on property information with market context.

This single-level condominium residence occupies the 16th floor and has 1,911 square feet, three bedrooms, and 2.5 bathrooms. Recent interior updates include LVP flooring, carpet, fixtures, and paint, all completed in 2026. The kitchen features cherry cabinetry, Corian countertops, a convection stove, and a matching microwave. Bedroom closets have modular shelving, and the bathrooms include cherry vanities. A 20-foot private balcony extends the living space, while an in-unit washer and dryer and a 2025 HVAC system are also included. Assigned garage parking and a private storage unit convey with the residence.

Building amenities include a 24-hour concierge and security, a pool, rooftop terrace, shuttle bus, saunas, gyms, and billiards rooms. The condo fee covers building insurance, reserves, water, and trash. Direct Metrobus connections, access to I-395 and Route 7, and proximity to Shirlington, West Alex, Amazon HQ2, DCA, and downtown DC add to the property's transportation and area context.

Key Highlights

  • 16th‑floor corner residence with 1,911 square feet
  • Three bedrooms, 2.5 bathrooms, and single‑level layout
  • 20‑foot private balcony

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,605
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,100 $572.1K
Cap Rate 7%
$408,643 $408.6K
Cap Rate 9%
$317,833 $317.8K
Market Conditions
NOI Build-Up for 1,911 SF
Gross rent
$55.0K $28.80/SF
− Vacancy
−$3.0K −$1.58/SF
EGI
$52.0K $27.22/SF
− OpEx
−$23.4K −$12.25/SF
NOI
$28.6K $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%
$572,100
Cap Rate 7%
$408,643
Cap Rate 9%
$317,833

Alternative Uses

Best Use
Apartment 5plus
$408.6K
$357.6K – $476.8K (±1% cap)
NOI $28,605 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.01M
$7.01M – $9.35M (±1% cap)
NOI $560,730 @ 7.0% cap · market cap 133.83%
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

Location Intelligence

Trade Area within ½ mile

1,873
Businesses Nearby

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 - The 16th-floor corner residence combines three bedrooms, a private balcony, in-unit laundry, garage parking, and private storage.
Where is this residential income property located?
The property is located at 3709 S GEORGE MASON DRIVE Unit 1614E Falls Church, VA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: 16th‑floor corner residence with 1,911 square feet; Three bedrooms, 2.5 bathrooms, and single‑level layout; 20‑foot private balcony
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