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Residential Income Property with Garage
For Sale
$689,000

4053 LEGATO ROAD Unit 80, Fairfax, VA 22033

Townhouse-style condominium offering contemporary finishes, flexible bedroom space, and low-maintenance ownership in the Park at Fair Oaks community.

Property Size2,344 SF
Price / SF$293.94
Days on Market105

Property Features for 4053 LEGATO ROAD Unit 80

General Information

Standard status Active
Size 2,344 SF
Total Parking Spaces 2
Property subtype Unit/Flat/Apartment

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $8,396

Building Details

Building Size 2,344 SF
Year Built 2022
Listing Agency: Samson Properties
Listed By: Sanjiv D Shah · License #0225036821
Source: Kerishull
Added: Jun 25 Changed: Oct 6 Last Checked: Oct 5 at 11:15PM

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 Samson Properties

Investment Insights

Based on property information with market context.

Built in 2022, this townhouse-style condominium presents a three-bedroom, two-and-one-half-bath layout with an open main level and abundant natural light. The interior includes luxury vinyl plank flooring, distinct living and dining areas, and a contemporary kitchen equipped with quartz counters, custom cabinetry, pendant fixtures, an oversized island, and stainless steel appliances. A covered patio extends the main-level living area, while the upper floor includes a primary suite with private bath, two additional bedrooms, a hall bathroom, and a laundry closet with full-size washer and dryer.

The property also includes an attached one-car garage with an EV charger and a private driveway for a second vehicle. Fair Oaks Mall and Fairfax Towne Center are within walking distance, with Fairfax Corner, Whole Foods, and Wegmans nearby. Access to I-66, Route 50, and Fairfax County Parkway supports regional commuting.

Key Highlights

  • Built in 2022 with a three‑bedroom, 2.5‑bath configuration
  • Townhouse‑style condominium with open‑concept main‑level living areas
  • Kitchen features quartz countertops, custom cabinetry, oversized island, and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,087
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,740 $701.7K
Cap Rate 7%
$501,243 $501.2K
Cap Rate 9%
$389,856 $389.9K
Market Conditions
NOI Build-Up for 2,344 SF
Gross rent
$67.5K $28.80/SF
− Vacancy
−$3.7K −$1.58/SF
EGI
$63.8K $27.22/SF
− OpEx
−$28.7K −$12.25/SF
NOI
$35.1K $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%
$701,740
Cap Rate 7%
$501,243
Cap Rate 9%
$389,856

Alternative Uses

Best Use
Apartment 5plus
$501.2K
$438.6K – $584.8K (±1% cap)
NOI $35,087 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.83M
$8.60M – $11.46M (±1% cap)
NOI $687,782 @ 7.0% cap · market cap 99.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,977
Businesses Nearby

Demographics for 22033, VA

40,692
Population
16,057
Households
2.5
Avg Household Size
37
Median Age
67%
College-Educated
95%
High-School Grad
7.8 sq mi
ZIP Area
5,217
Density / Sq Mi
$134,532
Median Household Income
$75,231
Median Earnings
$2,253
Median Rent
$621,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Townhouse-style condominium offering contemporary finishes, flexible bedroom space, and low-maintenance ownership in the Park at Fair Oaks community.
Where is this residential income property located?
The property is located at 4053 LEGATO ROAD Unit 80 Fairfax, VA.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Built in 2022 with a three‑bedroom, 2.5‑bath configuration; Townhouse‑style condominium with open‑concept main‑level living areas; Kitchen features quartz countertops, custom cabinetry, oversized island, and stainless steel appliances
More about this property
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