Residential Income Property with
For Sale
$389,990
4104 MONUMENT COURT Unit 202, Fairfax, VA 22033
A two-bedroom, two-bath residence pairs a covered outdoor space with shared recreational amenities.
Property Size1,130 SF
Price / SF$345.12
Days on Market34
Property Features for 4104 MONUMENT COURT Unit 202
General Information
Standard status
Active
Size
1,130 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,165
Amenities
pool
tennis/pickleball court
tot lot
clubhouse
Building Details
Building Size
1,130 SF
Year Built
1995
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 26 at 3:10PM
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 second-level residential property offers 1,130 square feet with two bedrooms and two full bathrooms. The kitchen connects to the living room, which features a gas fireplace, while a covered balcony extends the living area outdoors. The primary bedroom has a bay window, walk-in closet, and private bath; the second bedroom includes two closets. An in-unit washer and dryer are included. Improvements include quartz counters, an electric range and oven, and fresh paint in 2026, plus laminate flooring, light fixtures, a second-bath vanity, and bathroom mirrors updated in 2025. Built in 1995, the property also has a screen door at the balcony entrance.
Community facilities include a pool, tennis and pickleball court, tot lot, and clubhouse available for rent. Water is covered by the association fee, and parking is available in front of the building. The address is on Monument Court in Fairfax, near Route 50 and Fair Ridge Drive. Fairfax Towne Center, Fair Oaks Mall, Whole Foods, Costco, Harris Teeter, Route 66, and Fairfax County Parkway are among the nearby destinations and routes.
Community facilities include a pool, tennis and pickleball court, tot lot, and clubhouse available for rent. Water is covered by the association fee, and parking is available in front of the building. The address is on Monument Court in Fairfax, near Route 50 and Fair Ridge Drive. Fairfax Towne Center, Fair Oaks Mall, Whole Foods, Costco, Harris Teeter, Route 66, and Fairfax County Parkway are among the nearby destinations and routes.
Key Highlights
- 1,130‑square‑foot, second‑level residence with 2 bedrooms and 2 full bathrooms
- Built in 1995; quartz counters, electric range and oven, and interior paint updated in 2026
- Laminate flooring, light fixtures, second‑bath vanity, and bathroom mirrors updated in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,915
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,300
$338.3K
Cap Rate 7%
$241,643
$241.6K
Cap Rate 9%
$187,944
$187.9K
Market Conditions
NOI Build-Up for 1,130 SF
Gross rent
$32.5K $28.80/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$30.8K $27.22/SF
− OpEx
−$13.8K −$12.25/SF
NOI
$16.9K $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%
$338,300
Cap Rate 7%
$241,643
Cap Rate 9%
$187,944
Alternative Uses
Best Use
Apartment 5plus
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.74M
$4.14M – $5.53M
NOI $331,567 @ 7.0% cap · market cap 85.02%
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
1,591
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom, two-bath residence pairs a covered outdoor space with shared recreational amenities.
Where is this residential income property located?
The property is located at 4104 MONUMENT COURT Unit 202 Fairfax, VA.
What is the asking price?
The asking price for this property is $389,990.
What are key features of this property?
This property features: 1,130‑square‑foot, second‑level residence with 2 bedrooms and 2 full bathrooms; Built in 1995; quartz counters, electric range and oven, and interior paint updated in 2026; Laminate flooring, light fixtures, second‑bath vanity, and bathroom mirrors updated in 2025
