Three-Bedroom Condo with Pool
New
For Sale
$629,000
4141 N HENDERSON ROAD Unit 210, Arlington, VA 22203
The condo fee covers utilities, building services, and access to the outdoor pool.
Property Size1,822 SF
Price / SF$345.23
Days on Market3
Property Features for 4141 N HENDERSON ROAD Unit 210
General Information
Standard status
Active
Size
1,822 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,042
Amenities
pool
gardens
park
concierge
elevators
laundry facilities
Building Details
Building Size
1,822 SF
Year Built
1973
Listing Agency:
RE/MAX Distinctive Real Estate, Inc.
Listed By:
Jeffrey S Beall · License #0225069712
(703) 772-0786
Source:
Kerishull
Added: Oct 15
Changed: Oct 17
Last Checked: Oct 16 at 2:24PM
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 RE/MAX Distinctive Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 1,822-square-foot Hyde Park condominium has three bedrooms and two full baths. Recent updates include new luxury vinyl plank flooring and fresh paint. The kitchen has cherry cabinetry and stainless steel appliances, while the primary suite includes an en-suite bath and walk-in closet. Two additional walk-in utility or storage closets, a linen closet, and bedroom closets provide further storage. The residence was built in 1973.
Community features include an outdoor pool, landscaped grounds, picnic and garden areas, concierge service, elevators, and shared laundry. The condo fee includes electricity, gas, heat, air conditioning, water, sewer, pool access, and common-area maintenance. Up to three parking spaces are available for an additional monthly fee; additional building storage is also available to rent.
The property is one block from Harris Teeter and approximately a half-mile from Ballston Metro. Restaurants, shops, and parks are also nearby. School assignments listed for the residence are Barrett Elementary, Swanson Middle, and Washington-Liberty High School.
Community features include an outdoor pool, landscaped grounds, picnic and garden areas, concierge service, elevators, and shared laundry. The condo fee includes electricity, gas, heat, air conditioning, water, sewer, pool access, and common-area maintenance. Up to three parking spaces are available for an additional monthly fee; additional building storage is also available to rent.
The property is one block from Harris Teeter and approximately a half-mile from Ballston Metro. Restaurants, shops, and parks are also nearby. School assignments listed for the residence are Barrett Elementary, Swanson Middle, and Washington-Liberty High School.
Key Highlights
- 1,822‑square‑foot condominium with 3 bedrooms and 2 full baths
- Built in 1973; updated with new luxury vinyl plank flooring and fresh paint
- Condo fee includes electricity, gas, heat, air conditioning, water, sewer, pool access, and common‑area maintenance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,417
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,340
$548.3K
Cap Rate 7%
$391,671
$391.7K
Cap Rate 9%
$304,633
$304.6K
Market Conditions
NOI Build-Up for 1,822 SF
Gross rent
$52.5K $28.80/SF
− Vacancy
−$2.6K −$1.44/SF
EGI
$49.8K $27.36/SF
− OpEx
−$22.4K −$12.31/SF
NOI
$27.4K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,340
Cap Rate 7%
$391,671
Cap Rate 9%
$304,633
Alternative Uses
Best Use
Apartment 5plus
$391.7K
$342.7K – $457.0K
NOI $27,417 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.01M
$885.5K – $1.18M
NOI $70,839 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,778
Businesses Nearby
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Business Placement
Demographics for 22203, VA
25,437
Population
14,528
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
95%
High-School Grad
1.6 sq mi
ZIP Area
15,898
Density / Sq Mi
$132,402
Median Household Income
$90,699
Median Earnings
$2,318
Median Rent
$809,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The condo fee covers utilities, building services, and access to the outdoor pool.
Where is this residential income property located?
The property is located at 4141 N HENDERSON ROAD Unit 210 Arlington, VA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 1,822‑square‑foot condominium with 3 bedrooms and 2 full baths; Built in 1973; updated with new luxury vinyl plank flooring and fresh paint; Condo fee includes electricity, gas, heat, air conditioning, water, sewer, pool access, and common‑area maintenance
