Three-Bedroom Residential
For Sale
$649,000
4141 N NORTH HENDERSON ROAD Unit 311, Arlington, VA 22203
The residence includes a balcony, gas cooking, a pantry, and access to building amenities.
Property Size1,730 SF
Days on Market11
Property Features for 4141 N NORTH HENDERSON ROAD Unit 311
General Information
Standard status
Active
Size
1,730 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$5,826
Building Details
Building Size
1,730 SF
Year Built
1973
Listing Agency:
Keller Williams Capital Properties
Listed By:
David F Thomas · License #BR98374505
(202) 486-5918
Source:
Barnesrealestatecompany
Added: Sep 26
Changed: Oct 5
Last Checked: Oct 5 at 11:06PM
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 Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
This three-bedroom residence has more than 1,700 square feet, a foyer, and a living room that connects to the dining area. Floor-to-ceiling windows bring natural light into the living space and primary bedroom. The third bedroom is adjacent to the living room and opens to the balcony, which is also accessible from the dining room. The kitchen features gas cooking and a pantry; the primary bedroom has a walk-in closet and en-suite bathroom. Condo fees cover all utilities.
The property is in the Ballston neighborhood, a few blocks from the Metro. Building amenities include a pool, park, and concierge. Shops and restaurants in Ballston include Harris Teeter, Target, and Ballston Quarter. Up to three garage parking spaces are available. The building was constructed in 1973.
The property is in the Ballston neighborhood, a few blocks from the Metro. Building amenities include a pool, park, and concierge. Shops and restaurants in Ballston include Harris Teeter, Target, and Ballston Quarter. Up to three garage parking spaces are available. The building was constructed in 1973.
Key Highlights
- Three‑bedroom residence with more than 1,700 square feet
- Balcony access from the dining room and third bedroom
- Condo fees include all utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,033
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,660
$520.7K
Cap Rate 7%
$371,900
$371.9K
Cap Rate 9%
$289,256
$289.3K
Market Conditions
NOI Build-Up for 1,730 SF
Gross rent
$49.8K $28.80/SF
− Vacancy
−$2.5K −$1.44/SF
EGI
$47.3K $27.36/SF
− OpEx
−$21.3K −$12.31/SF
NOI
$26.0K $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%
$520,660
Cap Rate 7%
$371,900
Cap Rate 9%
$289,256
Alternative Uses
Best Use
Apartment 5plus
$371.9K
$325.4K – $433.9K
NOI $26,033 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$960.9K
$840.8K – $1.12M
NOI $67,262 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,778
Businesses Nearby
Explore this area
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 residence includes a balcony, gas cooking, a pantry, and access to building amenities.
Where is this residential income property located?
The property is located at 4141 N NORTH HENDERSON ROAD Unit 311 Arlington, VA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Three‑bedroom residence with more than 1,700 square feet; Balcony access from the dining room and third bedroom; Condo fees include all utilities
