Corner Residential Income
For Sale
$515,000
4210 MOZART BRIGADE LANE Unit F, Fairfax, VA 22030
Updated corner condo with flexible entry, pond views, and extensive community amenities.
Property Size1,500 SF
Price / SF$343.33
Days on Market105
Property Features for 4210 MOZART BRIGADE LANE Unit F
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,594
Amenities
pool
clubhouse
fitness center
tennis courts
playground
scenic walking paths
Building Details
Building Size
1,500 SF
Year Built
1998
Listing Agency:
Realty One Group Key Properties
Listed By:
Karen Joyner Brooks · License #0223240745
(443) 823-4491
Source:
Kerishull
Added: May 22
Changed: Aug 31
Last Checked: Sep 2 at 1:49AM
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 Realty One Group Key Properties
Investment Insights
Based on property information with market context.
This corner-unit condominium offers 1,500 square feet with an open layout and two separate entrances. A side entry provides step-free access to the building lobby, while the front route includes one flight of 10 steps followed by 5 steps to the condo lobby. Interior improvements include new carpet, fresh paint, quartz countertops, cabinetry, and appliances. The bedroom arrangement places an en-suite bedroom apart from two additional bedrooms and a bathroom, with storage incorporated throughout the residence.
A private deck overlooks a pond and surrounding greenery. Community amenities include a pool, clubhouse, fitness center, tennis courts, playground, and scenic walking paths. Fair Oaks Mall is approximately 10 minutes away, with access to Dulles Airport, the Silver Line Metro, and major commuter routes. The condominium was built in 1998.
A private deck overlooks a pond and surrounding greenery. Community amenities include a pool, clubhouse, fitness center, tennis courts, playground, and scenic walking paths. Fair Oaks Mall is approximately 10 minutes away, with access to Dulles Airport, the Silver Line Metro, and major commuter routes. The condominium was built in 1998.
Key Highlights
- 1,500‑square‑foot corner condominium with an open floor plan
- Two entrances, including step‑free side access to the building lobby
- Updated with new carpet, fresh paint, quartz countertops, cabinets, and appliances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,453
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$449,060
$449.1K
Cap Rate 7%
$320,757
$320.8K
Cap Rate 9%
$249,478
$249.5K
Market Conditions
NOI Build-Up for 1,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.2K $28.80/SF
− Vacancy
−$2.4K −$1.58/SF
EGI
$40.8K $27.22/SF
− OpEx
−$18.4K −$12.25/SF
NOI
$22.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$449,060
Cap Rate 7%
$320,757
Cap Rate 9%
$249,478
Alternative Uses
Best Use
Apartment 5plus
$320.8K
$280.7K – $374.2K
NOI $22,453 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.29M
$5.50M – $7.34M
NOI $440,134 @ 7.0% cap · market cap 85.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
Explore this area
Business Placement
Demographics for 22030, VA
60,431
Population
21,758
Households
2.8
Avg Household Size
34
Median Age
67%
College-Educated
94%
High-School Grad
19.4 sq mi
ZIP Area
3,115
Density / Sq Mi
$139,885
Median Household Income
$61,628
Median Earnings
$2,242
Median Rent
$700,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated corner condo with flexible entry, pond views, and extensive community amenities.
Where is this residential income property located?
The property is located at 4210 MOZART BRIGADE LANE Unit F Fairfax, VA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1,500‑square‑foot corner condominium with an open floor plan; Two entrances, including step‑free side access to the building lobby; Updated with new carpet, fresh paint, quartz countertops, cabinets, and appliances
