2-Bedroom
For Sale
$205,000
4258 BUCKMAN ROAD Unit 39, Alexandria, VA 22309
An existing lease and in-unit laundry add practical detail to this residential income property.
Property Size798 SF
Price / SF$256.89
Days on Market27
Property Features for 4258 BUCKMAN ROAD Unit 39
General Information
Standard status
Active
Size
798 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,079
Amenities
ceiling fans
large closets
in-unit washer/dryer
Building Details
Building Size
798 SF
Year Built
1965
Listing Agency:
Keller Williams Realty
Listed By:
Patrick J Flynn · License #0225046788
(703) 615-0633
Source:
Irvinrealtyllc
Added: Oct 2
Changed: Oct 27
Last Checked: Oct 27 at 4:17AM
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 Realty
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Investment Insights
Based on property information with market context.
This 798-square-foot condominium was built in 1965 and has two bedrooms and one bathroom. The interior includes a combined living and dining area, ceiling fans, and large closets in the bedrooms. A washer and dryer are located within the unit.
The property is in Alexandria, Virginia, with access to Route 1, the Capital Beltway, and the GW Parkway. The lease is in place, and the condominium fee covers utilities, snow removal, and management.
The property is in Alexandria, Virginia, with access to Route 1, the Capital Beltway, and the GW Parkway. The lease is in place, and the condominium fee covers utilities, snow removal, and management.
Key Highlights
- 798‑square‑foot, two‑bedroom, one‑bathroom condominium
- Built in 1965
- In‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,233
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,660
$244.7K
Cap Rate 7%
$174,757
$174.8K
Cap Rate 9%
$135,922
$135.9K
Market Conditions
NOI Build-Up for 798 SF
Gross rent
$23.5K $29.40/SF
− Vacancy
−$1.2K −$1.53/SF
EGI
$22.2K $27.87/SF
− OpEx
−$10.0K −$12.54/SF
NOI
$12.2K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,660
Cap Rate 7%
$174,757
Cap Rate 9%
$135,922
Alternative Uses
Best Use
Apartment 5plus
$174.8K
$152.9K – $203.9K
NOI $12,233 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$443.2K
$387.8K – $517.1K
NOI $31,026 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 22309, VA
33,773
Population
13,082
Households
2.6
Avg Household Size
38
Median Age
44%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
4,503
Density / Sq Mi
$101,556
Median Household Income
$47,738
Median Earnings
$1,749
Median Rent
$539,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An existing lease and in-unit laundry add practical detail to this residential income property.
Where is this residential income property located?
The property is located at 4258 BUCKMAN ROAD Unit 39 Alexandria, VA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 798‑square‑foot, two‑bedroom, one‑bathroom condominium; Built in 1965; In‑unit washer and dryer
