Two-Bedroom Residential Income
4333 AMERICANA DRIVE Unit 203, Annandale, VA 22003
For Sale
$239,900
The condo includes a private balcony and access to a pool, tennis courts, and playgrounds.
Property Size760 SF
Price / SF$315.66
Days on Market104
Property Features for 4333 AMERICANA DRIVE Unit 203
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
pool
tennis courts
playgrounds
storage
shared laundry
bike storage
Building Details
Building Size
Year Built
Listing Agency:
Realty Advantage of Maryland LLC
Listed By:
Johnny A Diaz · License VA #613216
(240) 498-8690
Source:
Jackrealtygroup
Added: Aug 3
Changed: Nov 11
Last Checked: Nov 13 at 10:31AM
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 Advantage of Maryland LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 760-square-foot condo has two bedrooms and one full bathroom. Hardwood flooring runs through the main living areas, and vaulted ceilings accompany the living and dining space. A private balcony overlooks mature trees and shared green space. The unit was built in 1961 and is described as freshly painted and ready for occupancy.
Community amenities include a pool, tennis courts, multiple playgrounds, shared laundry, storage, and bike storage. The unit comes with two parking permits. The condo fee covers water and gas.
Community amenities include a pool, tennis courts, multiple playgrounds, shared laundry, storage, and bike storage. The unit comes with two parking permits. The condo fee covers water and gas.
Key Highlights
- 760‑square‑foot condo with two bedrooms and one full bathroom
- Private balcony overlooking mature trees and common green space
- Community amenities include a pool, tennis courts, and multiple playgrounds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,376
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,520
$227.5K
Cap Rate 7%
$162,514
$162.5K
Cap Rate 9%
$126,400
$126.4K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$21.9K $28.80/SF
− Vacancy
−$1.2K −$1.58/SF
EGI
$20.7K $27.22/SF
− OpEx
−$9.3K −$12.25/SF
NOI
$11.4K $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%
$227,520
Cap Rate 7%
$162,514
Cap Rate 9%
$126,400
Alternative Uses
Best Use
Apartment 5plus
$162.5K
$142.2K – $189.6K
NOI $11,376 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$422.1K
$369.4K – $492.5K
NOI $29,549 @ 7.0% cap · market cap 12.32%
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
782
Businesses Nearby
Explore this area
Business Placement
Demographics for 22003, VA
59,372
Population
19,497
Households
3
Avg Household Size
39
Median Age
51%
College-Educated
87%
High-School Grad
12.6 sq mi
ZIP Area
4,712
Density / Sq Mi
$134,109
Median Household Income
$54,906
Median Earnings
$1,988
Median Rent
$694,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The condo includes a private balcony and access to a pool, tennis courts, and playgrounds.
Where is this residential income property located?
The property is located at 4333 AMERICANA DRIVE Unit 203 Annandale, VA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 760‑square‑foot condo with two bedrooms and one full bathroom; Private balcony overlooking mature trees and common green space; Community amenities include a pool, tennis courts, and multiple playgrounds
