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Top-Floor Two-Bedroom Condo

4335 AMERICANA DRIVE Unit 203, Annandale, VA 22003

For Sale
$269,995

A private balcony overlooks wooded surroundings, with community pool and court amenities also available.

Property Size780 SF
Price / SF$346.15
Days on Market177

Property Features for 4335 AMERICANA DRIVE Unit 203

General Information

Standard status Active
Size 780 SF
Property subtype Unit/Flat/Apartment

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,736

Amenities

pool
tennis courts
basketball courts
private balcony
basement storage unit

Building Details

Building Size 780 SF
Year Built 1961
Listing Agency: Realty ONE Group Capital
Listed By: April Paulines-Sanchez · License VA #0225241805
Source: Jackrealtygroup
Added: May 22 Changed: Nov 11 Last Checked: Nov 13 at 10:38AM

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 Capital

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Investment Insights

Based on property information with market context.

This 780-square-foot, two-bedroom residence is a top-floor end unit in a community built in 1961. Interior features include vaulted wood ceilings with exposed beams, updated kitchen and bathroom finishes, and fresh carpet. A private balcony faces wooded surroundings, and the unit includes a basement storage space.

The community is near I-495, Tysons, shopping, dining, and major commuter routes. The condominium fee covers gas, heat, water, sewer, and trash, along with access to a pool, tennis courts, and basketball courts. The community is not currently FHA approved; single-unit approval may be possible, subject to lender review.

Key Highlights

  • 780‑square‑foot, two‑bedroom top‑floor end unit
  • Private balcony with wooded views
  • Vaulted wood ceilings with exposed beams

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,676
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,520 $233.5K
Cap Rate 7%
$166,800 $166.8K
Cap Rate 9%
$129,733 $129.7K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$22.5K $28.80/SF
− Vacancy
−$1.2K −$1.58/SF
EGI
$21.2K $27.22/SF
− OpEx
−$9.6K −$12.25/SF
NOI
$11.7K $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%
$233,520
Cap Rate 7%
$166,800
Cap Rate 9%
$129,733

Alternative Uses

Best Use
Apartment 5plus
$166.8K
$146.0K – $194.6K (±1% cap)
NOI $11,676 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$433.2K
$379.1K – $505.4K (±1% cap)
NOI $30,326 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - A private balcony overlooks wooded surroundings, with community pool and court amenities also available.
Where is this residential income property located?
The property is located at 4335 AMERICANA DRIVE Unit 203 Annandale, VA.
What is the asking price?
The asking price for this property is $269,995.
What are key features of this property?
This property features: 780‑square‑foot, two‑bedroom top‑floor end unit; Private balcony with wooded views; Vaulted wood ceilings with exposed beams
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