One-Bedroom Residential Income
For Sale
$389,000
44691 WELLFLEET DR #202, Ashburn, VA 20147
ASHBURN, VA
Property Size810 SF
Price / SF$480.25
Days on Market57
Property Features for 44691 WELLFLEET DR #202
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1
Subdivision
ONE LOUDOUN
Elementary school district
LOUDOUN COUNTY PUBLIC SCHOOLS
Middle school district
LOUDOUN COUNTY PUBLIC SCHOOLS
High school district
LOUDOUN COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
private storage unit
rooftop terrace
outdoor pool
meeting room
basketball court
volleyball court
tennis court
dog park
trails
soccer fields
The Barn
Building Details
Year built
2020
Listing Agency:
Leesburg
(703) 777-2900
Listed By:
Erica M Thompson
(703) 732-6968
Added: Aug 15
Changed: Aug 19
Last Checked: Oct 10 at 10:06AM
MLS# VALO2134046
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 810-square-foot condominium, built in 2020, offers one bedroom and one bathroom within an open-concept layout. High ceilings, engineered plank hardwood flooring, and oversized Anderson windows with custom shades define the interior. The kitchen includes stainless steel appliances, sleek cabinetry, substantial storage, and a large center island. The bedroom has a walk-in closet, while the bathroom features a soaking tub and shower, dual-sink vanity, and built-in cabinetry. A private storage unit and one assigned space in the covered garage are included.
Residents have access to a rooftop terrace with a fireplace and grill, along with One Loudoun community amenities including an outdoor pool, meeting room, basketball, volleyball, and tennis courts, a dog park, trails, and soccer fields. The property is located at 44691 Wellfleet Dr #202 in Ashburn, Virginia, across from One Loudoun’s restaurants, retail, entertainment, fitness, and weekly farmers market. Route 28 and Route 7 are nearby for regional access.
Residents have access to a rooftop terrace with a fireplace and grill, along with One Loudoun community amenities including an outdoor pool, meeting room, basketball, volleyball, and tennis courts, a dog park, trails, and soccer fields. The property is located at 44691 Wellfleet Dr #202 in Ashburn, Virginia, across from One Loudoun’s restaurants, retail, entertainment, fitness, and weekly farmers market. Route 28 and Route 7 are nearby for regional access.
Key Highlights
- 810‑square‑foot, one‑bedroom, one‑bathroom condominium built in 2020
- Open‑concept interior with high ceilings and engineered plank hardwood flooring
- Kitchen with stainless steel appliances, center island, cabinetry, and generous storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,633
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,660
$252.7K
Cap Rate 7%
$180,471
$180.5K
Cap Rate 9%
$140,367
$140.4K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$24.6K $30.36/SF
− Vacancy
−$1.6K −$2.00/SF
EGI
$23.0K $28.36/SF
− OpEx
−$10.3K −$12.76/SF
NOI
$12.6K $15.60/SF
Area
Loudoun County, VA
Vacancy
6.60%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,660
Cap Rate 7%
$180,471
Cap Rate 9%
$140,367
Alternative Uses
Best Use
Apartment 5plus
$180.5K
$157.9K – $210.6K
NOI $12,633 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$253.8K
$222.1K – $296.2K
NOI $17,769 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Explore this area
Business Placement
Demographics for 20147, VA
66,394
Population
25,474
Households
2.6
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
19.8 sq mi
ZIP Area
3,353
Density / Sq Mi
$161,356
Median Household Income
$83,880
Median Earnings
$2,394
Median Rent
$679,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Light-filled condominium with open living areas, contemporary finishes, private storage, and covered garage parking.
Where is this residential income property located?
The property is located at 44691 WELLFLEET DR #202 Ashburn, VA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 810‑square‑foot, one‑bedroom, one‑bathroom condominium built in 2020; Open‑concept interior with high ceilings and engineered plank hardwood flooring; Kitchen with stainless steel appliances, center island, cabinetry, and generous storage
