Two-Bedroom Residential
For Sale
$424,999
4551 STRUTFIELD LANE Unit 4128, Alexandria, VA 22311
An in-unit den, two covered garage spaces, private storage, and community recreation facilities add flexibility and convenience.
Property Size1,160 SF
Price / SF$366.38
Days on Market98
Property Features for 4551 STRUTFIELD LANE Unit 4128
General Information
Standard status
Active
Size
1,160 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Alexandria West
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,970
Amenities
swimming pool
fitness center
meeting/party room
Building Details
Building Size
1,160 SF
Year Built
2000
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 23
Changed: Oct 27
Last Checked: Oct 26 at 3:02PM
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 Jack Realty Group
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 1,160-square-foot condominium was built in 2000 and has two bedrooms, two full bathrooms, and a separate den. Recent interior work includes fresh paint and new flooring. The living and dining areas share an open layout, while the kitchen has wood cabinetry, stainless steel appliances, and substantial storage. Both bedrooms have direct access to a full bathroom. The unit also includes a washer and dryer, a private patio facing the central courtyard, two assigned covered garage spaces, and a 9' x 9' storage unit.
Shared amenities include a swimming pool, fitness center, and meeting and party room. The property is near King Street and I-395, with Metro and DASH bus stops nearby. Washington, DC, the Pentagon, Old Town Alexandria, Reagan National Airport, and Arlington are among the stated destinations accessible from the area.
Shared amenities include a swimming pool, fitness center, and meeting and party room. The property is near King Street and I-395, with Metro and DASH bus stops nearby. Washington, DC, the Pentagon, Old Town Alexandria, Reagan National Airport, and Arlington are among the stated destinations accessible from the area.
Key Highlights
- Two bedrooms, two full bathrooms, and a den in 1,160 square feet
- Two assigned covered garage parking spaces
- Private 9' x 9' storage unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,782
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,640
$355.6K
Cap Rate 7%
$254,029
$254.0K
Cap Rate 9%
$197,578
$197.6K
Market Conditions
NOI Build-Up for 1,160 SF
Gross rent
$34.1K $29.40/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$32.3K $27.87/SF
− OpEx
−$14.5K −$12.54/SF
NOI
$17.8K $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%
$355,640
Cap Rate 7%
$254,029
Cap Rate 9%
$197,578
Alternative Uses
Best Use
Apartment 5plus
$254.0K
$222.3K – $296.4K
NOI $17,782 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$644.3K
$563.8K – $751.7K
NOI $45,101 @ 7.0% cap · market cap 10.61%
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
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 22311, VA
19,934
Population
9,129
Households
2.2
Avg Household Size
34
Median Age
47%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
13,289
Density / Sq Mi
$84,759
Median Household Income
$51,504
Median Earnings
$1,909
Median Rent
$691,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - An in-unit den, two covered garage spaces, private storage, and community recreation facilities add flexibility and convenience.
Where is this residential income property located?
The property is located at 4551 STRUTFIELD LANE Unit 4128 Alexandria, VA.
What is the asking price?
The asking price for this property is $424,999.
What are key features of this property?
This property features: Two bedrooms, two full bathrooms, and a den in 1,160 square feet; Two assigned covered garage parking spaces; Private 9' x 9' storage unit
