One-Bedroom Residential Income
For Sale
$330,000
512 SUNSET VIEW TERRACE SE #204, Leesburg, VA 20175
Updated condo with a private balcony, in-unit laundry, and convenient access to shopping, dining, parks, and regional routes.
Property Size804 SF
Days on Market22
Property Features for 512 SUNSET VIEW TERRACE SE #204
General Information
Standard status
Active
Size
804 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
hardwood floors
crown molding
arched doorways
private balcony
white cabinetry
granite countertops
stainless steel appliances
breakfast bar
walk-in closet
ceiling fan
in-unit laundry
Building Details
Building Size
804 SF
Year Built
2005
Listing Agency:
Samson Properties
Listed By:
Saad Jamil · License #0225207648
(703) 378-8810
Source:
Kdrealtygroup.kw
Added: Aug 21
Changed: Sep 7
Last Checked: Sep 11 at 4:28AM
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 Samson Properties
Investment Insights
Based on property information with market context.
This 1-bedroom, 1-bath condominium in the Stratford Club community offers an open interior with hardwood flooring, crown molding, arched openings, and abundant natural light. The kitchen combines white cabinetry, granite surfaces, stainless steel appliances, a breakfast bar, and substantial storage. Additional features include a private balcony, in-unit laundry room, walk-in closet, and a full bathroom with a large cabinet-equipped vanity. New carpet, fresh paint, professional cleaning, and a new HVAC system installed in 2025 contribute to the recent updates. The HVAC includes a 10-year transferable warranty.
The property is in Leesburg near Village at Leesburg, Leesburg Premium Outlets, Downtown Leesburg, shopping, restaurants, entertainment, parks, and trails. Route 7, Route 15, and the Dulles Greenway provide access across Leesburg and Northern Virginia. Built in 2005, the condominium combines a practical one-bedroom layout with community-oriented surroundings.
The property is in Leesburg near Village at Leesburg, Leesburg Premium Outlets, Downtown Leesburg, shopping, restaurants, entertainment, parks, and trails. Route 7, Route 15, and the Dulles Greenway provide access across Leesburg and Northern Virginia. Built in 2005, the condominium combines a practical one-bedroom layout with community-oriented surroundings.
Key Highlights
- 1‑bedroom, 1‑bath condominium in the Stratford Club community
- New HVAC installed in 2025 with a 10‑year transferable warranty
- Private balcony overlooking landscaped community grounds
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,539
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$250,780
$250.8K
Cap Rate 7%
$179,129
$179.1K
Cap Rate 9%
$139,322
$139.3K
Market Conditions
NOI Build-Up for 804 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$24.4K $30.36/SF
− Vacancy
−$1.6K −$2.00/SF
EGI
$22.8K $28.36/SF
− OpEx
−$10.3K −$12.76/SF
NOI
$12.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$250,780
Cap Rate 7%
$179,129
Cap Rate 9%
$139,322
Alternative Uses
Best Use
Apartment 5plus
$179.1K
$156.7K – $209.0K
NOI $12,539 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$252.0K
$220.5K – $294.0K
NOI $17,638 @ 7.0% cap · market cap 5.34%
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
235
Businesses Nearby
Explore this area
Business Placement
Demographics for 20175, VA
33,245
Population
12,695
Households
2.6
Avg Household Size
38
Median Age
64%
College-Educated
94%
High-School Grad
59.0 sq mi
ZIP Area
563
Density / Sq Mi
$168,035
Median Household Income
$80,588
Median Earnings
$2,039
Median Rent
$717,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated condo with a private balcony, in-unit laundry, and convenient access to shopping, dining, parks, and regional routes.
Where is this residential income property located?
The property is located at 512 SUNSET VIEW TERRACE SE #204 Leesburg, VA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bath condominium in the Stratford Club community; New HVAC installed in 2025 with a 10‑year transferable warranty; Private balcony overlooking landscaped community grounds
