One-Bedroom Condominium with
For Sale
$299,000
5300 COLUMBIA PIKE Unit 705, Arlington, VA 22204
Updated interiors include a separate breakfast nook and two garage parking spaces.
Property Size930 SF
Price / SF$321.51
Days on Market35
Property Features for 5300 COLUMBIA PIKE Unit 705
General Information
Standard status
Active
Size
930 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Columbia Forest
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,130
Amenities
welcoming lobby
pool with grilling area
tennis courts
fitness center
party room
billiards lounge
front desk attendant
Building Details
Building Size
930 SF
Year Built
1974
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 26 at 2:29PM
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
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Investment Insights
Based on property information with market context.
This 930-square-foot residence at Carlyle House has one bedroom, one full bath, and a powder room. The layout includes a foyer, living and dining areas, a dual-entry kitchen, and a breakfast nook. Wall-to-wall windows and sliding glass doors connect the main living space and primary suite to a multi-area balcony. Recent improvements include fresh paint, new bedroom carpeting, contemporary lighting, parquet hardwood floors, and updates to the kitchen and baths. The kitchen has shaker-style cabinets, practical countertops, a smooth-top range, and a built-in microwave. A laundry closet contains a wash tower, while the bedroom has a walk-in closet. Two garage parking spaces are included.
Carlyle House, built in 1974, offers a lobby, pool and grilling area, tennis courts, fitness center, party room, billiards lounge, and front desk attendant. The property has access to Route 7, Route 50, Glebe Road, I-395, HOV/Express Lanes, and Metro. Shopping, dining, and entertainment are nearby. The condominium complex does not allow pets.
Carlyle House, built in 1974, offers a lobby, pool and grilling area, tennis courts, fitness center, party room, billiards lounge, and front desk attendant. The property has access to Route 7, Route 50, Glebe Road, I-395, HOV/Express Lanes, and Metro. Shopping, dining, and entertainment are nearby. The condominium complex does not allow pets.
Key Highlights
- 930‑square‑foot, one‑bedroom residence with 1.5 baths
- Multi‑area balcony with access from the living area and primary suite
- Two garage parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,995
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,900
$279.9K
Cap Rate 7%
$199,929
$199.9K
Cap Rate 9%
$155,500
$155.5K
Market Conditions
NOI Build-Up for 930 SF
Gross rent
$26.8K $28.80/SF
− Vacancy
−$1.3K −$1.44/SF
EGI
$25.4K $27.36/SF
− OpEx
−$11.5K −$12.31/SF
NOI
$14.0K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,900
Cap Rate 7%
$199,929
Cap Rate 9%
$155,500
Alternative Uses
Best Use
Apartment 5plus
$199.9K
$174.9K – $233.3K
NOI $13,995 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$516.5K
$452.0K – $602.6K
NOI $36,158 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,477
Businesses Nearby
Explore this area
Business Placement
Demographics for 22204, VA
52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors include a separate breakfast nook and two garage parking spaces.
Where is this residential income property located?
The property is located at 5300 COLUMBIA PIKE Unit 705 Arlington, VA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 930‑square‑foot, one‑bedroom residence with 1.5 baths; Multi‑area balcony with access from the living area and primary suite; Two garage parking spaces
