Two-Bedroom Residential Income
New
For Sale
$549,950
5701 CALLCOTT WAY, Alexandria, VA 22312
A multi-level condo combines an open loft, private balcony, and attached garage.
Property Size1,668 SF
Days on Market7
Property Features for 5701 CALLCOTT WAY
General Information
Standard status
Active
Size
1,668 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,747
Building Details
Building Size
1,668 SF
Year Built
2007
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Cynthia Schneider · License #0225136582
(703) 822-0207
Source:
Dcmetrorealtyteam
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 24 at 10:18PM
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 Long & Foster Real Estate, Inc.
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.
Built in 2007, this two-bedroom contemporary condo has an open main level with hardwood flooring, detailed moldings, and a kitchen with granite counters, stainless steel appliances, and an extended breakfast bar. The upper level includes two bedrooms, a flexible loft, and a primary suite with two walk-in closets and a bay window. French doors connect the loft to a private balcony, and the home also includes a garage.
The property is in Alexandria, Virginia, near commuter routes, shopping, and restaurants, with Shirlington and Washington, DC, a short drive away.
The property is in Alexandria, Virginia, near commuter routes, shopping, and restaurants, with Shirlington and Washington, DC, a short drive away.
Key Highlights
- Two‑bedroom condo with an open loft and private balcony
- Primary suite includes two walk‑in closets and a bay window
- Granite kitchen counters, stainless steel appliances, and extended breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,569
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,380
$511.4K
Cap Rate 7%
$365,271
$365.3K
Cap Rate 9%
$284,100
$284.1K
Market Conditions
NOI Build-Up for 1,668 SF
Gross rent
$49.0K $29.40/SF
− Vacancy
−$2.6K −$1.53/SF
EGI
$46.5K $27.87/SF
− OpEx
−$20.9K −$12.54/SF
NOI
$25.6K $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%
$511,380
Cap Rate 7%
$365,271
Cap Rate 9%
$284,100
Alternative Uses
Best Use
Apartment 5plus
$365.3K
$319.6K – $426.2K
NOI $25,569 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$926.5K
$810.7K – $1.08M
NOI $64,852 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
Explore this area
Business Placement
Demographics for 22312, VA
30,447
Population
11,191
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
5,970
Density / Sq Mi
$105,044
Median Household Income
$53,471
Median Earnings
$2,009
Median Rent
$593,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A multi-level condo combines an open loft, private balcony, and attached garage.
Where is this residential income property located?
The property is located at 5701 CALLCOTT WAY Alexandria, VA.
What is the asking price?
The asking price for this property is $549,950.
What are key features of this property?
This property features: Two‑bedroom condo with an open loft and private balcony; Primary suite includes two walk‑in closets and a bay window; Granite kitchen counters, stainless steel appliances, and extended breakfast bar
