Residential Income Property with
For Sale
$215,000
5708 SHADWELL COURT Unit 101, Alexandria, VA 22309
A one-bedroom condominium features a wood-burning fireplace, separate dining area, and reserved parking.
Property Size625 SF
Price / SF$344
Days on Market86
Property Features for 5708 SHADWELL COURT Unit 101
General Information
Standard status
Active
Size
625 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,377
Amenities
fireplace
balcony
secure storage
washer/dryer
disposal
microwave
dishwasher
Building Details
Building Size
625 SF
Year Built
1988
Listing Agency:
BEYCOME BROKERAGE REALTY LLC
Listed By:
Steven Koleno · License #0225277955
(804) 656-5007
Source:
Irvinrealtyllc
Added: Aug 4
Changed: Oct 27
Last Checked: Oct 27 at 3:18AM
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 BEYCOME BROKERAGE REALTY LLC
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Investment Insights
Based on property information with market context.
This 625-square-foot condominium in the Olde Mill community includes a galley kitchen with a pass-through to the living room, a separate dining area, and one bedroom with double closets. The living room has a wood-burning fireplace and sliding doors to a balcony. The unit also includes secure storage and a reserved parking space. Built in 1988, it has upgraded carpet and newer HVAC, washer and dryer, disposal, microwave, and dishwasher.
The property overlooks Pole Road Park, with wooded views and a stream. Shopping is nearby, and the location offers access to Route 1 and the Fairfax County Parkway.
The property overlooks Pole Road Park, with wooded views and a stream. Shopping is nearby, and the location offers access to Route 1 and the Fairfax County Parkway.
Key Highlights
- 625‑square‑foot condominium built in 1988
- One bedroom with double closets
- Living room with wood‑burning fireplace and balcony access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,581
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,620
$191.6K
Cap Rate 7%
$136,871
$136.9K
Cap Rate 9%
$106,456
$106.5K
Market Conditions
NOI Build-Up for 625 SF
Gross rent
$18.4K $29.40/SF
− Vacancy
−$956 −$1.53/SF
EGI
$17.4K $27.87/SF
− OpEx
−$7.8K −$12.54/SF
NOI
$9.6K $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%
$191,620
Cap Rate 7%
$136,871
Cap Rate 9%
$106,456
Alternative Uses
Best Use
Apartment 5plus
$136.9K
$119.8K – $159.7K
NOI $9,581 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$347.1K
$303.8K – $405.0K
NOI $24,300 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
Demographics for 22309, VA
33,773
Population
13,082
Households
2.6
Avg Household Size
38
Median Age
44%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
4,503
Density / Sq Mi
$101,556
Median Household Income
$47,738
Median Earnings
$1,749
Median Rent
$539,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom condominium features a wood-burning fireplace, separate dining area, and reserved parking.
Where is this residential income property located?
The property is located at 5708 SHADWELL COURT Unit 101 Alexandria, VA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 625‑square‑foot condominium built in 1988; One bedroom with double closets; Living room with wood‑burning fireplace and balcony access
