Residential Income Property with
For Sale
$386,000
5900 KINGSFORD ROAD Unit C, Springfield, VA 22152
One-level condominium features updated appliances, fresh interior finishes, and in-unit laundry.
Property Size1,270 SF
Days on Market47
Property Features for 5900 KINGSFORD ROAD Unit C
General Information
Standard status
Active
Size
1,270 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,086
Amenities
ceiling fans
swimming pools
tennis courts
walking trails
Building Details
Building Size
1,270 SF
Year Built
1968
Listing Agency:
Weichert, REALTORS
Listed By:
Mekdes T Yifru · License #0225224083
(240) 423-7509
Source:
Dcmetrorealtyteam
Added: Aug 21
Changed: Oct 3
Last Checked: Oct 5 at 10:45PM
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 Weichert, REALTORS
Investment Insights
Based on property information with market context.
This one-level condominium offers a three-bedroom, two-bathroom layout with a comfortable living area, primary suite, two additional bedrooms, and a private balcony facing a wooded setting. Fresh paint and updated carpeting were completed in 2024. The kitchen includes stainless steel appliances, with the microwave, refrigerator, and dishwasher installed in 2024. An in-unit ventless LG washer and dryer add everyday convenience.
Cardinal Forest provides residents with access to two swimming pools, tennis courts, walking trails, and maintained common areas. The condominium fee includes water and gas. A Metrobus stop is approximately 0.1 miles away, with Express Bus service to the Pentagon. I-495, I-395, and Braddock Road are also nearby, along with shopping, dining, parks, and schools.
Cardinal Forest provides residents with access to two swimming pools, tennis courts, walking trails, and maintained common areas. The condominium fee includes water and gas. A Metrobus stop is approximately 0.1 miles away, with Express Bus service to the Pentagon. I-495, I-395, and Braddock Road are also nearby, along with shopping, dining, parks, and schools.
Key Highlights
- Three‑bedroom, two‑bathroom condominium with one‑level living
- Private balcony overlooks a wooded setting
- Fresh paint and updated carpeting completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,010
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,200
$380.2K
Cap Rate 7%
$271,571
$271.6K
Cap Rate 9%
$211,222
$211.2K
Market Conditions
NOI Build-Up for 1,270 SF
Gross rent
$36.6K $28.80/SF
− Vacancy
−$2.0K −$1.58/SF
EGI
$34.6K $27.22/SF
− OpEx
−$15.6K −$12.25/SF
NOI
$19.0K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,200
Cap Rate 7%
$271,571
Cap Rate 9%
$211,222
Alternative Uses
Best Use
Apartment 5plus
$271.6K
$237.6K – $316.8K
NOI $19,010 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.32M
$4.66M – $6.21M
NOI $372,647 @ 7.0% cap · market cap 96.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
Demographics for 22152, VA
29,843
Population
9,779
Households
3.1
Avg Household Size
40
Median Age
64%
College-Educated
94%
High-School Grad
6.0 sq mi
ZIP Area
4,974
Density / Sq Mi
$159,557
Median Household Income
$73,552
Median Earnings
$2,495
Median Rent
$620,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - One-level condominium features updated appliances, fresh interior finishes, and in-unit laundry.
Where is this residential income property located?
The property is located at 5900 KINGSFORD ROAD Unit C Springfield, VA.
What is the asking price?
The asking price for this property is $386,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom condominium with one‑level living; Private balcony overlooks a wooded setting; Fresh paint and updated carpeting completed in 2024
