One-Bedroom
5900 SURREY HILL PLACE Unit C, Springfield, VA 22152
For Sale
$210,000
The unit includes a dedicated dining area and access to shared recreation amenities, including a pool and tennis courts.
Property Size676 SF
Price / SF$310.65
Days on Market13
Property Features for 5900 SURREY HILL PLACE Unit C
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
community center
outdoor pool
recreational center
tennis courts
playgrounds
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Peter Bixby · License #0225203005
(703) 618-5752
Source:
Dcmetrorealtyteam
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 1:50PM
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 Compass
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Investment Insights
Based on property information with market context.
Built in 1968, this 676-square-foot condominium has one bedroom, one bathroom, and a separate dining area. The kitchen is fitted with a microwave, dishwasher, electric oven and range, refrigerator, and disposal. One assigned parking space comes with the unit, with additional guest parking behind the building.
Within Cardinal Forest, residents can use a community center, recreation center, outdoor pool, tennis courts, and playgrounds. The association fee includes water and maintenance of common areas. Nearby parks and schools, along with access to major transportation routes, serve the surrounding area.
Within Cardinal Forest, residents can use a community center, recreation center, outdoor pool, tennis courts, and playgrounds. The association fee includes water and maintenance of common areas. Nearby parks and schools, along with access to major transportation routes, serve the surrounding area.
Key Highlights
- 676‑square‑foot condominium with one bedroom and one bathroom
- Separate dining area and kitchen with microwave, dishwasher, electric oven/range, refrigerator, and disposal
- One assigned parking space, plus guest parking behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,119
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,380
$202.4K
Cap Rate 7%
$144,557
$144.6K
Cap Rate 9%
$112,433
$112.4K
Market Conditions
NOI Build-Up for 676 SF
Gross rent
$19.5K $28.80/SF
− Vacancy
−$1.1K −$1.58/SF
EGI
$18.4K $27.22/SF
− OpEx
−$8.3K −$12.25/SF
NOI
$10.1K $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%
$202,380
Cap Rate 7%
$144,557
Cap Rate 9%
$112,433
Alternative Uses
Best Use
Apartment 5plus
$144.6K
$126.5K – $168.7K
NOI $10,119 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$375.5K
$328.5K – $438.1K
NOI $26,283 @ 7.0% cap · market cap 12.52%
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
117
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
Frequently Asked Questions
What type of property is this?
Residential income property - The unit includes a dedicated dining area and access to shared recreation amenities, including a pool and tennis courts.
Where is this residential income property located?
The property is located at 5900 SURREY HILL PLACE Unit C Springfield, VA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 676‑square‑foot condominium with one bedroom and one bathroom; Separate dining area and kitchen with microwave, dishwasher, electric oven/range, refrigerator, and disposal; One assigned parking space, plus guest parking behind the building
