Top-Floor Residential Income
For Sale
$349,000
5901 KINGSFORD ROAD Unit 442, Springfield, VA 22152
Corner residence with updated finishes, private outdoor space, assigned parking, and access to community amenities.
Property Size1,270 SF
Days on Market37
Property Features for 5901 KINGSFORD ROAD Unit 442
General Information
Standard status
Active
Size
1,270 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,086
Amenities
private balcony
outdoor swimming pool
tennis courts
playgrounds
Building Details
Building Size
1,270 SF
Year Built
1968
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Dena Leonard · License #0225219419
(202) 744-6023
Source:
Dcmetrorealtyteam
Added: Aug 31
Changed: Oct 3
Last Checked: Oct 5 at 11:19PM
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.
Investment Insights
Based on property information with market context.
This top-level corner residential income property offers a three-bedroom, two-bath layout with a broad living area, ample bedroom storage, and a private balcony facing greenery. The kitchen includes newer appliances and is offered as-is, allowing for future customization. Fresh paint and new carpet were completed in 2026, while the HVAC dates to 2022 and the HWH to 2008.
The property includes an assigned parking space positioned near the building. Cardinal Forest amenities include an outdoor swimming pool, tennis courts, and playgrounds. A nearby bus stop provides local transit access, with Franconia-Springfield Metro, Fairfax County Parkway, and the VRE also accessible from the property. Shops, neighborhood eateries, and restaurants are located a short ride away.
The property includes an assigned parking space positioned near the building. Cardinal Forest amenities include an outdoor swimming pool, tennis courts, and playgrounds. A nearby bus stop provides local transit access, with Franconia-Springfield Metro, Fairfax County Parkway, and the VRE also accessible from the property. Shops, neighborhood eateries, and restaurants are located a short ride away.
Key Highlights
- 3BR/2BA top‑floor corner unit
- Fresh paint and new carpet completed in 2026
- HVAC installed in 2022; HWH dates to 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,010
Cap Rate
5.45%
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 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.32M
$4.66M – $6.21M
NOI $372,647 @ 7.0% cap · market cap 106.78%
Zoning and permitted uses should be independently verified with authorities.
Property 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Corner residence with updated finishes, private outdoor space, assigned parking, and access to community amenities.
Where is this residential income property located?
The property is located at 5901 KINGSFORD ROAD Unit 442 Springfield, VA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 3BR/2BA top‑floor corner unit; Fresh paint and new carpet completed in 2026; HVAC installed in 2022; HWH dates to 2008
