Condominium with Private
New
For Sale
$224,777
5911 EDSALL ROAD Unit 608, Alexandria, VA 22304
The updated kitchen, in-unit laundry, and included garage space add practical convenience to this residence.
Property Size783 SF
Days on Market3
Property Features for 5911 EDSALL ROAD Unit 608
General Information
Standard status
Active
Size
783 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$2,691
Building Details
Building Size
783 SF
Year Built
1978
Listing Agency:
Samson Properties
Listed By:
Anastasia Roze · License #0225220061
(703) 859-0481
Source:
Dcmetrorealtyteam
Added: Oct 4
Changed: Oct 6
Last Checked: Oct 6 at 2:49AM
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 Samson Properties
Investment Insights
Based on property information with market context.
This one-bedroom condominium features a private balcony and an updated kitchen with stainless steel appliances, granite countertops, and upgraded cabinetry. New neutral carpeting and an in-unit washer and dryer are also included. One garage space, identified as #23, conveys with the unit, with visitor parking available as well.
Residents have access to a community pool, fitness center, concierge service, and elevators. The property is on a bus line serving Metro and shops. The condo fee includes most utilities.
Residents have access to a community pool, fitness center, concierge service, and elevators. The property is on a bus line serving Metro and shops. The condo fee includes most utilities.
Key Highlights
- One‑bedroom condominium with a private balcony
- Updated kitchen with stainless steel appliances, granite countertops, and upgraded cabinetry
- In‑unit washer and dryer; new neutral carpeting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,003
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,060
$240.1K
Cap Rate 7%
$171,471
$171.5K
Cap Rate 9%
$133,367
$133.4K
Market Conditions
NOI Build-Up for 783 SF
Gross rent
$23.0K $29.40/SF
− Vacancy
−$1.2K −$1.53/SF
EGI
$21.8K $27.87/SF
− OpEx
−$9.8K −$12.54/SF
NOI
$12.0K $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%
$240,060
Cap Rate 7%
$171,471
Cap Rate 9%
$133,367
Alternative Uses
Best Use
Apartment 5plus
$171.5K
$150.0K – $200.1K
NOI $12,003 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$434.9K
$380.5K – $507.4K
NOI $30,443 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,495
Businesses Nearby
Explore this area
Business Placement
Demographics for 22304, VA
49,237
Population
24,654
Households
2
Avg Household Size
37
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
10,258
Density / Sq Mi
$97,629
Median Household Income
$64,929
Median Earnings
$1,934
Median Rent
$496,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The updated kitchen, in-unit laundry, and included garage space add practical convenience to this residence.
Where is this residential income property located?
The property is located at 5911 EDSALL ROAD Unit 608 Alexandria, VA.
What is the asking price?
The asking price for this property is $224,777.
What are key features of this property?
This property features: One‑bedroom condominium with a private balcony; Updated kitchen with stainless steel appliances, granite countertops, and upgraded cabinetry; In‑unit washer and dryer; new neutral carpeting
