One-Bedroom
For Sale
$249,900
5911 PRINCE JAMES DRIVE Unit D, Springfield, VA 22152
Updated condominium with community pools, tennis courts, playgrounds, walking trails, and abundant parking.
Property Size691 SF
Price / SF$361.65
Days on Market10
Property Features for 5911 PRINCE JAMES DRIVE Unit D
General Information
Standard status
Active
Size
691 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
outdoor swimming pools
tennis courts
playgrounds
walking trails
Building Details
Building Size
691 SF
Year Built
1968
Listing Agency:
Compass
(703) 989-3344
Listed By:
Alasgar Farhadov · License #0225088197
(703) 989-3344
Source:
Dcmetrorealtyteam
Added: Jul 24
Changed: Jul 31
Last Checked: Aug 1 at 10:37AM
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
Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium offers 691 square feet of living space with fresh paint and new flooring throughout. The layout includes a living and dining area, a generously sized bedroom, and additional storage. Recent improvements include a replaced HVAC unit, new light fixtures, new faucets, and a new refrigerator. Built in 1968, the unit is located in the Cardinal Forest community.
Community amenities include outdoor swimming pools, tennis courts, playgrounds, walking trails, and abundant parking. The property is near shopping, dining, commuter routes, public transportation, and Lake Accotink Park and trail. Nearby grocery options include Giant, Trader Joe’s, and Aldi, along with other cafes and shops.
Community amenities include outdoor swimming pools, tennis courts, playgrounds, walking trails, and abundant parking. The property is near shopping, dining, commuter routes, public transportation, and Lake Accotink Park and trail. Nearby grocery options include Giant, Trader Joe’s, and Aldi, along with other cafes and shops.
Key Highlights
- One‑bedroom, one‑bath condominium with 691 square feet
- Fresh paint and new flooring throughout
- Recently replaced HVAC unit, new light fixtures, faucets, and refrigerator
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.9k | $28.80 |
| − Vacancy | −$1.1k | −$1.58 |
| EGI | $18.8k | $27.22 |
| − OpEx | −$8.5k | −$12.25 |
| NOI | $10.3k | $14.97 |
691 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$147.8K
$129.3K – $172.4K
NOI $10,343 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.90M
$2.53M – $3.38M
NOI $202,755 @ 7.0% cap · market cap 81.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
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 - Updated condominium with community pools, tennis courts, playgrounds, walking trails, and abundant parking.
Where is this residential income property located?
The property is located at 5911 PRINCE JAMES DRIVE Unit D Springfield, VA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium with 691 square feet; Fresh paint and new flooring throughout; Recently replaced HVAC unit, new light fixtures, faucets, and refrigerator
