One-Bedroom Residential
For Sale
$170,000
600 ROOSEVELT BOULEVARD Unit 103, Falls Church, VA 22044
Building amenities include laundry on each floor, voice intercom service, and secured fob access.
Property Size841 SF
Price / SF$202.14
Days on Market27
Property Features for 600 ROOSEVELT BOULEVARD Unit 103
General Information
Standard status
Active
Size
841 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,327
Amenities
laundry facilities
security system
voice intercom
secure fob entry
Building Details
Building Size
841 SF
Year Built
1964
Listing Agency:
EXP Realty, LLC
Listed By:
Damon A Nicholas · License #0225136129
(703) 283-0200
Source:
Jackrealtygroup
Added: Oct 3
Changed: Oct 27
Last Checked: Oct 26 at 4:07PM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This lower-level, one-bedroom, one-bathroom condominium at The Madison measures 841 square feet. Built in 1964, the building provides laundry facilities on every floor, a security system, voice intercom, and fob-controlled entry. Condo fees cover utilities other than internet and cable. The Madison is approved for VA and FHA financing.
The property is in Falls Church, near the East Falls Church Metro, I-66, Seven Corners shopping, restaurants, parks, and the W&OD Trail. Downtown Falls Church, Arlington’s Westover neighborhood, and Washington, DC, are also identified as accessible destinations.
The property is in Falls Church, near the East Falls Church Metro, I-66, Seven Corners shopping, restaurants, parks, and the W&OD Trail. Downtown Falls Church, Arlington’s Westover neighborhood, and Washington, DC, are also identified as accessible destinations.
Key Highlights
- 841‑square‑foot, one‑bedroom, one‑bathroom lower‑level condo
- Built in 1964 at The Madison in Falls Church
- Laundry facilities available on every floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,589
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,780
$251.8K
Cap Rate 7%
$179,843
$179.8K
Cap Rate 9%
$139,878
$139.9K
Market Conditions
NOI Build-Up for 841 SF
Gross rent
$24.2K $28.80/SF
− Vacancy
−$1.3K −$1.58/SF
EGI
$22.9K $27.22/SF
− OpEx
−$10.3K −$12.25/SF
NOI
$12.6K $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%
$251,780
Cap Rate 7%
$179,843
Cap Rate 9%
$139,878
Alternative Uses
Best Use
Apartment 5plus
$179.8K
$157.4K – $209.8K
NOI $12,589 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.53M
$3.08M – $4.11M
NOI $246,768 @ 7.0% cap · market cap 145.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
Explore this area
Business Placement
Demographics for 22044, VA
13,847
Population
5,495
Households
2.5
Avg Household Size
37
Median Age
50%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
6,594
Density / Sq Mi
$100,129
Median Household Income
$50,057
Median Earnings
$1,814
Median Rent
$711,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Building amenities include laundry on each floor, voice intercom service, and secured fob access.
Where is this residential income property located?
The property is located at 600 ROOSEVELT BOULEVARD Unit 103 Falls Church, VA.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 841‑square‑foot, one‑bedroom, one‑bathroom lower‑level condo; Built in 1964 at The Madison in Falls Church; Laundry facilities available on every floor
