Two-Bedroom Residential Income
For Sale
$399,900
6101 EDSALL ROAD Unit 1107, Alexandria, VA 22304
The condo pairs a flexible open living area with a full-length private balcony and covered garage parking.
Property Size1,408 SF
Price / SF$284.02
Days on Market68
Property Features for 6101 EDSALL ROAD Unit 1107
General Information
Standard status
Active
Size
1,408 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Taxes and HOA fees
Annual Taxes
$4,029
Building Details
Building Size
1,408 SF
Year Built
1975
Listing Agency:
RE/MAX Galaxy
Listed By:
Shoukoufa Aboubakri · License #0225231001
(703) 307-0889
Source:
Mxwrealestate
Added: Aug 25
Changed: Oct 30
Last Checked: Oct 30 at 1:44AM
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 RE/MAX Galaxy
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Investment Insights
Based on property information with market context.
This 1,408-square-foot condominium has two bedrooms and two bathrooms, with an open connection between the kitchen, dining area, and living room. A private 40-foot balcony spans the unit and is accessible from the living room and both bedrooms. The primary suite has a private bathroom and storage, and one covered garage parking space is included. Built in 1975, the residence is in Alexandria Knolls West. The condo fee covers utilities other than internet and cable.
Van Dorn Street Metro and its bus station are approximately 1.2 miles away. The property also has access to I-395, I-95, and I-495. Reagan National Airport and the Pentagon are about 15 minutes away by the stated travel estimate; Old Town Alexandria and Georgetown are about 20 minutes away. Bren Mar Park is a short distance from the building.
Van Dorn Street Metro and its bus station are approximately 1.2 miles away. The property also has access to I-395, I-95, and I-495. Reagan National Airport and the Pentagon are about 15 minutes away by the stated travel estimate; Old Town Alexandria and Georgetown are about 20 minutes away. Bren Mar Park is a short distance from the building.
Key Highlights
- Two bedrooms and two bathrooms in 1,408 square feet
- Private 40‑foot balcony with access from the living room and both bedrooms
- One covered garage parking space conveys
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,583
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,660
$431.7K
Cap Rate 7%
$308,329
$308.3K
Cap Rate 9%
$239,811
$239.8K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$41.4K $29.40/SF
− Vacancy
−$2.2K −$1.53/SF
EGI
$39.2K $27.87/SF
− OpEx
−$17.7K −$12.54/SF
NOI
$21.6K $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%
$431,660
Cap Rate 7%
$308,329
Cap Rate 9%
$239,811
Alternative Uses
Best Use
Apartment 5plus
$308.3K
$269.8K – $359.7K
NOI $21,583 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$782.0K
$684.3K – $912.4K
NOI $54,743 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
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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 condo pairs a flexible open living area with a full-length private balcony and covered garage parking.
Where is this residential income property located?
The property is located at 6101 EDSALL ROAD Unit 1107 Alexandria, VA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 1,408 square feet; Private 40‑foot balcony with access from the living room and both bedrooms; One covered garage parking space conveys
