Renovated 2-Bedroom
For Sale
$379,900
6101 EDSALL ROAD Unit 602, Alexandria, VA 22304
A private balcony, in-unit laundry, and deeded parking complement the renovated interior and extensive resident amenities.
Property Size1,405 SF
Price / SF$270.39
Days on Market24
Property Features for 6101 EDSALL ROAD Unit 602
General Information
Standard status
Active
Size
1,405 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,096
Amenities
swimming pool
fitness center
tennis courts
billiards room
party room
pet area
secure app-based building access
in-unit laundry
private balcony
Building Details
Building Size
1,405 SF
Year Built
1975
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Ashley Brooks
(240) 602-5346
Source:
Mxwrealestate
Added: Oct 9
Changed: Oct 31
Last Checked: Oct 31 at 3:03AM
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.
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Investment Insights
Based on property information with market context.
This renovated condominium offers two bedrooms and two baths across 1,405 square feet. Quartz countertops, stainless steel appliances, custom tile, and abundant cabinetry define the kitchen, while wide-plank flooring connects the open living and dining areas. The primary suite has a custom walk-in closet and dual vanities; the second bedroom can also serve as a home office. A private balcony, in-unit laundry, and deeded parking are included.
Building amenities include a swimming pool, fitness center, tennis courts, billiards room, party room, and pet area, with secure app-based access. All utilities are included in the condo fee. The community modernization program includes structural bearing-wall work nearing completion, followed by planned elevator replacement and residential hallway renovations.
Building amenities include a swimming pool, fitness center, tennis courts, billiards room, party room, and pet area, with secure app-based access. All utilities are included in the condo fee. The community modernization program includes structural bearing-wall work nearing completion, followed by planned elevator replacement and residential hallway renovations.
Key Highlights
- Two bedrooms and two baths in 1,405 square feet
- Renovated kitchen with quartz countertops, stainless steel appliances, custom tile backsplash, and abundant cabinetry
- Private balcony, in‑unit laundry, and deeded parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,537
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,740
$430.7K
Cap Rate 7%
$307,671
$307.7K
Cap Rate 9%
$239,300
$239.3K
Market Conditions
NOI Build-Up for 1,405 SF
Gross rent
$41.3K $29.40/SF
− Vacancy
−$2.1K −$1.53/SF
EGI
$39.2K $27.87/SF
− OpEx
−$17.6K −$12.54/SF
NOI
$21.5K $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%
$430,740
Cap Rate 7%
$307,671
Cap Rate 9%
$239,300
Alternative Uses
Best Use
Apartment 5plus
$307.7K
$269.2K – $359.0K
NOI $21,537 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$780.4K
$682.8K – $910.4K
NOI $54,626 @ 7.0% cap · market cap 14.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,307
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 - A private balcony, in-unit laundry, and deeded parking complement the renovated interior and extensive resident amenities.
Where is this residential income property located?
The property is located at 6101 EDSALL ROAD Unit 602 Alexandria, VA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two bedrooms and two baths in 1,405 square feet; Renovated kitchen with quartz countertops, stainless steel appliances, custom tile backsplash, and abundant cabinetry; Private balcony, in‑unit laundry, and deeded parking space
