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Condominium with Private Balcony
New
For Sale
$340,000

6101 EDSALL ROAD Unit 912, Alexandria, VA 22304

The residence includes in-unit laundry, a wet bar, assigned parking, and access to shared recreation and fitness amenities.

Property Size1,405 SF
Days on Market3

Property Features for 6101 EDSALL ROAD Unit 912

General Information

Standard status Active
Size 1,405 SF
Total Parking Spaces 1
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Landmark/Van Dorn
Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,357

Amenities

tennis court
exercise rooms
party room
library
pool
saunas
24-hour security
in-unit laundry
wet bar
balcony

Building Details

Building Size 1,405 SF
Year Built 1975
Listing Agency: RE/MAX Allegiance
Listed By: Harris M Weingrad · License #0225210380
Source: Dcmetrorealtyteam
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 25 at 2:46AM

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 Allegiance

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Investment Insights

Based on property information with market context.

Located on the ninth floor, this two-bedroom, two-bathroom condominium offers over 1,400 square feet of living space and a 40-foot balcony. Interior features include in-unit laundry, a wet bar, and multiple closets. The building was constructed in 1975 and provides an assigned parking space, tennis court, exercise rooms, pool, saunas, party room, library, and 24-hour security.

Van Dorn Metro Station, VRE, I-395, I-495, and DCA are described as minutes away. The special assessment has been paid.

Key Highlights

  • Two bedrooms and two bathrooms across over 1,400 Sq Ft
  • 40' balcony on the 9th floor
  • In‑unit laundry and wet bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,537
Cap Rate
6.33%
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 (±1% cap)
NOI $21,537 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$780.4K
$682.8K – $910.4K (±1% cap)
NOI $54,626 @ 7.0% cap · market cap 16.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,307
Businesses Nearby

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 residence includes in-unit laundry, a wet bar, assigned parking, and access to shared recreation and fitness amenities.
Where is this residential income property located?
The property is located at 6101 EDSALL ROAD Unit 912 Alexandria, VA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms across over 1,400 Sq Ft; 40' balcony on the 9th floor; In‑unit laundry and wet bar
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