Residential Income Property with
For Sale
$540,000
6339 EAGLE RIDGE LANE Unit 51, Alexandria, VA 22312
Townhouse-style condominium with an open main level, private deck, community pool, and attached garage.
Property Size1,730 SF
Days on Market104
Property Features for 6339 EAGLE RIDGE LANE Unit 51
General Information
Standard status
Active
Size
1,730 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$6,153
Building Details
Building Size
1,730 SF
Year Built
1999
Listing Agency:
Samson Properties
Listed By:
Christopher M Chambers · License #SP98373958
(301) 775-4710
Source:
Dcmetrorealtyteam
Added: Jun 25
Changed: Oct 3
Last Checked: Oct 5 at 10:24PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This townhouse-style condominium offers 1,730 square feet of living space with two bedrooms, two full bathrooms, and one half bathroom. The main level combines living and dining areas with a kitchen finished with granite counters, stainless appliances, custom tile flooring, and a bar-height counter. An adjoining entertaining area includes a gas fireplace and access to a composite deck. The upper level features a primary suite with a walk-in closet and a bathroom with separate shower and tub, along with a second bedroom offering an en suite bathroom. Laundry, the HVAC system, and water heater are located on the bedroom level.
The residence includes an attached one-car garage, one unreserved parking space near the entrance, and nearby visitor parking. Additional features include a Carrier HVAC unit installed in June 2020, a custom Andersen slider door, vinyl-clad double-hung windows, upgraded fixtures, and LED recessed lighting. The community pool is approximately a three-minute walk from the residence.
The residence includes an attached one-car garage, one unreserved parking space near the entrance, and nearby visitor parking. Additional features include a Carrier HVAC unit installed in June 2020, a custom Andersen slider door, vinyl-clad double-hung windows, upgraded fixtures, and LED recessed lighting. The community pool is approximately a three-minute walk from the residence.
Key Highlights
- 2 bedrooms, 2 full bathrooms, and 1 half bathroom
- 1,730 square feet with townhouse‑style condominium layout
- Attached 1‑car garage plus an unreserved parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,519
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,380
$530.4K
Cap Rate 7%
$378,843
$378.8K
Cap Rate 9%
$294,656
$294.7K
Market Conditions
NOI Build-Up for 1,730 SF
Gross rent
$50.9K $29.40/SF
− Vacancy
−$2.6K −$1.53/SF
EGI
$48.2K $27.87/SF
− OpEx
−$21.7K −$12.54/SF
NOI
$26.5K $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%
$530,380
Cap Rate 7%
$378,843
Cap Rate 9%
$294,656
Alternative Uses
Best Use
Apartment 5plus
$378.8K
$331.5K – $442.0K
NOI $26,519 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$960.9K
$840.8K – $1.12M
NOI $67,262 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 22312, VA
30,447
Population
11,191
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
5,970
Density / Sq Mi
$105,044
Median Household Income
$53,471
Median Earnings
$2,009
Median Rent
$593,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Townhouse-style condominium with an open main level, private deck, community pool, and attached garage.
Where is this residential income property located?
The property is located at 6339 EAGLE RIDGE LANE Unit 51 Alexandria, VA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2 bedrooms, 2 full bathrooms, and 1 half bathroom; 1,730 square feet with townhouse‑style condominium layout; Attached 1‑car garage plus an unreserved parking space
