Renovated
New
For Sale
$200,000
6641 WAKEFIELD DRIVE Unit 619, Alexandria, VA 22307
Monthly condo fees cover all utilities, alongside access to a community pool, tennis courts, and walking paths.
Property Size714 SF
Days on Market4
Property Features for 6641 WAKEFIELD DRIVE Unit 619
General Information
Standard status
Active
Size
714 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,241
Amenities
maintained green space
tennis courts
community pool
tot lots
walking paths
Building Details
Building Size
714 SF
Year Built
1963
Listing Agency:
Samson Properties
Listed By:
Virginia W. Rowell · License #0225216660
(703) 629-4168
Source:
Dcmetrorealtyteam
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:41AM
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
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium was built in 1963 and has been renovated. Updates include LVP flooring, stainless steel kitchen appliances, cabinetry, lighting, and a remodeled bathroom with a new mirror and vanity.
Residents have access to community green space, tennis courts, a pool, tot lots, and walking paths. The property is near shopping, restaurants, the airport, major commuter routes, and two Metro stops. All utilities are included in the condo fee, and parking is available for residents and guests.
Residents have access to community green space, tennis courts, a pool, tot lots, and walking paths. The property is near shopping, restaurants, the airport, major commuter routes, and two Metro stops. All utilities are included in the condo fee, and parking is available for residents and guests.
Key Highlights
- One‑bedroom, one‑bath condominium at 6641 Wakefield Drive, Unit 619
- Renovated with LVP flooring, stainless steel appliances, new kitchen cabinetry, and updated lighting
- Updated bathroom with a new mirror and vanity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,945
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,900
$218.9K
Cap Rate 7%
$156,357
$156.4K
Cap Rate 9%
$121,611
$121.6K
Market Conditions
NOI Build-Up for 714 SF
Gross rent
$21.0K $29.40/SF
− Vacancy
−$1.1K −$1.53/SF
EGI
$19.9K $27.87/SF
− OpEx
−$9.0K −$12.54/SF
NOI
$10.9K $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%
$218,900
Cap Rate 7%
$156,357
Cap Rate 9%
$121,611
Alternative Uses
Best Use
Apartment 5plus
$156.4K
$136.8K – $182.4K
NOI $10,945 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$396.6K
$347.0K – $462.7K
NOI $27,760 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Explore this area
Business Placement
Demographics for 22307, VA
10,271
Population
4,742
Households
2.2
Avg Household Size
45
Median Age
70%
College-Educated
96%
High-School Grad
3.1 sq mi
ZIP Area
3,313
Density / Sq Mi
$140,559
Median Household Income
$86,082
Median Earnings
$1,906
Median Rent
$752,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Monthly condo fees cover all utilities, alongside access to a community pool, tennis courts, and walking paths.
Where is this residential income property located?
The property is located at 6641 WAKEFIELD DRIVE Unit 619 Alexandria, VA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium at 6641 Wakefield Drive, Unit 619; Renovated with LVP flooring, stainless steel appliances, new kitchen cabinetry, and updated lighting; Updated bathroom with a new mirror and vanity
