Updated Residential Income
For Sale
$265,000
6641 WAKEFIELD DRIVE Unit 808, Alexandria, VA 22307
Eight-floor condo with renovated interiors, community amenities, and utility-inclusive monthly fees.
Property Size959 SF
Price / SF$276.33
Days on Market20
Property Features for 6641 WAKEFIELD DRIVE Unit 808
General Information
Standard status
Active
Size
959 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,853
Amenities
outdoor pool
tennis courts
fitness center
picnic areas
scenic walking paths
Building Details
Building Size
959 SF
Year Built
1963
Listing Agency:
Samson Properties
Listed By:
Dany Jones · License #0225262418
(617) 407-8478
Source:
Dcmetrorealtyteam
Added: Sep 17
Changed: Oct 3
Last Checked: Oct 5 at 9:52PM
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 residential income property is an updated condominium residence with 2 bedrooms, 1.5 bathrooms, and 959 square feet of living area. The home is located on the 8th floor and includes a refreshed kitchen with white cabinetry, quartz countertops, and stainless steel appliances. Fresh paint and a flexible second bedroom add to the practical layout.
The residence is part of River Towers, a 24-acre community near the Potomac River. Shared amenities include an outdoor pool, tennis courts, fitness center, picnic areas, and walking paths. The property is at 6641 Wakefield Drive in Alexandria, Virginia, near Old Town Alexandria, the GW Parkway, shopping, dining, public transportation, and major commuter routes.
The condo fee includes electricity, heat, air conditioning, gas, water, sewer, trash, pool access, common-area maintenance, and exterior building maintenance. Built in 1963, the property combines updated interior finishes with established community facilities and a broad range of included services.
The residence is part of River Towers, a 24-acre community near the Potomac River. Shared amenities include an outdoor pool, tennis courts, fitness center, picnic areas, and walking paths. The property is at 6641 Wakefield Drive in Alexandria, Virginia, near Old Town Alexandria, the GW Parkway, shopping, dining, public transportation, and major commuter routes.
The condo fee includes electricity, heat, air conditioning, gas, water, sewer, trash, pool access, common-area maintenance, and exterior building maintenance. Built in 1963, the property combines updated interior finishes with established community facilities and a broad range of included services.
Key Highlights
- 2‑bedroom, 1.5‑bath condominium with 959 square feet
- 8th‑floor residence at 6641 Wakefield Drive Unit 808
- Updated kitchen with quartz countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,701
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,020
$294.0K
Cap Rate 7%
$210,014
$210.0K
Cap Rate 9%
$163,344
$163.3K
Market Conditions
NOI Build-Up for 959 SF
Gross rent
$28.2K $29.40/SF
− Vacancy
−$1.5K −$1.53/SF
EGI
$26.7K $27.87/SF
− OpEx
−$12.0K −$12.54/SF
NOI
$14.7K $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%
$294,020
Cap Rate 7%
$210,014
Cap Rate 9%
$163,344
Alternative Uses
Best Use
Apartment 5plus
$210.0K
$183.8K – $245.0K
NOI $14,701 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$532.7K
$466.1K – $621.4K
NOI $37,286 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
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 - Eight-floor condo with renovated interiors, community amenities, and utility-inclusive monthly fees.
Where is this residential income property located?
The property is located at 6641 WAKEFIELD DRIVE Unit 808 Alexandria, VA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2‑bedroom, 1.5‑bath condominium with 959 square feet; 8th‑floor residence at 6641 Wakefield Drive Unit 808; Updated kitchen with quartz countertops and stainless steel appliances
