One-Bedroom Residential Income
For Sale
$284,000
6800 FLEETWOOD ROAD Unit 1003, Mc Lean, VA 22101
The unit has an open living and dining arrangement, a galley kitchen, and laundry hookups.
Property Size811 SF
Price / SF$350.18
Days on Market28
Property Features for 6800 FLEETWOOD ROAD Unit 1003
General Information
Standard status
Active
Size
811 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$12,682
Amenities
outdoor pool
exercise room
concierge services
in-unit laundry
Building Details
Building Size
811 SF
Year Built
1975
Listing Agency:
BEYCOME BROKERAGE REALTY LLC
Listed By:
Steven Koleno · License #0225277955
(804) 656-5007
Source:
Jackrealtygroup
Added: Oct 6
Changed: Nov 2
Last Checked: Oct 31 at 2:15PM
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 BEYCOME BROKERAGE REALTY LLC
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Investment Insights
Based on property information with market context.
This 811-square-foot residence in McLean House North was built in 1975. Its one-bedroom, one-and-a-half-bathroom layout includes an open connection between the dining area and galley kitchen. The primary bathroom has a walk-in shower, and washer and dryer hookups are provided within the unit.
Building amenities include an outdoor pool, exercise room, and concierge service. A bus stop and metro station are described as nearby, along with parks, shopping, and dining.
Building amenities include an outdoor pool, exercise room, and concierge service. A bus stop and metro station are described as nearby, along with parks, shopping, and dining.
Key Highlights
- 811‑square‑foot residence with one bedroom and 1.5 bathrooms
- Galley kitchen connected to the dining area in an open layout
- Primary bathroom features a walk‑in shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,140
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,800
$242.8K
Cap Rate 7%
$173,429
$173.4K
Cap Rate 9%
$134,889
$134.9K
Market Conditions
NOI Build-Up for 811 SF
Gross rent
$23.4K $28.80/SF
− Vacancy
−$1.3K −$1.58/SF
EGI
$22.1K $27.22/SF
− OpEx
−$9.9K −$12.25/SF
NOI
$12.1K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,800
Cap Rate 7%
$173,429
Cap Rate 9%
$134,889
Alternative Uses
Best Use
Apartment 5plus
$173.4K
$151.8K – $202.3K
NOI $12,140 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.40M
$2.97M – $3.97M
NOI $237,966 @ 7.0% cap · market cap 83.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,172
Businesses Nearby
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Business Placement
Demographics for 22101, VA
31,414
Population
11,316
Households
2.8
Avg Household Size
45
Median Age
86%
College-Educated
97%
High-School Grad
13.1 sq mi
ZIP Area
2,398
Density / Sq Mi
$250,001
Median Household Income
$126,648
Median Earnings
$3,407
Median Rent
$1,282,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The unit has an open living and dining arrangement, a galley kitchen, and laundry hookups.
Where is this residential income property located?
The property is located at 6800 FLEETWOOD ROAD Unit 1003 Mc Lean, VA.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: 811‑square‑foot residence with one bedroom and 1.5 bathrooms; Galley kitchen connected to the dining area in an open layout; Primary bathroom features a walk‑in shower
