Renovated Residential Income
6842 BRINDLE HEATH WAY Unit 222, Alexandria, VA 22315
For Sale
$519,900
The two-bedroom townhouse-style condo includes a private deck and access to community amenities.
Property Size1,130 SF
Days on Market14
Property Features for 6842 BRINDLE HEATH WAY Unit 222
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
swimming pool
fitness center
fireplace
private deck
Building Details
Building Size
Year Built
Listing Agency:
Metas Realty Group, LLC
Listed By:
Yancy I Hernandez · License #0225073241
(571) 331-1746
Source:
Dcmetrorealtyteam
Added: Oct 27
Changed: Nov 3
Last Checked: Nov 8 at 4:42PM
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 Metas Realty Group, LLC
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Investment Insights
Based on property information with market context.
This 1994-built, two-bedroom townhouse-style condo has an updated kitchen with quartz countertops and stainless steel appliances. Renovations also include new flooring, fresh paint, and refreshed bathrooms. A fireplace and vaulted ceilings distinguish the living area, while a private deck extends the space outdoors.
Residents have access to an outdoor swimming pool and fitness center. The property is near major commuter routes, shopping, the Franconia Recreation Center, and the Franconia-Springfield and Eisenhower Metro stations.
Residents have access to an outdoor swimming pool and fitness center. The property is near major commuter routes, shopping, the Franconia Recreation Center, and the Franconia-Springfield and Eisenhower Metro stations.
Key Highlights
- Two‑bedroom, townhouse‑style condo
- Renovated kitchen with quartz countertops and stainless steel appliances
- Living area features a fireplace and vaulted ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,322
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,440
$346.4K
Cap Rate 7%
$247,457
$247.5K
Cap Rate 9%
$192,467
$192.5K
Market Conditions
NOI Build-Up for 1,130 SF
Gross rent
$33.2K $29.40/SF
− Vacancy
−$1.7K −$1.53/SF
EGI
$31.5K $27.87/SF
− OpEx
−$14.2K −$12.54/SF
NOI
$17.3K $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%
$346,440
Cap Rate 7%
$247,457
Cap Rate 9%
$192,467
Alternative Uses
Best Use
Apartment 5plus
$247.5K
$216.5K – $288.7K
NOI $17,322 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$627.6K
$549.2K – $732.2K
NOI $43,934 @ 7.0% cap · market cap 8.45%
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
1,018
Businesses Nearby
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Business Placement
Demographics for 22315, VA
28,184
Population
11,660
Households
2.4
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
5.5 sq mi
ZIP Area
5,124
Density / Sq Mi
$156,230
Median Household Income
$89,478
Median Earnings
$2,396
Median Rent
$609,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom townhouse-style condo includes a private deck and access to community amenities.
Where is this residential income property located?
The property is located at 6842 BRINDLE HEATH WAY Unit 222 Alexandria, VA.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two‑bedroom, townhouse‑style condo; Renovated kitchen with quartz countertops and stainless steel appliances; Living area features a fireplace and vaulted ceilings
