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    6900 KONA DR DRIVE Gainesville, VA 20155

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    For Sale
    $485,000

    End unit condo with garage in desirable Heathcote Commons.

    Type:Townhouse
    Added:
    Nov 30, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 5 at 11:03 pm

    Property Features for 6900 KONA DR DRIVE

    General Information

    Standard status
    Active
    Property subtype
    Townhouse

    Building Details

    Year Built
    2014

    We can help!

    Listing Contact
    Ashley Spencer

    Listing agent Ashley Spencer License #0225087529

    Listing office Alexandria - Kingstowne

    Listing date Nov 30, 2025

    Source Kw

    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 Alexandria - Kingstowne

    HighLights

    • Assumable 5.25% VA Loan
    • End Unit Townhome‑Style Condo with Attached 1‑Car Garage
    • Kitchen boasts Stainless Steel Appliances and Granite Countertops
    • Primary Bedroom Suite features a Bay Window, Two Closets (One Walk‑In), and Dual Sink Vanity
    • Ample Parking Close to Front Door
    • Community Amenities: Swimming Pool, Clubhouse, and Playground

    Overview

    Charming Townhome Style Condo

    This end unit townhome-style condo features 3 bedrooms and 2.5 bathrooms. The kitchen is equipped with stainless steel appliances and granite countertops, providing ample cabinet space. A half bath is conveniently located on the lower level. The upper level includes a primary bedroom suite with a bay window seating area and two separate closets, one of which is a walk-in. The primary bathroom features a dual sink vanity and a separate shower. The second and third bedrooms are generously sized with oversized closets, and one guest room has balcony access. A laundry/utility room on the second level includes a washer and dryer. The property benefits from plentiful natural light and additional windows. Ample parking is available within a few feet of the front door. The condo is located in Heathcote Commons and offers easy access to major highways, UVA Medical Center, public transportation, schools, dining, shops, craft breweries, and wineries. Many walking and biking trails are nearby. Condo amenities include a swimming pool, clubhouse, and playground. Water, trash service, and landscaping are included as part of the monthly condo fee.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Gainesville
    County
    Prince William
    State
    Virginia
    Longitude
    -77.6276
    Latitude
    38.8146

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    FAQs

    What type of property is this?
    Specialty property - End unit condo with garage in desirable Heathcote Commons.
    Where is this specialty property located?
    The property is located at 6900 KONA DR DRIVE Gainesville, VA.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: Assumable 5.25% VA Loan; End Unit Townhome‑Style Condo with Attached 1‑Car Garage; Kitchen boasts Stainless Steel Appliances and Granite Countertops
    (703) 562-1800
    We can help!
    Listing Contact
    Ashley Spencer
    Real Estate License ID: 0225087529
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    6900 KONA DR DRIVE, GAINESVILLE, VA 20155
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