Renovated Condo in
For Sale
$360,000
6925 MARY CAROLINE CIRCLE #H, Alexandria, VA 22310
Modern 2-bedroom, 2-bathroom condo with community amenities and prime location.
Property Size951 SF
Days on Market422
Property Features for 6925 MARY CAROLINE CIRCLE #H
General Information
Standard status
Active
Size
951 SF
Property subtype
Apartment
Amenities
Fireplace
Heat Pump(s)
Central A/C
Built-In Microwave
Dishwasher
Disposal
Dryer
Oven/Range - Electric
Refrigerator
Stainless Steel Appliances
Washer
Washer/Dryer Stacked
WaterHeater
Deck, Shingle
Building Details
Building Size
951 SF
Year Built
1988
Listing Agency:
KW Metro Center Arlington
Listed By:
Tori McKinney · License #VA
(703) 597-9204
Source:
Kw
Added: Aug 25, 2025
Changed: Oct 11
Last Checked: Oct 19 at 3:57AM
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 KW Metro Center Arlington
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Investment Insights
Based on property information with market context.
This renovated 2-bedroom, 2-bathroom condo is located in Victoria Crossings at Manchester Lakes. The property features an open-concept living room with a fireplace and access to a balcony patio, which opens to a dedicated dining room. The kitchen has countertops, stainless steel appliances, and ample cabinetry, along with a convenient laundry room. The primary bedroom includes an ensuite full bath. A second spacious bedroom and renovated full hall bath complete the living space. Residents have access to landscaped common areas and grilling areas, as well as the Manchester Lakes community pool, fitness center, and sport courts. The condo is situated in Kingstowne, providing access to commuter routes, shopping, dining, and entertainment options. It is located near Springfield Town Center, Kingstowne Towne Center, and Franconia-Springfield METRO Station. The property was fully renovated in 2023 and freshly painted and refreshed throughout in 2025.
Key Highlights
- Fully renovated in 2023 and refreshed in 2025, offering modern updates throughout.
- Prime location in Kingstowne with easy access to commuter routes and the Franconia‑Springfield METRO Station.
- Access to Manchester Lakes community amenities including a pool, fitness center, and sport courts.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,578
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,560
$291.6K
Cap Rate 7%
$208,257
$208.3K
Cap Rate 9%
$161,978
$162.0K
Market Conditions
NOI Build-Up for 951 SF
Gross rent
$28.0K $29.40/SF
− Vacancy
−$1.5K −$1.53/SF
EGI
$26.5K $27.87/SF
− OpEx
−$11.9K −$12.54/SF
NOI
$14.6K $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%
$291,560
Cap Rate 7%
$208,257
Cap Rate 9%
$161,978
Alternative Uses
Best Use
Apartment 5plus
$208.3K
$182.2K – $243.0K
NOI $14,578 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$528.2K
$462.2K – $616.3K
NOI $36,975 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
Explore this area
Business Placement
Demographics for 22310, VA
29,611
Population
11,116
Households
2.7
Avg Household Size
39
Median Age
64%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
4,420
Density / Sq Mi
$160,872
Median Household Income
$83,668
Median Earnings
$2,396
Median Rent
$627,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Modern 2-bedroom, 2-bathroom condo with community amenities and prime location.
Where is this apartment building located?
The property is located at 6925 MARY CAROLINE CIRCLE #H Alexandria, VA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Fully renovated in 2023 and refreshed in 2025, offering modern updates throughout.; Prime location in Kingstowne with easy access to commuter routes and the Franconia‑Springfield METRO Station.; Access to Manchester Lakes community amenities including a pool, fitness center, and sport courts.
