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Two-Bedroom Residential Income Property
For Sale
$370,000

7600 TREMAYNE PLACE Unit 301, Mc Lean, VA 22102

The corner residence includes garage parking, in-unit laundry, and access to community recreation and fitness amenities.

Property Size1,112 SF
Price / SF$332.73
Days on Market228

Property Features for 7600 TREMAYNE PLACE Unit 301

General Information

Standard status Active
Size 1,112 SF
Total Parking Spaces 1
Elevators Yes
Property subtype Unit/Flat/Apartment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,966

Amenities

swimming pool
tennis courts
fitness center
playground
jogging and walking trails
gated community
in-unit washer/dryer
private storage room

Building Details

Building Size 1,112 SF
Year Built 1974
Year Renovated 2026
Listing Agency: EXP Realty, LLC
Listed By: Julie Grandon · License #0225240675
Source: Irvinrealtyllc
Added: Mar 20 Changed: Nov 1 Last Checked: Nov 1 at 12:10PM

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 EXP Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This two-bedroom, two-bath corner residence at Colonies of McLean has 1,112 square feet of living space. The kitchen was renovated in 2026 with stainless steel appliances and quartz countertops. A raised wood-floor dining area, entryway, coat closet, and spacious living room add definition to the layout. The primary bedroom has an en-suite bath and walk-through closet; the second bedroom is served by a full bathroom. A full-size washer and dryer are inside the unit, and a private storage room sits in front of the assigned garage parking space. The HVAC system was installed in 2022, and the water heater was replaced in 2026. Building updates include a renovated lobby, refreshed hallways, and a new elevator serving the garage level.

The gated community offers a pool, tennis courts, fitness center, playground, and walking and jogging trails. McLean Metro Station is a half-mile walk by trail, with Tysons, shopping, dining, and major commuter routes also nearby.

Key Highlights

  • Two bedrooms and two bathrooms in a 1,112‑square‑foot corner residence
  • Kitchen renovation completed in 2026; includes stainless steel appliances and quartz countertops
  • HVAC installed in 2022; water heater replaced in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,645
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,900 $332.9K
Cap Rate 7%
$237,786 $237.8K
Cap Rate 9%
$184,944 $184.9K
Market Conditions
NOI Build-Up for 1,112 SF
Gross rent
$32.0K $28.80/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$30.3K $27.22/SF
− OpEx
−$13.6K −$12.25/SF
NOI
$16.6K $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%
$332,900
Cap Rate 7%
$237,786
Cap Rate 9%
$184,944

Alternative Uses

Best Use
Apartment 5plus
$237.8K
$208.1K – $277.4K (±1% cap)
NOI $16,645 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.66M
$4.08M – $5.44M (±1% cap)
NOI $326,286 @ 7.0% cap · market cap 88.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby

Demographics for 22102, VA

27,743
Population
14,274
Households
1.9
Avg Household Size
37
Median Age
81%
College-Educated
99%
High-School Grad
12.3 sq mi
ZIP Area
2,256
Density / Sq Mi
$153,816
Median Household Income
$93,200
Median Earnings
$2,471
Median Rent
$1,003,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - The corner residence includes garage parking, in-unit laundry, and access to community recreation and fitness amenities.
Where is this residential income property located?
The property is located at 7600 TREMAYNE PLACE Unit 301 Mc Lean, VA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in a 1,112‑square‑foot corner residence; Kitchen renovation completed in 2026; includes stainless steel appliances and quartz countertops; HVAC installed in 2022; water heater replaced in 2026
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