Residential Income Property with Garage
For Sale
$550,000
Pending
7630 PROVINCIAL DRIVE Unit 104, Mc Lean, VA 22102
Move-in ready condominium with flexible living space, updated finishes, private storage, and access to extensive community amenities.
Property Size1,678 SF
Days on Market66
Property Features for 7630 PROVINCIAL DRIVE Unit 104
General Information
Standard status
Pending
Size
1,678 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,906
Amenities
outdoor swimming pool
fitness center
clubhouse
billiard room
tennis courts
tot lot/playground
jogging/walking paths
BBQ grills
24-hour security
Building Details
Building Size
1,678 SF
Year Built
1974
Listing Agency:
EXP Realty, LLC
Listed By:
Megan Buckley Fass · License #0225255084
(703) 496-4988
Source:
Kerishull
Added: Aug 13
Changed: Oct 15
Last Checked: Oct 16 at 4:55PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,678-square-foot condominium offers three bedrooms and 2.5 baths within a spacious, move-in-ready layout. Wide-plank luxury hardwood flooring, large windows, generous closets, and updated kitchen and bath finishes support comfortable everyday use. The kitchen includes granite counters, decorative backsplash, ample cabinetry, dishwasher, built-in microwave, electric range, and refrigerator with ice maker, and connects with the dining and living areas. A flexible third bedroom or den has pocket doors, a closet, and wet bar. The owner’s suite includes multiple closets, including a walk-in closet and built-in shelving, while the remodeled bath provides two vanities and a frameless glass shower. An in-unit stackable washer and dryer are also included.
The property includes two underground garage parking spaces, a storage unit, and access to a gated community with an outdoor pool, fitness center, clubhouse, billiard room, tennis courts, playground, walking paths, maintained grounds, and BBQ grills. The home is near Tysons Corner Center, The Boro, Capital One Center, Wegmans, restaurants, shopping, and entertainment, with access to McLean Metro Station, Rt. 123, I-495, and Rt. 267.
The property includes two underground garage parking spaces, a storage unit, and access to a gated community with an outdoor pool, fitness center, clubhouse, billiard room, tennis courts, playground, walking paths, maintained grounds, and BBQ grills. The home is near Tysons Corner Center, The Boro, Capital One Center, Wegmans, restaurants, shopping, and entertainment, with access to McLean Metro Station, Rt. 123, I-495, and Rt. 267.
Key Highlights
- 1,678‑square‑foot condominium with 3 bedrooms and 2.5 baths
- Two underground garage parking spaces, identified as spaces #4 and 5
- Updated kitchen with granite counters, decorative backsplash, and full appliance package
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,118
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,360
$502.4K
Cap Rate 7%
$358,829
$358.8K
Cap Rate 9%
$279,089
$279.1K
Market Conditions
NOI Build-Up for 1,678 SF
Gross rent
$48.3K $28.80/SF
− Vacancy
−$2.7K −$1.58/SF
EGI
$45.7K $27.22/SF
− OpEx
−$20.6K −$12.25/SF
NOI
$25.1K $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%
$502,360
Cap Rate 7%
$358,829
Cap Rate 9%
$279,089
Alternative Uses
Best Use
Apartment 5plus
$358.8K
$314.0K – $418.6K
NOI $25,118 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.03M
$6.15M – $8.21M
NOI $492,363 @ 7.0% cap · market cap 89.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Explore this area
Business Placement
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 - Move-in ready condominium with flexible living space, updated finishes, private storage, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 7630 PROVINCIAL DRIVE Unit 104 Mc Lean, VA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,678‑square‑foot condominium with 3 bedrooms and 2.5 baths; Two underground garage parking spaces, identified as spaces #4 and 5; Updated kitchen with granite counters, decorative backsplash, and full appliance package
