Updated One-Bedroom
For Sale
$325,000
7660 WILLOW POINT DRIVE, Falls Church, VA 22042
An open living and dining area connects to a sunroom with access to a private balcony.
Property Size985 SF
Price / SF$329.95
Days on Market67
Property Features for 7660 WILLOW POINT DRIVE
General Information
Standard status
Active
Size
985 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$4,103
Amenities
swimming pool
lush green outdoor spaces
pet-friendly
in-unit washer/dryer
private balcony
Building Details
Building Size
985 SF
Year Built
1985
Listing Agency:
Samson Properties
Listed By:
Pinyo Bhulipongsanon · License #0225267015
(571) 946-6021
Source:
Jackrealtygroup
Added: Aug 23
Changed: Oct 26
Last Checked: Oct 26 at 3:01PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condo has an open living and dining area, a fireplace, and a sunroom that opens to a private balcony. The kitchen features shaker cabinetry, stainless steel appliances, granite counters, and a tile backsplash. A walk-in closet, renovated bathroom, and in-unit washer and dryer add practical features. The property was built in 1985.
One assigned parking space and guest parking are available. Community amenities include a swimming pool and outdoor green space, and pets are permitted. Water, sewer, and trash are included in the utilities. The property is near I-495, US-50, and Merrifield Town Center.
One assigned parking space and guest parking are available. Community amenities include a swimming pool and outdoor green space, and pets are permitted. Water, sewer, and trash are included in the utilities. The property is near I-495, US-50, and Merrifield Town Center.
Key Highlights
- One bedroom and one bathroom
- Private balcony accessed from a sunroom
- Kitchen with shaker cabinets, stainless steel appliances, granite countertops, and tile backsplash
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,744
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,880
$294.9K
Cap Rate 7%
$210,629
$210.6K
Cap Rate 9%
$163,822
$163.8K
Market Conditions
NOI Build-Up for 985 SF
Gross rent
$28.4K $28.80/SF
− Vacancy
−$1.6K −$1.58/SF
EGI
$26.8K $27.22/SF
− OpEx
−$12.1K −$12.25/SF
NOI
$14.7K $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%
$294,880
Cap Rate 7%
$210,629
Cap Rate 9%
$163,822
Alternative Uses
Best Use
Apartment 5plus
$210.6K
$184.3K – $245.7K
NOI $14,744 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.13M
$3.61M – $4.82M
NOI $289,021 @ 7.0% cap · market cap 88.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Explore this area
Business Placement
Demographics for 22042, VA
34,638
Population
12,598
Households
2.7
Avg Household Size
37
Median Age
55%
College-Educated
86%
High-School Grad
6.4 sq mi
ZIP Area
5,412
Density / Sq Mi
$135,578
Median Household Income
$60,264
Median Earnings
$2,178
Median Rent
$666,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An open living and dining area connects to a sunroom with access to a private balcony.
Where is this residential income property located?
The property is located at 7660 WILLOW POINT DRIVE Falls Church, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: One bedroom and one bathroom; Private balcony accessed from a sunroom; Kitchen with shaker cabinets, stainless steel appliances, granite countertops, and tile backsplash
