Residential Income Property with
For Sale
$224,900
7829 ENOLA STREET Unit 101, Mc Lean, VA 22102
The one-bedroom condo has an updated kitchen, renovated bathroom, wood flooring, and a private patio.
Property Size628 SF
Price / SF$358.12
Days on Market84
Property Features for 7829 ENOLA STREET Unit 101
General Information
Standard status
Active
Size
628 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,903
Amenities
swimming pool
patio
Building Details
Building Size
628 SF
Year Built
1967
Listing Agency:
Compass
Listed By:
Arash Azma
(703) 677-7348
Source:
Jackrealtygroup
Added: Aug 11
Changed: Oct 27
Last Checked: Oct 31 at 6:21PM
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 Compass
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Investment Insights
Based on property information with market context.
This 628-square-foot, one-bedroom, one-bathroom condo was built in 1967. Interior features include wood floors, an updated kitchen with granite countertops and stainless steel appliances, and a renovated bathroom. A private patio looks toward the community pool and common grounds; the unit is the closest in the complex to the pool. Parking is available throughout the community.
Shopping and dining options are nearby, including Safeway and Trader Joe’s. The property also offers access to I-495 and Route 7.
Shopping and dining options are nearby, including Safeway and Trader Joe’s. The property also offers access to I-495 and Route 7.
Key Highlights
- 628‑square‑foot condo with one bedroom and one bathroom
- Kitchen features granite countertops and stainless steel appliances
- Renovated bathroom and wood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,400
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,000
$188.0K
Cap Rate 7%
$134,286
$134.3K
Cap Rate 9%
$104,444
$104.4K
Market Conditions
NOI Build-Up for 628 SF
Gross rent
$18.1K $28.80/SF
− Vacancy
−$995 −$1.58/SF
EGI
$17.1K $27.22/SF
− OpEx
−$7.7K −$12.25/SF
NOI
$9.4K $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%
$188,000
Cap Rate 7%
$134,286
Cap Rate 9%
$104,444
Alternative Uses
Best Use
Apartment 5plus
$134.3K
$117.5K – $156.7K
NOI $9,400 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.63M
$2.30M – $3.07M
NOI $184,269 @ 7.0% cap · market cap 81.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,841
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom condo has an updated kitchen, renovated bathroom, wood flooring, and a private patio.
Where is this residential income property located?
The property is located at 7829 ENOLA STREET Unit 101 Mc Lean, VA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 628‑square‑foot condo with one bedroom and one bathroom; Kitchen features granite countertops and stainless steel appliances; Renovated bathroom and wood flooring
