Updated Two-Level Residential Income
For Sale
$275,000
7907 CASA GRANDE PLACE Unit 121D, Alexandria, VA 22309
Renovated kitchen and bath finishes complement a wooded setting and shared recreational amenities.
Property Size1,100 SF
Price / SF$250
Days on Market27
Property Features for 7907 CASA GRANDE PLACE Unit 121D
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,101
Amenities
community swimming pool
tennis courts
playgrounds
Building Details
Building Size
1,100 SF
Year Built
1978
Listing Agency:
RE/MAX Allegiance
Listed By:
Richard J DiGiovanna · License #0225146938
(571) 655-3753
Source:
Irvinrealtyllc
Added: Oct 2
Changed: Oct 27
Last Checked: Oct 27 at 3:46AM
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 RE/MAX Allegiance
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Investment Insights
Based on property information with market context.
This two-level residential property offers 1,100 square feet and was built in 1978. Interior updates include new carpeting on both levels, a renovated kitchen with stainless steel appliances and luxury vinyl plank flooring, and a remodeled full bathroom with ceramic tile, a walk-in shower, built-in bench and recessed niche. The hot water heater was replaced in 2025.
The home backs to woods, Huntley Meadows Park and open green space. Sequoyah community amenities include a swimming pool, tennis courts and playgrounds. Richmond Highway/Route 1 and other commuter routes provide access toward Fort Belvoir, Mount Vernon, Old Town Alexandria, the Pentagon and Washington, D.C.
The home backs to woods, Huntley Meadows Park and open green space. Sequoyah community amenities include a swimming pool, tennis courts and playgrounds. Richmond Highway/Route 1 and other commuter routes provide access toward Fort Belvoir, Mount Vernon, Old Town Alexandria, the Pentagon and Washington, D.C.
Key Highlights
- Two‑level residence with 1,100 square feet
- Kitchen renovation includes stainless steel appliances and luxury vinyl plank flooring
- Remodeled full bath has ceramic tile, a walk‑in shower, built‑in bench and recessed niche
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,862
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,240
$337.2K
Cap Rate 7%
$240,886
$240.9K
Cap Rate 9%
$187,356
$187.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$32.3K $29.40/SF
− Vacancy
−$1.7K −$1.53/SF
EGI
$30.7K $27.87/SF
− OpEx
−$13.8K −$12.54/SF
NOI
$16.9K $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%
$337,240
Cap Rate 7%
$240,886
Cap Rate 9%
$187,356
Alternative Uses
Best Use
Apartment 5plus
$240.9K
$210.8K – $281.0K
NOI $16,862 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$611.0K
$534.6K – $712.8K
NOI $42,768 @ 7.0% cap · market cap 15.55%
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
Highway access
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Explore this area
Business Placement
Demographics for 22309, VA
33,773
Population
13,082
Households
2.6
Avg Household Size
38
Median Age
44%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
4,503
Density / Sq Mi
$101,556
Median Household Income
$47,738
Median Earnings
$1,749
Median Rent
$539,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated kitchen and bath finishes complement a wooded setting and shared recreational amenities.
Where is this residential income property located?
The property is located at 7907 CASA GRANDE PLACE Unit 121D Alexandria, VA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑level residence with 1,100 square feet; Kitchen renovation includes stainless steel appliances and luxury vinyl plank flooring; Remodeled full bath has ceramic tile, a walk‑in shower, built‑in bench and recessed niche
