Condominium with Private
For Sale
$228,000
801 N HOWARD STREET Unit 372, Alexandria, VA 22304
Updated interiors include granite kitchen counters, recessed lighting, and a tiled shower.
Property Size534 SF
Price / SF$426.97
Days on Market13
Property Features for 801 N HOWARD STREET Unit 372
General Information
Standard status
Active
Size
534 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Seminary Hill/Strawberry Hill
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,436
Amenities
outdoor pool
fitness center
tennis court
clubhouse
private balcony
storage locker
Building Details
Building Size
534 SF
Year Built
1974
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 16
Changed: Oct 27
Last Checked: Oct 26 at 2:56PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 534-square-foot condominium at The Plaza has one bedroom and a private balcony. Interior features include granite kitchen counters, a dishwasher, recessed lighting, a tiled shower, and updated bathroom fixtures. The unit was built in 1974 and includes a private storage locker, one assigned underground parking space, and access to additional unassigned parking.
Community facilities include an outdoor pool, fitness center, tennis court, and clubhouse. The property is near shopping, Virginia Theological Seminary, Alexandria Hospital, and Reagan National Airport.
Community facilities include an outdoor pool, fitness center, tennis court, and clubhouse. The property is near shopping, Virginia Theological Seminary, Alexandria Hospital, and Reagan National Airport.
Key Highlights
- 534‑square‑foot one‑bedroom condominium with a private balcony
- Granite kitchen countertops and a dishwasher
- One assigned underground parking space plus access to unassigned parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,186
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,720
$163.7K
Cap Rate 7%
$116,943
$116.9K
Cap Rate 9%
$90,956
$91.0K
Market Conditions
NOI Build-Up for 534 SF
Gross rent
$15.7K $29.40/SF
− Vacancy
−$816 −$1.53/SF
EGI
$14.9K $27.87/SF
− OpEx
−$6.7K −$12.54/SF
NOI
$8.2K $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%
$163,720
Cap Rate 7%
$116,943
Cap Rate 9%
$90,956
Alternative Uses
Best Use
Apartment 5plus
$116.9K
$102.3K – $136.4K
NOI $8,186 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$296.6K
$259.5K – $346.0K
NOI $20,762 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
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Business Placement
Demographics for 22304, VA
49,237
Population
24,654
Households
2
Avg Household Size
37
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
10,258
Density / Sq Mi
$97,629
Median Household Income
$64,929
Median Earnings
$1,934
Median Rent
$496,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors include granite kitchen counters, recessed lighting, and a tiled shower.
Where is this residential income property located?
The property is located at 801 N HOWARD STREET Unit 372 Alexandria, VA.
What is the asking price?
The asking price for this property is $228,000.
What are key features of this property?
This property features: 534‑square‑foot one‑bedroom condominium with a private balcony; Granite kitchen countertops and a dishwasher; One assigned underground parking space plus access to unassigned parking
