High-Rise Residential Income
For Sale
$230,000
801 N HOWARD STREET Unit 568, Alexandria, VA 22304
The apartment includes access to an outdoor pool, exercise room, and tennis courts.
Property Size827 SF
Price / SF$278.11
Days on Market76
Property Features for 801 N HOWARD STREET Unit 568
General Information
Standard status
Active
Size
827 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Seminary Hill/Strawberry Hill
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,470
Amenities
outdoor pool
exercise room
tennis courts
wood-burning fireplace
Building Details
Building Size
827 SF
Year Built
1974
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 14
Changed: Oct 27
Last Checked: Oct 26 at 3:49PM
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
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 827-square-foot apartment was built in 1974 and has two bedrooms, one bathroom, an open living and dining area, and a galley kitchen. Features include stainless steel appliances, an electric range, a dishwasher, and a wood-burning fireplace. Water and trash service are included, and parking options include on-street parking and one private space.
Residents have access to an outdoor pool, exercise room, and tennis courts. Local parks are nearby.
Residents have access to an outdoor pool, exercise room, and tennis courts. Local parks are nearby.
Key Highlights
- 827‑square‑foot apartment with two bedrooms and one bathroom
- Built in 1974
- Galley kitchen with stainless steel appliances, electric range, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,677
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,540
$253.5K
Cap Rate 7%
$181,100
$181.1K
Cap Rate 9%
$140,856
$140.9K
Market Conditions
NOI Build-Up for 827 SF
Gross rent
$24.3K $29.40/SF
− Vacancy
−$1.3K −$1.53/SF
EGI
$23.0K $27.87/SF
− OpEx
−$10.4K −$12.54/SF
NOI
$12.7K $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%
$253,540
Cap Rate 7%
$181,100
Cap Rate 9%
$140,856
Alternative Uses
Best Use
Apartment 5plus
$181.1K
$158.5K – $211.3K
NOI $12,677 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$459.3K
$401.9K – $535.9K
NOI $32,154 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
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
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 - The apartment includes access to an outdoor pool, exercise room, and tennis courts.
Where is this residential income property located?
The property is located at 801 N HOWARD STREET Unit 568 Alexandria, VA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 827‑square‑foot apartment with two bedrooms and one bathroom; Built in 1974; Galley kitchen with stainless steel appliances, electric range, and dishwasher
