Two-Bedroom
For Sale
$299,900
805 N HOWARD STREET N Unit 246, Alexandria, VA 22304
Second-floor residence includes an in-unit washer and dryer and an assigned parking space.
Property Size1,021 SF
Price / SF$293.73
Days on Market23
Property Features for 805 N HOWARD STREET N Unit 246
General Information
Standard status
Active
Size
1,021 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Seminary Hill/Strawberry Hill
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,513
Amenities
in-unit washer/dryer
private balcony
swimming pool
tennis courts
fitness center
party/banquet room
landscaped grounds
Building Details
Building Size
1,021 SF
Year Built
1974
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 6
Changed: Oct 26
Last Checked: Oct 26 at 2:07PM
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 second-floor condominium offers 1,021 square feet with two bedrooms and two bathrooms. The kitchen has granite countertops and substantial cabinet storage, while a private balcony faces mature trees. An in-unit washer and dryer and one assigned parking space are included. The property was built in 1974, and the HVAC system is described as newer.
Community amenities include a swimming pool, tennis courts, a fitness center, landscaped grounds, and a party room. Building improvements include replacement windows and sliding glass doors, renovated hallways, and updated lighting. The property is in Alexandria, with access to Old Town Alexandria, Amazon HQ2, the Pentagon, Washington, D.C., major commuter routes, shopping, dining, and parks.
Community amenities include a swimming pool, tennis courts, a fitness center, landscaped grounds, and a party room. Building improvements include replacement windows and sliding glass doors, renovated hallways, and updated lighting. The property is in Alexandria, with access to Old Town Alexandria, Amazon HQ2, the Pentagon, Washington, D.C., major commuter routes, shopping, dining, and parks.
Key Highlights
- 1,021‑square‑foot condominium with two bedrooms and two bathrooms
- Private balcony overlooking mature trees
- Granite kitchen countertops and substantial cabinet storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,651
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,020
$313.0K
Cap Rate 7%
$223,586
$223.6K
Cap Rate 9%
$173,900
$173.9K
Market Conditions
NOI Build-Up for 1,021 SF
Gross rent
$30.0K $29.40/SF
− Vacancy
−$1.6K −$1.53/SF
EGI
$28.5K $27.87/SF
− OpEx
−$12.8K −$12.54/SF
NOI
$15.7K $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%
$313,020
Cap Rate 7%
$223,586
Cap Rate 9%
$173,900
Alternative Uses
Best Use
Apartment 5plus
$223.6K
$195.6K – $260.9K
NOI $15,651 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$567.1K
$496.2K – $661.6K
NOI $39,696 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
828
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 - Second-floor residence includes an in-unit washer and dryer and an assigned parking space.
Where is this residential income property located?
The property is located at 805 N HOWARD STREET N Unit 246 Alexandria, VA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,021‑square‑foot condominium with two bedrooms and two bathrooms; Private balcony overlooking mature trees; Granite kitchen countertops and substantial cabinet storage
