Two-Bedroom
For Sale
$309,999
Pending
807 N HOWARD STREET Unit 319, Alexandria, VA 22304
A private balcony, covered garage parking, and community amenities complement this two-bedroom home.
Property Size1,021 SF
Days on Market16
Property Features for 807 N HOWARD STREET Unit 319
General Information
Standard status
Pending
Size
1,021 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Seminary Hill/Strawberry Hill
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Asking Price
$309,000
Taxes and HOA fees
Annual Taxes
$3,724
Amenities
swimming pool
fitness center
community room
Building Details
Building Size
1,021 SF
Year Built
1974
Listing Agency:
Engel & Volkers Washington, DC
Listed By:
Christopher Paul Yurko · License #0225250701
(703) 945-4291
Source:
Districtpropertygroup
Added: Oct 13
Changed: Oct 27
Last Checked: Oct 26 at 5:10PM
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 Engel & Volkers Washington, DC
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Investment Insights
Based on property information with market context.
This 1,021-square-foot condominium at The Plaza has two bedrooms and two full bathrooms, with bamboo flooring and a new HVAC system. The primary bedroom includes a walk-in closet and private bathroom. A balcony, one covered garage parking space, and a separate storage unit add to the home’s features. The building dates to 1974.
Residents have access to a swimming pool, fitness center, and community room. Shoppes of Foxchase is approximately half a mile away, and Bradlee Shopping Center is also nearby. Van Dorn Street Metro is approximately 2.9 miles away, while King Street-Old Town Metro is 3.3 miles away. Bus service and access to I-395 are nearby, with connections to I-495 and I-95.
Residents have access to a swimming pool, fitness center, and community room. Shoppes of Foxchase is approximately half a mile away, and Bradlee Shopping Center is also nearby. Van Dorn Street Metro is approximately 2.9 miles away, while King Street-Old Town Metro is 3.3 miles away. Bus service and access to I-395 are nearby, with connections to I-495 and I-95.
Key Highlights
- Two bedrooms and two full bathrooms in 1,021 square feet
- Private balcony, covered garage parking space, and separate storage unit
- Bamboo flooring and new HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,651
Cap Rate
5.05%
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 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$567.1K
$496.2K – $661.6K
NOI $39,696 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A private balcony, covered garage parking, and community amenities complement this two-bedroom home.
Where is this residential income property located?
The property is located at 807 N HOWARD STREET Unit 319 Alexandria, VA.
What is the asking price?
The asking price for this property is $309,999.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms in 1,021 square feet; Private balcony, covered garage parking space, and separate storage unit; Bamboo flooring and new HVAC system
