One-Bedroom Condo with
For Sale
$240,000
808 S ARLINGTON MILL DRIVE Unit 9-302, Arlington, VA 22204
A remodeled open kitchen and direct bedroom access to a private terrace distinguish this top-floor residence.
Property Size592 SF
Price / SF$405.41
Days on Market105
Property Features for 808 S ARLINGTON MILL DRIVE Unit 9-302
General Information
Standard status
Active
Size
592 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington Mill
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,647
Building Details
Building Size
592 SF
Year Built
1947
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 16
Changed: Oct 27
Last Checked: Oct 26 at 3:02PM
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 592-square-foot, one-bedroom, one-bath condo occupies the building’s top floor and was built in 1947. Renovations include an open-concept kitchen with ample counter space and cabinetry. Windows bring natural light into the bedroom, which opens directly onto a private terrace.
Key Highlights
- 592 SF, one bedroom and one bathroom
- Top‑floor residence with private terrace accessed from the bedroom
- Remodeled open‑concept kitchen with generous cabinetry and counter space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,908
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,160
$178.2K
Cap Rate 7%
$127,257
$127.3K
Cap Rate 9%
$98,978
$99.0K
Market Conditions
NOI Build-Up for 592 SF
Gross rent
$17.0K $28.80/SF
− Vacancy
−$852 −$1.44/SF
EGI
$16.2K $27.36/SF
− OpEx
−$7.3K −$12.31/SF
NOI
$8.9K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,160
Cap Rate 7%
$127,257
Cap Rate 9%
$98,978
Alternative Uses
Best Use
Apartment 5plus
$127.3K
$111.4K – $148.5K
NOI $8,908 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$328.8K
$287.7K – $383.6K
NOI $23,017 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Explore this area
Business Placement
Demographics for 22204, VA
52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A remodeled open kitchen and direct bedroom access to a private terrace distinguish this top-floor residence.
Where is this residential income property located?
The property is located at 808 S ARLINGTON MILL DRIVE Unit 9-302 Arlington, VA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 592 SF, one bedroom and one bathroom; Top‑floor residence with private terrace accessed from the bedroom; Remodeled open‑concept kitchen with generous cabinetry and counter space
