High-Rise Condo with
New
For Sale
$629,999
8220 CRESTWOOD HEIGHTS DRIVE Unit 1410, Mc Lean, VA 22102
The one-bedroom residence includes a separate den, two full bathrooms, a private balcony, and two assigned parking spaces.
Property Size1,215 SF
Price / SF$518.52
Days on Market5
Property Features for 8220 CRESTWOOD HEIGHTS DRIVE Unit 1410
General Information
Standard status
Active
Size
1,215 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,075
Amenities
rooftop pool
sky lounge
fitness center
24-hour concierge
secure elevator access
library
on-site guest suites
community center
security gate
Building Details
Building Size
1,215 SF
Year Built
2008
Listing Agency:
Compass
Listed By:
Tanbir K Marwah · License #0225222727
(703) 945-9818
Source:
Barnesrealestatecompany
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 16 at 3:34PM
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 Compass
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 1,215-square-foot condominium at One Park Crest is on the 14th floor and combines a one-bedroom layout with a den and two full bathrooms. A private balcony faces south toward courtyard and tree views. The kitchen features gas cooking, stainless steel appliances, and a granite island; hardwood flooring extends into the main living area. Two assigned parking spaces are included.
Residents have access to a rooftop pool, fitness center, library, community spaces, and guest suites. Building services include a 24-hour concierge and security. The property is in Tysons, near the Silver Line Metro, Tysons Galleria, and Tysons Corner Center, with access to I-495, Route 123, Route 7, and the Dulles Access Road. The listed school assignments are Spring Hill Elementary, Longfellow Middle, and McLean High School.
Residents have access to a rooftop pool, fitness center, library, community spaces, and guest suites. Building services include a 24-hour concierge and security. The property is in Tysons, near the Silver Line Metro, Tysons Galleria, and Tysons Corner Center, with access to I-495, Route 123, Route 7, and the Dulles Access Road. The listed school assignments are Spring Hill Elementary, Longfellow Middle, and McLean High School.
Key Highlights
- 1,215‑square‑foot, 14th‑floor residence with a one‑bedroom layout and den
- Two full bathrooms and two assigned parking spaces
- South‑facing private balcony with courtyard and tree views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,187
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,740
$363.7K
Cap Rate 7%
$259,814
$259.8K
Cap Rate 9%
$202,078
$202.1K
Market Conditions
NOI Build-Up for 1,215 SF
Gross rent
$35.0K $28.80/SF
− Vacancy
−$1.9K −$1.58/SF
EGI
$33.1K $27.22/SF
− OpEx
−$14.9K −$12.25/SF
NOI
$18.2K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,740
Cap Rate 7%
$259,814
Cap Rate 9%
$202,078
Alternative Uses
Best Use
Apartment 5plus
$259.8K
$227.3K – $303.1K
NOI $18,187 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.09M
$4.46M – $5.94M
NOI $356,508 @ 7.0% cap · market cap 56.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,474
Businesses Nearby
Explore this area
Business Placement
Demographics for 22102, VA
27,743
Population
14,274
Households
1.9
Avg Household Size
37
Median Age
81%
College-Educated
99%
High-School Grad
12.3 sq mi
ZIP Area
2,256
Density / Sq Mi
$153,816
Median Household Income
$93,200
Median Earnings
$2,471
Median Rent
$1,003,700
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 one-bedroom residence includes a separate den, two full bathrooms, a private balcony, and two assigned parking spaces.
Where is this residential income property located?
The property is located at 8220 CRESTWOOD HEIGHTS DRIVE Unit 1410 Mc Lean, VA.
What is the asking price?
The asking price for this property is $629,999.
What are key features of this property?
This property features: 1,215‑square‑foot, 14th‑floor residence with a one‑bedroom layout and den; Two full bathrooms and two assigned parking spaces; South‑facing private balcony with courtyard and tree views
