Updated Residential Income
For Sale
$389,000
8350 GREENSBORO DR #1009, Mc Lean, VA 22102
MCLEAN, VA
Property Size992 SF
Price / SF$392.14
Days on Market120
Property Features for 8350 GREENSBORO DR #1009
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1
Subdivision
ROTONDA
High school
MCLEAN
Elementary school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district
FAIRFAX COUNTY PUBLIC SCHOOLS
High school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
indoor pool
outdoor pool
fitness center
yoga and spa areas
saunas
tennis courts
basketball courts
volleyball courts
walking trails
golf putting green
dog park
children's play areas
picnic gazebo
library
business center
game room
general store
car wash and vacuum station
concierge
balcony
washer/dryer
storage unit
Building Details
Year built
1978
Listing Agency:
Reston
(703) 437-3800
Listed By:
Zoe Arefzadeh
Added: Jun 18
Changed: Aug 21
Last Checked: Oct 15 at 7:06AM
MLS# VAFX2322216
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 992-square-foot, one-bedroom residence occupies the 10th floor and includes an open living and dining arrangement, a large balcony, and panoramic views across the community. Improvements include wood flooring in the living, dining, and bedroom areas, ceramic tile in the kitchen, granite countertops, tall cabinetry, updated lighting, fresh paint, and a renovated bathroom with a glass shower. A full-size washer and dryer are located inside the unit. The property also includes a deeded garage parking space and a separate storage unit.
The Rotonda is a private gated community set across 34 landscaped acres and offers indoor and outdoor pools, a fitness center, tennis and other courts, walking trails, a putting green, dog areas, children’s play spaces, a business center, library, game room, general store, car wash, and concierge service. The residence is directly across from The Boro, with Whole Foods, restaurants, shops, a movie theater, and a bakery within walking distance. Route 7, I-495, the Dulles Toll Road, and Silver Line Metro provide regional access.
The Rotonda is a private gated community set across 34 landscaped acres and offers indoor and outdoor pools, a fitness center, tennis and other courts, walking trails, a putting green, dog areas, children’s play spaces, a business center, library, game room, general store, car wash, and concierge service. The residence is directly across from The Boro, with Whole Foods, restaurants, shops, a movie theater, and a bakery within walking distance. Route 7, I-495, the Dulles Toll Road, and Silver Line Metro provide regional access.
Key Highlights
- 992 SF one‑bedroom residence on the 10th floor
- Large balcony with panoramic views across the 34‑acre community
- Deeded garage parking space plus a separate storage unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,849
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,980
$297.0K
Cap Rate 7%
$212,129
$212.1K
Cap Rate 9%
$164,989
$165.0K
Market Conditions
NOI Build-Up for 992 SF
Gross rent
$28.6K $28.80/SF
− Vacancy
−$1.6K −$1.58/SF
EGI
$27.0K $27.22/SF
− OpEx
−$12.1K −$12.25/SF
NOI
$14.8K $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%
$296,980
Cap Rate 7%
$212,129
Cap Rate 9%
$164,989
Alternative Uses
Best Use
Apartment 5plus
$212.1K
$185.6K – $247.5K
NOI $14,849 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.16M
$3.64M – $4.85M
NOI $291,075 @ 7.0% cap · market cap 74.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,228
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor residence with a balcony, deeded garage space, private storage, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 8350 GREENSBORO DR #1009 Mc Lean, VA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 992 SF one‑bedroom residence on the 10th floor; Large balcony with panoramic views across the 34‑acre community; Deeded garage parking space plus a separate storage unit
