Renovated Residential Income
For Sale
$450,000
8350 GREENSBORO DR #1017, Mc Lean, VA 22102
MCLEAN, VA
Property Size1,132 SF
Price / SF$397.53
Days on Market78
Property Features for 8350 GREENSBORO DR #1017
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2
Subdivision
ROTONDA
Elementary school
SPRING HILL
Middle school
COOPER
High school
LANGLEY
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
tennis courts
clubhouse
game room
gated entrance
security
Building Details
Year built
1978
Listing Agency:
Vienna/Tysons
(703) 938-4200
Listed By:
Melica Bliss
Added: Jul 30
Changed: Oct 13
Last Checked: Oct 15 at 6:06AM
MLS# VAFX2330808
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.
In the Rotonda community, this top-floor residence has an open layout reconfigured to connect the living area, repositioned kitchen, and enclosed balcony, now a sunroom with heated tile floors. The original F model measured 1,132 square feet. The kitchen has upgraded countertops, a breakfast area, and appliances installed in June 2026; the custom granite table may also convey. The primary suite includes a soaking tub and glass-enclosed shower, while built-in cabinetry serves both bedrooms. LVP flooring was installed in the main spaces in 2026, and the HVAC system was replaced in 2023. A separate enclosed laundry area includes storage.
West-facing windows frame sunset, city, and mountain views. Community amenities include indoor and outdoor pools, a fitness center, tennis courts, a clubhouse, and a game room. The property is within a gated community with security features and offers access to major transportation options, including the airport and Silver Line Metro stations.
West-facing windows frame sunset, city, and mountain views. Community amenities include indoor and outdoor pools, a fitness center, tennis courts, a clubhouse, and a game room. The property is within a gated community with security features and offers access to major transportation options, including the airport and Silver Line Metro stations.
Key Highlights
- Top‑floor residence in the Rotonda community
- Original F model measured 1,132 square feet; layout reconfigured to incorporate an enclosed sunroom
- Heated tile flooring in sunroom; west‑facing windows offer sunset, city, and mountain views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,945
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,900
$338.9K
Cap Rate 7%
$242,071
$242.1K
Cap Rate 9%
$188,278
$188.3K
Market Conditions
NOI Build-Up for 1,132 SF
Gross rent
$32.6K $28.80/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$30.8K $27.22/SF
− OpEx
−$13.9K −$12.25/SF
NOI
$16.9K $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%
$338,900
Cap Rate 7%
$242,071
Cap Rate 9%
$188,278
Alternative Uses
Best Use
Apartment 5plus
$242.1K
$211.8K – $282.4K
NOI $16,945 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.75M
$4.15M – $5.54M
NOI $332,154 @ 7.0% cap · market cap 73.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
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 features an enclosed sunroom with heated tile flooring and views to the west.
Where is this residential income property located?
The property is located at 8350 GREENSBORO DR #1017 Mc Lean, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Top‑floor residence in the Rotonda community; Original F model measured 1,132 square feet; layout reconfigured to incorporate an enclosed sunroom; Heated tile flooring in sunroom; west‑facing windows offer sunset, city, and mountain views
