Residential Income Property with
For Sale
$375,000
8370 GREENSBORO DRIVE Unit 402, Mc Lean, VA 22102
Updated interiors, community recreation facilities, and garage parking add practical features to this residential unit.
Property Size902 SF
Price / SF$415.74
Days on Market117
Property Features for 8370 GREENSBORO DRIVE Unit 402
General Information
Standard status
Active
Size
902 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,068
Amenities
indoor pool
outdoor pool
clubhouse
fitness center
yoga studio
tennis court
basketball court
volleyball
putting green
walking trails
dog park
game rooms
general store
electric vehicle chargers
DIY car wash and vacuum stations
private balcony
dedicated storage unit
Building Details
Building Size
902 SF
Year Built
1980
Listing Agency:
Redfin Corporation
Listed By:
Cheryl H Wood
(571) 302-0012
Source:
Jackrealtygroup
Added: Jul 9
Changed: Oct 27
Last Checked: Oct 31 at 2:30PM
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 Redfin Corporation
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Investment Insights
Based on property information with market context.
This 902-square-foot residential unit includes a remodeled kitchen and bathrooms, wood flooring, and a den converted to an additional bedroom. A private balcony faces tree cover, and the unit also comes with a dedicated storage space and garage parking. The building dates to 1980; doors and a washer and dryer were installed in August 2026.
The home is part of The Rotonda, a gated community spanning 34 acres. Shared amenities include indoor and outdoor pools, a fitness center, yoga studio, clubhouse, tennis and basketball courts, walking trails, a dog park, and a putting green. Residents also have access to a general store, game rooms, electric vehicle chargers, and car-wash and vacuum stations. Tysons Corner shopping, dining, entertainment, Metro, and major commuter routes are described as minutes away.
The home is part of The Rotonda, a gated community spanning 34 acres. Shared amenities include indoor and outdoor pools, a fitness center, yoga studio, clubhouse, tennis and basketball courts, walking trails, a dog park, and a putting green. Residents also have access to a general store, game rooms, electric vehicle chargers, and car-wash and vacuum stations. Tysons Corner shopping, dining, entertainment, Metro, and major commuter routes are described as minutes away.
Key Highlights
- 902‑square‑foot unit with a den converted to an additional bedroom
- Private balcony with tree views
- Remodeled kitchen and bathrooms; wood floors, doors, and washer/dryer installed August 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,502
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,040
$270.0K
Cap Rate 7%
$192,886
$192.9K
Cap Rate 9%
$150,022
$150.0K
Market Conditions
NOI Build-Up for 902 SF
Gross rent
$26.0K $28.80/SF
− Vacancy
−$1.4K −$1.58/SF
EGI
$24.5K $27.22/SF
− OpEx
−$11.0K −$12.25/SF
NOI
$13.5K $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%
$270,040
Cap Rate 7%
$192,886
Cap Rate 9%
$150,022
Alternative Uses
Best Use
Apartment 5plus
$192.9K
$168.8K – $225.0K
NOI $13,502 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.78M
$3.31M – $4.41M
NOI $264,667 @ 7.0% cap · market cap 70.58%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,832
Businesses Nearby
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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 - Updated interiors, community recreation facilities, and garage parking add practical features to this residential unit.
Where is this residential income property located?
The property is located at 8370 GREENSBORO DRIVE Unit 402 Mc Lean, VA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 902‑square‑foot unit with a den converted to an additional bedroom; Private balcony with tree views; Remodeled kitchen and bathrooms; wood floors, doors, and washer/dryer installed August 2026
