Residential Income Property with
For Sale
$460,000
8370 GREENSBORO DRIVE Unit 411, Mc Lean, VA 22102
A two-bedroom, two-bath residence features refreshed interiors and access to extensive shared recreation and fitness amenities.
Property Size1,132 SF
Price / SF$406.36
Days on Market66
Property Features for 8370 GREENSBORO DRIVE Unit 411
General Information
Standard status
Active
Size
1,132 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,953
Amenities
indoor pool
outdoor pool
tennis courts
pickleball courts
walking trails
putting green
playgrounds
fitness facilities
EV charging stations
self car wash and vacuum
off-leash dog park
24/7 gated security
private balcony
Building Details
Building Size
1,132 SF
Year Built
1978
Listing Agency:
Corcoran McEnearney
Listed By:
Ami Dhawan · License #0225255653
(571) 318-6939
Source:
Irvinrealtyllc
Added: Aug 29
Changed: Oct 27
Last Checked: Nov 1 at 12:11PM
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 Corcoran McEnearney
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Investment Insights
Based on property information with market context.
This 1,132-square-foot residence in The Rotonda has two bedrooms, two bathrooms, and a private balcony. Interior updates completed in 2026 include renovated bathrooms, luxury vinyl plank flooring, new light fixtures, fresh paint, a replacement HVAC system, and a new electrical panel. The refrigerator was replaced in 2025, and the washer and dryer in 2024. The kitchen layout is in place for a future personalization. The building dates to 1978.
The 34-acre community includes indoor and outdoor pools, tennis and pickleball courts, walking trails, a putting green, playgrounds, fitness facilities, EV charging stations, a car wash and vacuum area, and an off-leash dog park. The property is near Tysons Corner Center, The Boro, Tysons Galleria, Spring Hill Metro, I-495, and Route 7. The community has five high-rise buildings and 24/7 gated security.
The 34-acre community includes indoor and outdoor pools, tennis and pickleball courts, walking trails, a putting green, playgrounds, fitness facilities, EV charging stations, a car wash and vacuum area, and an off-leash dog park. The property is near Tysons Corner Center, The Boro, Tysons Galleria, Spring Hill Metro, I-495, and Route 7. The community has five high-rise buildings and 24/7 gated security.
Key Highlights
- 1,132‑square‑foot, two‑bedroom, two‑bath residence
- Private balcony
- 2026 updates include two renovated bathrooms, luxury vinyl plank flooring, light fixtures, paint, HVAC, and electrical panel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,945
Cap Rate
3.68%
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 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.75M
$4.15M – $5.54M
NOI $332,154 @ 7.0% cap · market cap 72.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
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 - A two-bedroom, two-bath residence features refreshed interiors and access to extensive shared recreation and fitness amenities.
Where is this residential income property located?
The property is located at 8370 GREENSBORO DRIVE Unit 411 Mc Lean, VA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1,132‑square‑foot, two‑bedroom, two‑bath residence; Private balcony; 2026 updates include two renovated bathrooms, luxury vinyl plank flooring, light fixtures, paint, HVAC, and electrical panel
