Condominium with Community Lake
8382 BROCKHAM DRIVE Unit A, Alexandria, VA 22309
For Sale
$239,000
The 1984 residence includes an in-unit washer and dryer and a kitchen breakfast bar.
Property Size942 SF
Price / SF$253.72
Days on Market180
Property Features for 8382 BROCKHAM DRIVE Unit A
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit washer/dryer
breakfast bar
lake views
Building Details
Building Size
Year Built
Listing Agency:
Address LLC
Listed By:
Torialai Bahadery · License #0225278433
(202) 294-0463
Source:
Irvinrealtyllc
Added: May 14
Changed: Nov 8
Last Checked: Nov 8 at 3:24PM
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 Address LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 942-square-foot condominium has two bedrooms and two bathrooms, with a kitchen breakfast bar and an in-unit washer and dryer. The residence was built in 1984 and overlooks the community lake.
The unit is vacant and available for showings.
The unit is vacant and available for showings.
Key Highlights
- Two bedrooms and two bathrooms in 942 square feet
- Views of the community lake
- Kitchen with breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,440
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 942 SF
Gross rent
$27.7K $29.40/SF
− Vacancy
−$1.4K −$1.53/SF
EGI
$26.3K $27.87/SF
− OpEx
−$11.8K −$12.54/SF
NOI
$14.4K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Apartment 5plus
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$523.2K
$457.8K – $610.4K
NOI $36,625 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 22309, VA
33,773
Population
13,082
Households
2.6
Avg Household Size
38
Median Age
44%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
4,503
Density / Sq Mi
$101,556
Median Household Income
$47,738
Median Earnings
$1,749
Median Rent
$539,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The 1984 residence includes an in-unit washer and dryer and a kitchen breakfast bar.
Where is this residential income property located?
The property is located at 8382 BROCKHAM DRIVE Unit A Alexandria, VA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 942 square feet; Views of the community lake; Kitchen with breakfast bar
