Two-Level
For Sale
$580,000
8856 ASHGROVE HOUSE LN #102, Vienna, VA 22182
VIENNA, VA
Property Size1,530 SF
Price / SF$379.08
Days on Market52
Property Features for 8856 ASHGROVE HOUSE LN #102
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1
Subdivision
WESTWOOD VILLAGE
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
clubhouse
fitness center
outdoor swimming pool
private balcony
fireplace
Building Details
Year built
2000
Listing Agency:
Potomac Village
(301) 299-6000
Listed By:
Harriet R Kline · License #0225268931
(301) 466-4066
Added: Aug 25
Changed: Oct 15
Last Checked: Oct 15 at 8:06AM
MLS# VAFX2337420
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 two-level condominium offers 2 bedrooms, 2 full baths, and approximately 1,530 square feet. The entry foyer leads to a kitchen with a bay-windowed eating area and adjoining dining and family room anchored by a fireplace. A second family room occupies the lower level, and a private balcony extends the living space outdoors. Carpet, the water heater, and the refrigerator have been replaced. The home was built in 2000.
Community facilities include a clubhouse, fitness center, and outdoor pool. The property is one block from Metro and near Wolf Trap, Tysons West shopping, restaurants, and grocery stores. Access routes include the Dulles Toll Road, I-495, Route 7, and I-66.
Community facilities include a clubhouse, fitness center, and outdoor pool. The property is one block from Metro and near Wolf Trap, Tysons West shopping, restaurants, and grocery stores. Access routes include the Dulles Toll Road, I-495, Route 7, and I-66.
Key Highlights
- Two‑level condo with 2 bedrooms, 2 full baths, and approximately 1,530 sq. ft.
- Lower‑level family room and private balcony
- Kitchen features an eat‑in area with bay windows; adjoining dining/family room has a fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,902
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,040
$458.0K
Cap Rate 7%
$327,171
$327.2K
Cap Rate 9%
$254,467
$254.5K
Market Conditions
NOI Build-Up for 1,530 SF
Gross rent
$44.1K $28.80/SF
− Vacancy
−$2.4K −$1.58/SF
EGI
$41.6K $27.22/SF
− OpEx
−$18.7K −$12.25/SF
NOI
$22.9K $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%
$458,040
Cap Rate 7%
$327,171
Cap Rate 9%
$254,467
Alternative Uses
Best Use
Apartment 5plus
$327.2K
$286.3K – $381.7K
NOI $22,902 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.41M
$5.61M – $7.48M
NOI $448,936 @ 7.0% cap · market cap 77.40%
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
1,216
Businesses Nearby
Explore this area
Business Placement
Demographics for 22182, VA
27,778
Population
10,285
Households
2.7
Avg Household Size
42
Median Age
82%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,222
Density / Sq Mi
$200,038
Median Household Income
$102,749
Median Earnings
$2,618
Median Rent
$1,086,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A private balcony and a second family room add flexible living space to the residence.
Where is this residential income property located?
The property is located at 8856 ASHGROVE HOUSE LN #102 Vienna, VA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Two‑level condo with 2 bedrooms, 2 full baths, and approximately 1,530 sq. ft.; Lower‑level family room and private balcony; Kitchen features an eat‑in area with bay windows; adjoining dining/family room has a fireplace
