Top-Floor
For Sale
$240,000
9475 FAIRFAX BOULEVARD Unit 301, Fairfax, VA 22031
The condo fee covers utilities other than internet, along with maintenance and snow removal.
Property Size914 SF
Price / SF$262.58
Days on Market37
Property Features for 9475 FAIRFAX BOULEVARD Unit 301
General Information
Standard status
Active
Size
914 SF
Property subtype
Unit/Flat/Apartment
Property Condition
Severity
Repairs Needed
Evidence
Being sold as-is, this home is ready for your personal updates and finishing touches
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,670
Amenities
outdoor pool
tennis and basketball courts
tot lots
playgrounds
same-level laundry facilities
Building Details
Building Size
914 SF
Year Built
1963
Construction
brick
Listing Agency:
RE/MAX Gateway, LLC
Listed By:
Gary W Fitzgibbon · License #0225139479
(703) 963-8707
Source:
Wasingerco
Added: Sep 21
Changed: Oct 26
Last Checked: Oct 26 at 3:09PM
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 RE/MAX Gateway, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 914-square-foot, east-facing apartment has two bedrooms and one bathroom on the top floor of Foxcroft Colony. Built in 1963, the unit is being sold as-is. The building has laundry on the same level, and parking is available outside. Community amenities include an outdoor pool, tennis and basketball courts, tot lots, playgrounds, and maintained outdoor common areas.
The property is at 9475 Fairfax Boulevard in Fairfax, Virginia. A shopping plaza with grocery, dining, and everyday retail is nearby. Vienna Metro is less than 2 miles away; Downtown Fairfax, George Mason University, the Mosaic District, and major commuter routes are also described as nearby.
The property is at 9475 Fairfax Boulevard in Fairfax, Virginia. A shopping plaza with grocery, dining, and everyday retail is nearby. Vienna Metro is less than 2 miles away; Downtown Fairfax, George Mason University, the Mosaic District, and major commuter routes are also described as nearby.
Key Highlights
- 914‑square‑foot, two‑bedroom, one‑bathroom unit
- Top‑floor, east‑facing apartment
- Foxcroft Colony amenities include an outdoor pool, tennis and basketball courts, tot lots, and playgrounds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,681
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,620
$273.6K
Cap Rate 7%
$195,443
$195.4K
Cap Rate 9%
$152,011
$152.0K
Market Conditions
NOI Build-Up for 914 SF
Gross rent
$26.3K $28.80/SF
− Vacancy
−$1.4K −$1.58/SF
EGI
$24.9K $27.22/SF
− OpEx
−$11.2K −$12.25/SF
NOI
$13.7K $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%
$273,620
Cap Rate 7%
$195,443
Cap Rate 9%
$152,011
Alternative Uses
Best Use
Apartment 5plus
$195.4K
$171.0K – $228.0K
NOI $13,681 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.83M
$3.35M – $4.47M
NOI $268,188 @ 7.0% cap · market cap 111.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 22031, VA
35,256
Population
15,390
Households
2.3
Avg Household Size
36
Median Age
72%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,966
Density / Sq Mi
$129,743
Median Household Income
$74,178
Median Earnings
$2,267
Median Rent
$710,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - The condo fee covers utilities other than internet, along with maintenance and snow removal.
Where is this residential income property located?
The property is located at 9475 FAIRFAX BOULEVARD Unit 301 Fairfax, VA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 914‑square‑foot, two‑bedroom, one‑bathroom unit; Top‑floor, east‑facing apartment; Foxcroft Colony amenities include an outdoor pool, tennis and basketball courts, tot lots, and playgrounds
