Residential Income Property with
9540 BASTILLE STREET Unit 306, Fairfax, VA 22031
For Sale
$680,790
Two-bedroom residence with an open kitchen, private balcony, den, and access to community amenities.
Property Size1,364 SF
Price / SF$499.11
Days on Market61
Property Features for 9540 BASTILLE STREET Unit 306
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
pool
fitness
courtyard spaces
Building Details
Building Size
Year Built
Listing Agency:
Monument Sotheby's International Realty
Listed By:
Shawn M Evans · License #0225191408
(703) 795-3973
Source:
Kerishull
Added: Sep 10
Changed: Nov 7
Last Checked: Nov 8 at 2:13PM
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 Monument Sotheby's International Realty
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.
Built in 2026, this 1,364-square-foot residence offers two bedrooms and two baths within an open-concept layout. The home includes a larger den, a kitchen connected to the living area, a private balcony, and a dedicated laundry room.
Located in MetroWest Square in Fairfax, the property is near metro access, parks, and Fairfax conveniences. Residents have access to a pool, fitness area, and courtyard spaces within the community.
Located in MetroWest Square in Fairfax, the property is near metro access, parks, and Fairfax conveniences. Residents have access to a pool, fitness area, and courtyard spaces within the community.
Key Highlights
- 1,364 SF residence built in 2026
- Two bedrooms and two bathrooms
- Oversized den adds flexible interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,417
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,340
$408.3K
Cap Rate 7%
$291,671
$291.7K
Cap Rate 9%
$226,856
$226.9K
Market Conditions
NOI Build-Up for 1,364 SF
Gross rent
$39.3K $28.80/SF
− Vacancy
−$2.2K −$1.58/SF
EGI
$37.1K $27.22/SF
− OpEx
−$16.7K −$12.25/SF
NOI
$20.4K $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%
$408,340
Cap Rate 7%
$291,671
Cap Rate 9%
$226,856
Alternative Uses
Best Use
Apartment 5plus
$291.7K
$255.2K – $340.3K
NOI $20,417 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$757.6K
$662.9K – $883.9K
NOI $53,032 @ 7.0% cap · market cap 7.79%
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
243
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
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with an open kitchen, private balcony, den, and access to community amenities.
Where is this residential income property located?
The property is located at 9540 BASTILLE STREET Unit 306 Fairfax, VA.
What is the asking price?
The asking price for this property is $680,790.
What are key features of this property?
This property features: 1,364 SF residence built in 2026; Two bedrooms and two bathrooms; Oversized den adds flexible interior space
