Two-Bedroom Residential Income
For Sale
$712,290
9540 BASTILLE STREET Unit 604, Fairfax, VA 22031
Open-concept living areas connect to a private balcony, with an oversized den and dedicated laundry room.
Property Size1,344 SF
Days on Market28
Property Features for 9540 BASTILLE STREET Unit 604
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$7,201
Building Details
Building Size
1,344 SF
Year Built
2026
Listing Agency:
Monument Sotheby's International Realty
Listed By:
Shawn M Evans · License #0225191408
(703) 795-3973
Source:
Barnesrealestatecompany
Added: Sep 10
Changed: Oct 3
Last Checked: Oct 6 at 12:00AM
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
Investment Insights
Based on property information with market context.
Built in 2026, this two-bedroom, two-bath residence features an oversized den alongside an open kitchen and living area. A private balcony extends from the living space, while a separate laundry room adds functional convenience. The layout provides distinct areas for living, dining, and flexible use without compromising the open flow between the kitchen and main living area.
MetroWest Square offers access to a pool, fitness center, and courtyard spaces. The community is positioned near metro access and parks, with Fairfax conveniences nearby. The property is identified as Unit 604 at 9540 Bastille Street.
MetroWest Square offers access to a pool, fitness center, and courtyard spaces. The community is positioned near metro access and parks, with Fairfax conveniences nearby. The property is identified as Unit 604 at 9540 Bastille Street.
Key Highlights
- 2‑bedroom, 2‑bath residence with an oversized den
- Open kitchen and living area with private balcony access
- Separate laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,118
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,360
$402.4K
Cap Rate 7%
$287,400
$287.4K
Cap Rate 9%
$223,533
$223.5K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$38.7K $28.80/SF
− Vacancy
−$2.1K −$1.58/SF
EGI
$36.6K $27.22/SF
− OpEx
−$16.5K −$12.25/SF
NOI
$20.1K $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%
$402,360
Cap Rate 7%
$287,400
Cap Rate 9%
$223,533
Alternative Uses
Best Use
Apartment 5plus
$287.4K
$251.5K – $335.3K
NOI $20,118 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.63M
$4.93M – $6.57M
NOI $394,360 @ 7.0% cap · market cap 55.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept living areas connect to a private balcony, with an oversized den and dedicated laundry room.
Where is this residential income property located?
The property is located at 9540 BASTILLE STREET Unit 604 Fairfax, VA.
What is the asking price?
The asking price for this property is $712,290.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath residence with an oversized den; Open kitchen and living area with private balcony access; Separate laundry room
