Two-Bedroom Corner
For Sale
$779,000
9555 SAINTSBURY DRIVE Unit 503, Fairfax, VA 22031
Corner residence in a 55+ community with open living areas, a private balcony, and two assigned garage spaces.
Property Size1,546 SF
Price / SF$503.88
Days on Market259
Property Features for 9555 SAINTSBURY DRIVE Unit 503
General Information
Standard status
Active
Size
1,546 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Multifamily Units
1
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$8,791
Amenities
heated indoor pool
fitness center with yoga room
entertainment lounge with full kitchen
courtyard with grilling/dining area
quiet library
secure coded garage entry
Building Details
Building Size
1,546 SF
Year Built
2021
Listing Agency:
Libra Realty, LLC
(202) 498-5006
Listed By:
Rong Ma · License #0225088314
(202) 498-5006
Source:
Barnesrealestatecompany
Added: Dec 5, 2025
Changed: Aug 19
Last Checked: Aug 21 at 11:22AM
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 Libra Realty, LLC
Investment Insights
Based on property information with market context.
This 1,546-square-foot corner condominium, completed in 2021, offers two bedrooms and two full bathrooms within an open interior plan. Hardwood flooring extends through the hall, kitchen, and family room, while high ceilings and southern exposure bring natural light into the living spaces. The kitchen includes granite counters, stainless-steel appliances, a pantry, and an island with seating. A balcony overlooks the courtyard, and the primary suite includes two walk-in closets, dual vanities, and a linen closet. Custom window treatments, a full-size laundry closet, and additional storage closets add practical functionality.
The residence includes assigned garage spaces G29 and G30, with elevator access nearby and coded entry to the garage. Community amenities include a heated indoor pool, fitness center with yoga room, entertainment lounge with full kitchen, courtyard grilling and dining area, and library. The Atrium at MetroWest is a 55+ community located near the Vienna Metro, I-66, downtown Vienna, parks, trails, and the Mosaic District.
The residence includes assigned garage spaces G29 and G30, with elevator access nearby and coded entry to the garage. Community amenities include a heated indoor pool, fitness center with yoga room, entertainment lounge with full kitchen, courtyard grilling and dining area, and library. The Atrium at MetroWest is a 55+ community located near the Vienna Metro, I-66, downtown Vienna, parks, trails, and the Mosaic District.
Key Highlights
- 1,546‑square‑foot corner condominium built in 2021
- Two bedrooms and two full bathrooms with an open floor plan
- Kitchen features granite counters, stainless‑steel appliances, pantry, and island seating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,142
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$462,840
$462.8K
Cap Rate 7%
$330,600
$330.6K
Cap Rate 9%
$257,133
$257.1K
Market Conditions
NOI Build-Up for 1,546 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.5K $28.80/SF
− Vacancy
−$2.4K −$1.58/SF
EGI
$42.1K $27.22/SF
− OpEx
−$18.9K −$12.25/SF
NOI
$23.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$462,840
Cap Rate 7%
$330,600
Cap Rate 9%
$257,133
Alternative Uses
Best Use
Apartment 5plus
$330.6K
$289.3K – $385.7K
NOI $23,142 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.48M
$5.67M – $7.56M
NOI $453,631 @ 7.0% cap · market cap 58.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
482
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 - Corner residence in a 55+ community with open living areas, a private balcony, and two assigned garage spaces.
Where is this residential income property located?
The property is located at 9555 SAINTSBURY DRIVE Unit 503 Fairfax, VA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 1,546‑square‑foot corner condominium built in 2021; Two bedrooms and two full bathrooms with an open floor plan; Kitchen features granite counters, stainless‑steel appliances, pantry, and island seating
