Residential Income Condo with
9731 KINGS CROWN COURT Unit 1, Fairfax, VA 22031
For Sale
$325,000
The 1,417-square-foot home has three bedrooms, two bathrooms, and access to community amenities.
Property Size1,417 SF
Price / SF$229.36
Days on Market39
Property Features for 9731 KINGS CROWN COURT Unit 1
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Samson Properties
Listed By:
Samuel Chase Medvene · License #225231734
(703) 314-5833
Source:
Mxwrealestate
Added: Oct 2
Changed: Nov 6
Last Checked: Nov 8 at 9:22AM
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 Samson Properties
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Investment Insights
Based on property information with market context.
Built in 1973, this condominium offers 1,417 square feet with three bedrooms and two bathrooms. The layout includes a primary bedroom with an attached bath and walk-in closet, along with a private balcony, large windows, and contemporary finishes. Permitted parking and community amenities are included. The property is being sold as-is, with no repairs by the seller.
Dining, shopping, and transit options at Fairfax Circle are within walking distance.
Dining, shopping, and transit options at Fairfax Circle are within walking distance.
Key Highlights
- 1,417‑square‑foot condominium with 3 bedrooms and 2 bathrooms
- Private balcony and large windows
- Primary bedroom includes an attached bath and walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,211
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,220
$424.2K
Cap Rate 7%
$303,014
$303.0K
Cap Rate 9%
$235,678
$235.7K
Market Conditions
NOI Build-Up for 1,417 SF
Gross rent
$40.8K $28.80/SF
− Vacancy
−$2.2K −$1.58/SF
EGI
$38.6K $27.22/SF
− OpEx
−$17.4K −$12.25/SF
NOI
$21.2K $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%
$424,220
Cap Rate 7%
$303,014
Cap Rate 9%
$235,678
Alternative Uses
Best Use
Apartment 5plus
$303.0K
$265.1K – $353.5K
NOI $21,211 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$787.0K
$688.7K – $918.2K
NOI $55,093 @ 7.0% cap · market cap 16.95%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The 1,417-square-foot home has three bedrooms, two bathrooms, and access to community amenities.
Where is this residential income property located?
The property is located at 9731 KINGS CROWN COURT Unit 1 Fairfax, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,417‑square‑foot condominium with 3 bedrooms and 2 bathrooms; Private balcony and large windows; Primary bedroom includes an attached bath and walk‑in closet
