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Property profile & analytics
OFF-MARKET
Estimated value
$30,035,000
Garden apartment buildings
2433 Brk Overlook Ct, Herndon, VA 20171-3435
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1254328
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1997
Construction
FRAME
Total area
153,202 SF
Lot
6.05 ac (263,407 SF)
Zoning code
PDH-20(RESIDENTIAL 20 DU)
APN
015-4-01-0003-B
UPID
US87-1254328
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nazaret Cleaning Services (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$30.04M
Owner & transaction history
Dulles II Redo LLC · 4 yrs held
Dulles II Redo LLC
since 2021
Last sale
$28.2M
1 recorded transaction
Zoning & alternative use
PDH-20(RESIDENTIAL 20 DU) · Herndon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Herndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Herndon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$28,540,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$38,220,000
6.5%
$35,280,000
7%
$32,760,000
Blend value · Realmo final
$30.04M
Range $27.03M – $33.04M · ±10% · vs last sale $28.16M (Dec 20 2021)
Last sale anchor
$28.16M
Dec 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$196 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$358,414
Tax year 2024
Assessed value
$27,183,430
Assessed 2024
Previous assessed
$26,087,240
+4.2% YoY
Effective rate
1.32%
On assessed value
Assessed land
$5,806,080
Assessed improvement
$21,377,350
Land market value
$5,806,080
Improvement market value
$21,377,350
Total market value
$27,183,430
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
OTHER
Cooling
YES
Stories
3
Total area
153,202 SF
Lot
6.05 ac (263,407 SF)
Zoning code
PDH-20(RESIDENTIAL 20 DU)
APN
015-4-01-0003-B
UPID
US87-1254328
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDH-20(RESIDENTIAL 20 DU) · Herndon, VA
Zoning PDH-20(RESIDENTIAL 20 DU) · permitted uses
PDH-20(RESIDENTIAL 20 DU) · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Herndon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
OTHER
Cooling
Yes
Stories
3
Lot
6.05 ac
Current owner
From public records · entity-resolved
Dulles II Redo LLC
Entity
Mailing address
167 W LNDG LANDING, WILLIAMSBURG, VA 23185-8255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
$28,160,000
Dulles II Redo LLC
Dulles Town Center II Associates LP
Deed
$27,200,000 · Virginia Housing Development Author
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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