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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Garden apartment buildings
7402 Parkwood Ct Falls Church, VA 22042-0066
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1930934
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1964
Construction
BRICK
Lot
12.46 ac (542,845 SF)
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
050-3-01-0005-C
UPID
US87-1930934
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Monticello Falls Church LLC · 4 yrs held
Monticello Falls Church LLC
since 2022
5 recorded transactions
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · Falls Church, 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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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
by Request
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10%
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
—
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
$739,824
Tax year 2024
Assessed value
$62,830,060
Assessed 2024
Previous assessed
$64,879,320
-3.2% YoY
Effective rate
1.18%
On assessed value
Assessed land
$10,032,000
Assessed improvement
$52,798,060
Land market value
$10,032,000
Improvement market value
$52,798,060
Total market value
$62,830,060
Applied tax rate
50,100.0000
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
1964
Construction
BRICK
Heating
HOT WATER
Cooling
YES
Stories
3
Rooms
979
Lot
12.46 ac (542,845 SF)
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
050-3-01-0005-C
UPID
US87-1930934
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · Falls Church, VA
Zoning R-20(RESIDENTIAL 20 DU/AC · permitted uses
R-20(RESIDENTIAL 20 DU/AC · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
3
Rooms
979
Lot
12.46 ac
Current owner
From public records · entity-resolved
Monticello Falls Church LLC
Entity
Mailing address
106 S ROOSEVELT ST, FALLS CHURCH, VA 22042-2430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2022
—
Monticello Falls Church LLC
Monticello Gardens LLC
Intrafamily Transfer
related
$32,000,000 · Cbre Capital Markets INC
Sep 27, 2012
—
Monticello Gardens LLC
—
Deed Of Trust
related
$30,500,000 · Manufacturers Traders & Trust
Aug 14, 2012
—
Monticello Gardens LLC
Snell Construction Corp
Grant Deed
related
—
May 2, 2012
—
John R Eakin Group LLC
Eakin,john R JR
Quit Claim Deed
related
—
—
—
Monticello Gardens LLC
—
Deed Of Trust
related
$32,000,000 · John Hancock Life Insurance Co
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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