$280,000
●
Condo -
Off Market
11717 SUMMERCHASE CIRCLE
RESTON, VA 20194
1 Bed
1 Bath
700 Ft²
$2,079
Est. Monthly
$451
HOA / Fees
5.41%
Cap Rate
About This Property
Completely renovated one level living one bedroom/one bath condo
with balcony that faces trees. It is one level off ground level in
back while ground level in front (easy walk from the parking
lot). This unit has been completely renovated from top to bottom!
New floors, new baseboards, all new hardware, brand new
kitchen appliances, new quartz countertops, brand new
bathroom vanity, lighting, toilet and newly tiled. The
windows and slider door were replaced approximately 10 years ago.
This home is move in ready! The location is within minutes to
the North Point Shopping Center. There is a Fairfax County
Connecter bus stop in front of the community. Enjoy all Reston
Association Amenities which include 13 pools, tennis courts, lakes,
miles and mile of walking trails, ball fields and tot lots.
Unit Size
700 Ft²
Days on Market
23 days
Land Size
-
Price per sqft
$400
Property Type
Condo
Property Taxes
$253
HOA Dues
$451
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (Bright MLS #VAFX2238636)
Price History
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Unassigned, Lighted Parking, Paved Parking
Interior Details
Full Bathrooms: 1
Appliances: Dishwasher, Disposal, Exhaust Fan, Ice Maker, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater, Stove
Flooring Type: Luxury Vinyl Plank
Rooms: 4
Exterior Details
Square Footage: 700
Square Footage Source: $0
Property Condition: Excellent
Architectural Style: Other
Year Built Source: Assessor
Year Built: 1988
Building Name: SUMMERRIDGE CONDO
Levels: 1
Other Structures: Above Grade, Below Grade
Window Features: Casement, Energy Efficient
Construction Materials: Vinyl Siding
Patio and Porch Features: Balcony
Lot Size Units: Square Feet
Water Source: Public
Financial Details
Tax Annual Amount: $3,040
Utilities Details
Cooling Type: Central A/C
Heating Type: Heat Pump(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Insurance, Snow Removal, Trash, Water, Ext Bldg Maint, Management, Lawn Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Picnic Area, Tennis Court(s), Baseball Field, Basketball Courts, Common Grounds, Community Center, Jog/Walk Path, Pier/Dock, Pool - Outdoor, Recreational Center, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
HOA Fee: $848
HOA Fee Frequency: Annually
Condo/Coop Fee: $380
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2025
| |
1 Bed
|
1 Bath
|
700 ft²
|
$280,000
1 Bed
1 Bath
700 ft²
|
$280,000
06/23/2025
|
Suzanne Parisi
Century 21 Redwood Realty
|
|
02/20/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$270,000
1 Bed
1 Bath
700 ft²
|
$275,000
+1.85%
03/13/2024
|
Kiva Addley
Keller Williams Preferred Properties
| |
|
09/15/2022
| |
1 Bed
|
1 Bath
|
700 ft²
|
$229,900
1 Bed
1 Bath
700 ft²
|
-
-
|
Gaylie Corens
KW United
|
|
05/21/2020
|
1 Bed
|
1 Bath
|
700 ft²
|
$259,999
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Building Info
About Reston
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Listed by: Suzanne T Parisi
Century 21 Redwood Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAFX2238636
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Century 21 Redwood Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAFX2238636
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