12003 TURF LANE
About This Property
Opportunity knocks in the heart of Reston! Nestled on nearly an acre of land, this rare find offers endless potential for the right buyer. Built-in 1970, this 3-level home with a fully finished basement is ready for your vision. Whether you're looking to renovate, expand, or rebuild, this is your canvas.
🔹 Sold As-Is – bring your contractor and creativity
🔹 Just ONE HOA – no complex associations to navigate
🔹 Fantastic lot – almost an acre in a highly sought-after, central location
🔹 Minutes from Reston Town Center, Metro, parks, and trails
🔹 Quiet, established neighborhood with mature trees and space to breathe
🔹3.7 Miles From Reston TownCenter
🔹6 Miles From Vienna
🔹20 Min to Tyson's Corner Mall
🔹30 min from DCA Airport
🔹15 Min from IAD International Airport
Perfect for a flip, custom rebuild, or someone looking to create their dream home in one of Northern Virginia's most desirable communities. Current Assessed Total$1,004,300 (FAIRFAX COUNTY REAL ESTATE TAX ASSESSMENT).
Don't miss this chance to transform a rough gem into a show-stopping masterpiece. Showings by appointment only – contact us today!
**Showings are requested with 24 hours' notice. Showings can not be more than 45 minutes. The property is occupied.
**Do NOT knock at the door if the showing is not scheduled and approved. Showing will be planned with the SUB listing agent only.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Listed by Keller Williams Realty | $915,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017