1427 NORTHGATE SQ #271A
About This Property
This beautifully renovated condo is move-in ready and offers a fantastic opportunity to live in the heart of Reston. With easy access to all the best amenities, it's the ideal blend of comfort, convenience, and style.
The interior features a renovated kitchen with new granite countertops and stainless appliances-giving the kitchen a sleek, updated look. Living area has new luxury vinyl flooring and the layout of the living, dining room, & kitchen is perfect for relaxing and entertaining opening to a sunny, private patio, with a tranquil view of lush, landscaped green space. Bathroom renovated in 2023 with a new vanity, lighting & mirror! Spacious primary bedroom offers generous closet space.
Enjoy the convenience of easy access to major routes like the Toll Road, Rt 7, and Fairfax County Parkway. The condo fee covers all utilities except cable and internet, making life even easier! Just minutes from Reston Town Center, Wiehle Ave Metro station, & walking distance to Lake Anne. You'll be perfectly located to take advantage of everything this vibrant community has to offer!
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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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Listed by Samson Properties | $249,999 | |
| Listed by Samson Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/05/2026
|
2 Bed
|
2 Bath
|
986 ft²
|
$324,900
2 Bed
2 Bath
986 ft²
|
$330,000
+1.57%
03/23/2026
|
Monika Kumar
Keller Williams - Reston/Herndon
| |
|
12/13/2024
|
1 Bed
|
1 Bath
|
748 ft²
|
$249,999
1 Bed
1 Bath
748 ft²
|
$262,500
+5.00%
01/10/2025
|
Joan Stansfield
Keller Williams Realty
| |
|
08/11/2022
| |
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
-
-
|
Rob Cox
Reston
|
|
01/02/2020
| |
2 Bed
|
2 Bath
|
-
|
$239,900
2 Bed
2 Bath
|
-
-
|
-
|
|
04/11/2019
|
1 Bed
|
1 Bath
|
748 ft²
|
$195,000
1 Bed
1 Bath
748 ft²
|
$188,000
-3.59%
07/19/2019
|
Roya Delaney
RE/MAX Gateway
|
Building Info
- 1 Unit for Sale
About Reston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017