$330,000
●
Condo -
Off Market
1427 NORTHGATE SQUARE #2722B
RESTON, VA 20190
2 Beds
2 Baths
986 Ft²
$2,620
Est. Monthly
$726
HOA / Fees
About This Property
Beautifull NEUTRAL 2BR/2BA condo in the desirable Northgate Square
community of Reston-an ideal opportunity for first-time home buyers
or investors seeking a low-maintenance lifestyle. This light-filled
home has been thoughtfully refreshed with fresh neutral paint, new
flooring in the kitchen and bathrooms, and modern lighting,
creating a clean, contemporary feel throughout.
The kitchen features updated cabinet hardware, a brand-new refrigerator, and a new washer/dryer combo (single unit) for everyday convenience. Both bathrooms have been tastefully updated, and new blinds complete this truly move-in-ready home.
Condo fee includes electric, gas, water, trash, snow removal, HVAC system maintenance, building master insurance, and common area maintenance
The condo fee covers all utilities, including electric, gas, water, trash, snow removal, along with HVAC system maintenance, building insurance, and common area upkeep-making monthly costs more predictable and ownership easier, especially for those buying their first home.
Enjoy access to Reston Association amenities including pools, tennis courts, trails, playgrounds, and lakes. Ideally located near Lake Anne, Reston Town Center, and the Silver Line Metro, with easy commuter access to Route 267, Route 7, and the Dulles Tech Corridor.
A turnkey, low-maintenance home in one of Reston's most established and well-connected communities.
The kitchen features updated cabinet hardware, a brand-new refrigerator, and a new washer/dryer combo (single unit) for everyday convenience. Both bathrooms have been tastefully updated, and new blinds complete this truly move-in-ready home.
Condo fee includes electric, gas, water, trash, snow removal, HVAC system maintenance, building master insurance, and common area maintenance
The condo fee covers all utilities, including electric, gas, water, trash, snow removal, along with HVAC system maintenance, building insurance, and common area upkeep-making monthly costs more predictable and ownership easier, especially for those buying their first home.
Enjoy access to Reston Association amenities including pools, tennis courts, trails, playgrounds, and lakes. Ideally located near Lake Anne, Reston Town Center, and the Silver Line Metro, with easy commuter access to Route 267, Route 7, and the Dulles Tech Corridor.
A turnkey, low-maintenance home in one of Reston's most established and well-connected communities.
Unit Size
986 Ft²
Days on Market
-
Land Size
-
Price per sqft
$330
Property Type
Condo
Property Taxes
$298
HOA Dues
$726
Year Built
-
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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: 8 months ago (Bright MLS #VAFX2286244)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Pearson Smith Realty, LLC | $324,900 | |
| Listed by Pearson Smith Realty, LLC | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Permit Included
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Walk-In Closet(s), Formal/Separate Dining Room, Kitchen - Table Space, Wood Floors
Appliances: Microwave, Dishwasher, Disposal, Dryer, Gas Oven, Refrigerator, Stainless Steel Appliance(s), ENERGY STAR Clothes Washer
Flooring Type: Vinyl, Laminate Plank
Rooms: 7
Exterior Details
Has Property Attached
Square Footage: 986
Square Footage Source: $0
Property Condition: Excellent
Architectural Style: Contemporary
Year Built Source: Assessor
Year Built: 1971
Building Name: NORTHGATE CONDO
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Other
Patio and Porch Features: Balcony
Water Source: Public
Financial Details
Tax Annual Amount: $3,578
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Electricity, Gas, Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Pest Control, Insurance, Ext Bldg Maint, Management, Parking Fee, Recreation Facility, Lawn Maintenance
HOA/Condo/Coop Amenities: Concierge, Clubhouse, Dog Park, Exercise Course, Fitness Center, Game Room, Golf Course, Party Room, Picnic Area, Tennis Court(s), Basketball Courts, Baseball Field, Bike Trail, Jog/Walk Path, Lake, Library, Non-Lake Recreational Area, Pool - Indoor, Pool - Outdoor, Recreational Center, Soccer Field, Swimming Pool, Tennis - Indoor, Tot Lots/Playground, Volleyball Courts
HOA Fee: $75
HOA Fee Frequency: Monthly
Condo/Coop Fee: $651
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 |
|---|---|---|---|---|---|---|---|
|
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
1427 Northgate Square
1427 Northgate Square, Reston, VA 20190
- 1 Unit for Sale
About Reston
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Listed by: Monika Kumar
Pearson Smith Realty, LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# VAFX2286244
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Pearson Smith Realty, LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# VAFX2286244
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