1523 NORTHGATE SQUARE
About This Property
Inside, the home features refreshed kitchen cabinets, quartz countertops, and updated tile flooring. Brand-new LVP throughout the main living areas and new carpet in the bedroom create a warm, modern, and cozy feel. The entire condo has been freshly painted and outfitted with updated lighting for a clean, contemporary look.
Enjoy the convenience of an in-unit washer and dryer, a huge bonus in condo living.
The fully renovated bathroom is a standout, offering a beautiful walk-in shower with subway tile, a modern vanity, and updated fixtures. A full wall of natural light pours into the living room through the oversized slider, which opens to your private patio backing to trees-an ideal spot to unwind outdoors.
Parking is truly abundant here, with ample spaces for residents and large visitor lots for guests. Plus, the condo fee covers water, sewer, electric, and gas, making this an incredible value.
As part of the Reston Association, you'll enjoy an amazing lineup of amenities: pools, tennis courts, basketball courts, volleyball courts, tot lots, and miles of walking and biking trails.
Commuting is a breeze with quick access to Wiehle Ave, the Metro, Route 7, and the Toll Road. Nearby shopping, art festivals, the Reston Town Center, and even the commuter bus at the community entrance make this location unbeatable.
Owning a beautifully updated, utility-inclusive condo in Reston for under $250k is rare-this one truly has it all, with the updates to match.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/23/2026
| |
1 Bed
|
1 Bath
|
748 ft²
|
$240,000
1 Bed
1 Bath
748 ft²
|
$251,500
+4.79%
05/27/2026
|
MaryEllen Ragsdale
Pearson Smith Realty, LLC
|
|
06/02/2017
|
2 Bed
|
1 Bath
|
993 ft²
|
$189,850
2 Bed
1 Bath
993 ft²
|
$189,850
07/12/2017
|
Angela Mitchell
Reston
| |
|
10/17/2015
|
1 Bed
|
1 Bath
|
748 ft²
|
$158,000
1 Bed
1 Bath
748 ft²
|
$158,000
11/24/2015
|
Sandra Logan
Samson Properties
|
Building Info
About Reston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017