16
Map
$230,000
●
Condo -
Off Market
1530 LINCOLN WAY #302
MCLEAN, VA 22102
1 Bed
1 Bath
624 Ft²
$228,641
RealtyHop Estimate
-0.55%
Since Jul 1, 2023
DC-Washington
Primary Model
About This Property
Great top floor condo in Fountains at Mclean, close to Galleria,
Harris Teeter steps away and other upscale restaurants and shopping
centers. Great club house with outdoor pool, sauna, gym and large
party & game rooms. HVAC and Water heater replaced brand new in
Feb. 2022. High cathedral ceiling in living room. Washer & Dryer
inside the unit. Surface parking lot unreserved. More than a 1/3 of
residents do not have reserved parking lot. Plenty unreserved lots
for only residents with hanging sticker.
Home sold AS-IS. Any desired TLC left for the new buyer as they wish to design. Priced with the fact that home does need upgrades except HVAC and WH which are a year new.
Home sold AS-IS. Any desired TLC left for the new buyer as they wish to design. Priced with the fact that home does need upgrades except HVAC and WH which are a year new.
Unit Size
624 Ft²
Days on Market
-
Land Size
-
Price per sqft
$368
Property Type
Condo
Property Taxes
$202
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
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Operating Profit Per Year
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: 2 years ago (Bright MLS #VAFX2124518)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | In contract | - | |
| In contract | |||
| May 5, 2023 | Listed by Realty Brokerage Solutions | $229,900 | |
| Listed by Realty Brokerage Solutions | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Parking Lot, Other
Interior Details
Bedrooms on Main Level: 1
Interior Features: Carpet, Floor Plan - Traditional, Other
Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Living Area Square Feet Source: Assessor
Has Fireplace
Brick, Mantel(s), Screen, Wood
Fireplaces: 1
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Window Features: Screens
Construction Materials: Vinyl Siding, Brick, Brick Front
Unit Building Type: Garden 1 - 4 Floors
Building Name: FOUNTAINS AT
Community Pool
Tidal Water: N
Land Assessed Value: $203,100
Finished Square Feet: 624
Finished Square Feet Source: 624
Financial Details
Tax Assessed Value: $203,100
Tax Year: 2023
Tax Annual Amount: $2,424
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air, Heat Pump - Electric BackUp
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Community, Public
Location Details
HOA/Condo/Coop Fee Includes: All Ground Fee, Ext Bldg Maint, Health Club, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Club House, Community Center, Common Grounds, Pool - Outdoor, Swimming Pool, Other
Condo/Coop Fee: $619
Washer/Dryer/Hook Up in Unit: Yes
1530 LINCOLN WAY #302, MCLEAN, VA, 22102
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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
Condo
1
Bed
1
Bath
624 ft²
$333/ft²
$207,500
Jan 27, 2017
$207,500
Feb 13, 2017
-
Condo
1
Bed
1
Bath
626 ft²
$381/ft²
$238,500
Mar 6, 2023
$238,500
Apr 20, 2023
-
Condo
1
Bed
1
Bath
762 ft²
$315/ft²
$240,000
Nov 10, 2022
$240,000
Jan 13, 2023
-
In Contract
House
1
Bed
1
Bath
624 ft²
$432/ft²
$269,500
Nov 30, -0001
-
$859/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/05/2023
|
1 Bed
|
1 Bath
|
624 ft²
|
$229,900
1 Bed
1 Bath
624 ft²
|
$230,000
+0.04%
06/13/2023
|
-
|
Wahid Azimi
Realty Brokerage Solutions
| |
|
11/10/2022
|
1 Bed
|
1 Bath
|
762 ft²
|
$235,000
1 Bed
1 Bath
762 ft²
|
$240,000
+2.13%
01/13/2023
|
-
|
Jewell C Hudson
Wasinger & Co Properties, LLC.
| |
|
09/12/2019
|
1 Bed
|
1 Bath
|
762 ft²
|
$259,900
1 Bed
1 Bath
762 ft²
|
-
-
|
-
|
-
| |
|
03/16/2019
|
1 Bed
|
1 Bath
|
624 ft²
|
$225,000
1 Bed
1 Bath
624 ft²
|
-
-
|
-
|
-
| |
|
06/14/2018
| |
1 Bed
|
1 Bath
|
624 ft²
|
-
1 Bed
1 Bath
624 ft²
|
-
-
|
-
|
-
|
|
04/04/2018
|
1 Bed
|
1 Bath
|
624 ft²
|
-
1 Bed
1 Bath
624 ft²
|
-
-
|
-
|
-
| |
|
01/27/2017
|
1 Bed
|
1 Bath
|
624 ft²
|
$199,900
1 Bed
1 Bath
624 ft²
|
$207,500
+3.80%
02/13/2017
|
-
|
Casey C Samson
Samson Properties
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
624 ft²
|
$269,500
1 Bed
1 Bath
624 ft²
|
$260,000
-3.53%
05/08/2025
|
-
|
Byung H Soh
S & S Realty & Investment, LLC
|
Building Info
About Tysons Corner
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Listed by: Wahid Azimi
Realty Brokerage Solutions
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VAFX2124518
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 2024 Bright MLS, Inc.
Realty Brokerage Solutions
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VAFX2124518
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
