1540 NORTHGATE SQUARE #32C
About This Property
The manager has listed the unit size as 1234 square feet.
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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%.
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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 |
|---|---|---|---|
| Jul 28, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | No longer available | - | |
| No longer available | |||
| Apr 8, 2020 | No longer available | - | |
| No longer available | |||
| Nov 18, 2019 | Listed | $295,000 | |
| Listed | |||
| | |||
|
Beautiful top floor condo in the heart of Reston. Lovely hardwood floors throughout the unit. Kitchen is updated with granite countertops and bathroom updated with newer vanity. Newer washer and dryer. Large private patio to relax on! Condo fees include water, electricity, and gas among other things. Close to playground, trails, tennis courts, bus stops Lake Anne Plaza and Reston Town Center. The manager has listed the unit size as 1234 square feet.
| |||
| Oct 26, 2019 | Price Decreased |
$295,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2026
|
2 Bed
|
1 Bath
|
986 ft²
|
$318,000
2 Bed
1 Bath
986 ft²
|
$302,000
-5.03%
08/14/2026
|
Roxanne Watts
Coldwell Banker Realty
| |
|
04/25/2025
|
3 Bed
|
2 Bath
|
1234 ft²
|
$385,000
3 Bed
2 Bath
1234 ft²
|
$375,000
-2.60%
08/04/2025
|
Guillermo Salmon
Samson Properties
| |
|
01/19/2021
| |
3 Bed
|
2 Bath
|
-
|
$320,000
3 Bed
2 Bath
|
-
-
|
-
|
|
12/27/2019
|
1 Bed
|
1 Bath
|
748 ft²
|
$200,000
1 Bed
1 Bath
748 ft²
|
$192,000
-4.00%
01/29/2020
|
David Ingram
Weichert, REALTORS
| |
|
09/19/2019
|
3 Bed
|
2 Bath
|
1234 ft²
|
$299,900
3 Bed
2 Bath
1234 ft²
|
$290,000
-3.30%
07/28/2020
|
Gitte Long
|
Building Info
About Reston
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