$633,239*
●
Condo -
Off Market
1550 SPRING GATE DRIVE #8408
MCLEAN, VA 22102
3 Beds
2 Baths
1,272 Ft²
$428,000 - $522,000
Reference Base Price*
33.31%
Since Oct 1, 2019
DC-Washington
Primary Model
About This Property
Location, location, location! Beautifully renovated top floor
3bedroom 2bath condo in the heart of Tysons Corner with balcony and
garden view. 2 assigned parking spaces and elevator in the
building. Walk to metro, Tysons Corner mall and the Capitol One
Headquarters campus being built now including a Wegmans, a
performing arts center, an elevated skypark with restaurants,
outdoor amphitheater, retail stores etc. Easy access to I-66,
Dulles Toll Road, and the 495 Beltway, Great community amenities
include a pool, fitness center, and clubhouse. Tenant lease goes
until July 4, 2019. Perfect for investors as tenants know a family
who would love to lease the property once their lease term
ends.
The manager has listed the unit size as 1272 square feet.
The manager has listed the unit size as 1272 square feet.
Unit Size
1,272 Ft²
Days on Market
-
Land Size
-
Price per sqft
$373
Property Type
Condo
Property Taxes
$4,985
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2019 | Listed | $475,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
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 |
|---|---|---|---|---|---|---|---|
|
07/30/2024
|
3 Bed
|
2 Bath
|
1272 ft²
|
$545,000
3 Bed
2 Bath
1272 ft²
|
$532,000
-2.39%
09/09/2024
|
Jeff Wu
Keller Williams Capital Properties
| |
|
06/20/2024
|
3 Bed
|
2 Bath
|
1272 ft²
|
$575,000
3 Bed
2 Bath
1272 ft²
|
$555,000
-3.48%
10/01/2024
|
Jeff Wu
Keller Williams Capital Properties
| |
|
09/22/2023
|
3 Bed
|
2 Bath
|
1272 ft²
|
$538,000
3 Bed
2 Bath
1272 ft²
|
$551,000
+2.42%
10/05/2023
|
Robert D Clark
The Virtual Realty Group
| |
|
08/18/2023
|
1 Bed
|
1 Bath
|
815 ft²
|
$335,000
1 Bed
1 Bath
815 ft²
|
$366,000
+9.25%
09/12/2023
|
David Sande
Doorstep Property Management, LLC
| |
|
03/22/2022
|
3 Bed
|
2 Bath
|
1272 ft²
|
$499,900
3 Bed
2 Bath
1272 ft²
|
-
-
|
Jeff Wu
Keller Williams Capital Properties
| |
|
03/03/2021
|
3 Bed
|
2 Bath
|
1272 ft²
|
$485,000
3 Bed
2 Bath
1272 ft²
|
-
-
|
-
| |
|
06/01/2020
|
1 Bed
|
1 Bath
|
655 ft²
|
$320,000
1 Bed
1 Bath
655 ft²
|
$305,000
-4.69%
08/13/2020
|
Are Andresen
| |
|
10/19/2019
|
2 Bed
|
2 Bath
|
1149 ft²
|
$489,000
2 Bed
2 Bath
1149 ft²
|
$489,000
01/16/2020
|
koteeshwar ramuni
Ikon Realty
| |
|
03/07/2019
| |
2 Bed
|
2 Bath
|
-
|
$429,000
2 Bed
2 Bath
|
-
-
|
-
|
|
03/06/2019
|
3 Bed
|
2 Bath
|
1272 ft²
|
$475,000
3 Bed
2 Bath
1272 ft²
|
-
-
|
-
| |
|
04/20/2012
|
2 Bed
|
2 Bath
|
1149 ft²
|
$354,900
2 Bed
2 Bath
1149 ft²
|
$345,000
-2.79%
05/04/2012
|
Cheryl Kenny
Golden Realtors, LLC
| |
|
03/11/2012
|
1 Bed
|
1 Bath
|
815 ft²
|
$269,000
1 Bed
1 Bath
815 ft²
|
$257,500
-4.28%
04/17/2012
|
Tatiana Moody
Weichert, REALTORS
|
Building Info
1550 Spring Gate Drive
1550 Spring Gate Drive, Mc Lean, VA 22102
- 1 Unit for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017