1570 SPRING GATE DRIVE #7203
About This Property
The manager has listed the unit size as 998 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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$460,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed | $475,000 | |
| Listed | |||
| |||
|
Yes, You Can Live in McLean/Tysons for $460,000! Too good to be true? No it is not if you visit this one. It is move in ready and the location speaks for itself! LOWEST-PRICED 2BR/2BA IN GATES OF McLEAN! Welcome Home! This beautifully maintained 2-bedroom, 2-bath condo is located in a desirable gated community and offers exceptional convenience, accessibility, and amenities.
This barrier-free, second-floor unit has no stairs from the building entrance and features elevator access. Parking is a breeze with one garage space (#261) located directly next to the elevator, one reserved parking space (#486), plus two additional parking passes. Not all units include this convenient parking package.
Step inside to a spacious, light-filled home featuring 9-foot ceilings, stacked crown molding, window treatments that convey, and hardwood floors throughout. The east-facing living room offers a ceiling fan, cozy fireplace, and sliding glass doors leading to a private balcony—perfect for enjoying your morning coffee or relaxing in the evening. The adjacent dining area makes entertaining effortless.
The well-appointed kitchen offers an abundance of 48-inch maple cabinetry with crown molding, granite countertops, custom backsplash, and a double sink, along with stainless steel appliances. The 36-inch-wide, counter-depth refrigerator, added in 2025, provides more convenient storage and is larger than the refrigerators found in most units. Conveniently located just off the kitchen is a full-size washer and dryer, with the dryer replaced in 2025.
Both bathrooms have been beautifully updated with ceramic tile, white shaker-style vanities, quartz countertops, and updated lighting. The spacious primary bedroom offers a generous walk-in closet and private bath, while the second bedroom provides plenty of space for guests, an office, or additional living needs.
Enjoy resort-style community amenities including an on-site EV charging station, swimming pool, fitness center, clubhouse, and movie theater.
And the location is unbeatable! Convenient to Metro, restaurants, shopping, and grocery stores, with easy access to I-495, I-66, and Route 267, making this an ideal location for commuters.
Comfort, convenience, accessibility, exceptional parking, thoughtful updates, and a prime location—this condo has it all!
| |||
| Jul 8, 2026 | Price Decreased |
$475,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| May 21, 2026 | Listed | $490,000 | |
| Listed | |||
| |||
|
New price. Great value for this beautifully updated quiet 2-bedroom, 2-bath condo in the highly sought-after Gates of McLean community, ideally located in the heart of Tysons. The Smart "Dalton" Footprint: 998 sqft of open-concept living space. Features 9-foot ceilings, crown molding, and beautiful hardwood floors throughout.
Optimal East-Facing Exposure: Enjoy gorgeous, bright morning light through your windows
while remaining perfectly shielded from the brutal, intense West heat and sunlight during
hot summer afternoons. Keeps your home cool and your energy bills low!
Exceptional Parking Asset Mix (Rare 2-Space Package)
• Reserved Garage Space (#261): Secured, weather-protected parking positioned
immediately next to the elevator for maximum convenience.
• Assigned Outdoor Space (#486): Dedicated second parking stall. Perfect for couples,
roommates, or dual-vehicle households.
• Visitor Passes: Listing conveys with two physical guest parking passes.
High-Value Capital Improvements
• New Counter-Depth Refrigerator (Installed 2025)
• New Dryer (Installed 2025)
• Hot Water Heater Replacement (Installed 2022)
The spacious living room with a cozy gas fireplace flows seamlessly into the dining area, while the large patio door opens to a private balcony and fills the home with natural light. Functional and stylish window treatments convey with the property.
Remote-Work Ready: Flexible work-from-home layout with dedicated office nook in
primary suite and space for desk in second bedroom. Generously sized walk-in closets featured in both private bedrooms.
Renovated Baths: Upgraded vanity cabinets finished with premium quartz countertops.
Gourmet Kitchen: Equipped with granite countertops and backsplashes, maple cabinetry,
and premium stainless steel appliances.
Residents of Gates of McLean enjoy gated access and exceptional community amenities including a fitness center, outdoor pool, clubhouse, movie theater, on-site EV charging station available and beautifully maintained grounds.
Unbeatable location just moments from the McLean Metro Station, Capital One Center, Wegmans, restaurants, shopping, and major commuter routes including I-495, I-66, and Route 267. This home offers the perfect combination of comfort, convenience, and modern living in one of Northern Virginia’s most desirable locations.
| |||
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/03/2026
|
1 Bed
|
1 Bath
|
690 ft²
|
$314,990
1 Bed
1 Bath
690 ft²
|
-
-
|
Victoria Zhao
United Realty, Inc.
| |
|
04/25/2026
|
1 Bed
|
1 Bath
|
690 ft²
|
$339,900
1 Bed
1 Bath
690 ft²
|
$315,000
-7.33%
06/18/2026
|
Jae Sun Park
KW United
| |
|
12/03/2025
|
1 Bed
|
1 Bath
|
736 ft²
|
$325,000
1 Bed
1 Bath
736 ft²
|
$315,000
-3.08%
12/22/2025
|
Ellen Ing
RE/MAX Allegiance
| |
|
10/31/2025
|
2 Bed
|
2 Bath
|
998 ft²
|
$500,000
2 Bed
2 Bath
998 ft²
|
$490,000
-2.00%
01/21/2026
|
Kristina Walker
KW United
| |
|
10/24/2025
|
2 Bed
|
2 Bath
|
998 ft²
|
$490,000
2 Bed
2 Bath
998 ft²
|
$480,000
-2.04%
02/17/2026
|
Danielle Carter
Redfin Corporation
| |
|
11/14/2024
|
1 Bed
|
1 Bath
|
690 ft²
|
$349,900
1 Bed
1 Bath
690 ft²
|
$344,000
-1.69%
12/12/2024
|
Arlene Fernandez
Allison James Estates & Homes
| |
|
07/18/2024
|
1 Bed
|
1 Bath
|
690 ft²
|
$360,000
1 Bed
1 Bath
690 ft²
|
$332,000
-7.78%
09/03/2024
|
Ryan Mills
Redfin Corporation
| |
|
10/27/2023
|
2 Bed
|
2 Bath
|
1082 ft²
|
$485,000
2 Bed
2 Bath
1082 ft²
|
$505,000
+4.12%
07/02/2024
|
Kyung Soung
Realty One Group Capital Properties
| |
|
06/19/2023
|
1 Bed
|
1 Bath
|
736 ft²
|
$327,750
1 Bed
1 Bath
736 ft²
|
$308,000
-6.03%
09/11/2023
|
Lydia Zache
RE/MAX One Solutions
| |
|
04/13/2023
|
1 Bed
|
1 Bath
|
736 ft²
|
$329,900
1 Bed
1 Bath
736 ft²
|
$318,000
-3.61%
06/08/2023
|
zhaohui chen
UnionPlus Realty, Inc.
| |
|
11/03/2021
|
2 Bed
|
2 Bath
|
1149 ft²
|
$480,000
2 Bed
2 Bath
1149 ft²
|
$465,000
-3.13%
01/05/2022
|
Armae Fant
Redfin Corporation
| |
|
10/29/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$320,000
1 Bed
1 Bath
690 ft²
|
$307,000
-4.06%
12/22/2021
|
Wendy Harris
RE/MAX Allegiance
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
998 ft²
|
$424,900
2 Bed
2 Bath
998 ft²
|
-
-
|
Alison Sherman
Keller Williams Realty
| |
|
02/25/2021
|
1 Bed
|
1 Bath
|
736 ft²
|
$340,000
1 Bed
1 Bath
736 ft²
|
$305,000
-10.29%
06/17/2021
|
Sheila Todd
| |
|
06/25/2020
|
1 Bed
|
1 Bath
|
655 ft²
|
$349,900
1 Bed
1 Bath
655 ft²
|
-
-
|
-
| |
|
04/17/2020
|
2 Bed
|
2 Bath
|
998 ft²
|
$429,900
2 Bed
2 Bath
998 ft²
|
$395,000
-8.12%
08/05/2020
|
Conor Sullivan
| |
|
08/15/2019
|
1 Bed
|
1 Bath
|
735 ft²
|
$295,000
1 Bed
1 Bath
735 ft²
|
-
-
|
-
| |
|
08/08/2019
|
1 Bed
|
1 Bath
|
690 ft²
|
$290,000
1 Bed
1 Bath
690 ft²
|
$287,500
-0.86%
10/03/2019
|
Brianna Leone
| |
|
05/16/2019
|
2 Bed
|
2 Bath
|
998 ft²
|
$419,900
2 Bed
2 Bath
998 ft²
|
-
-
|
-
| |
|
09/08/2017
|
1 Bed
|
1 Bath
|
736 ft²
|
$255,000
1 Bed
1 Bath
736 ft²
|
$253,880
-0.44%
10/25/2017
|
Tanya Ha Tran
Westgate Realty Group, Inc.
| |
|
07/29/2017
| |
1 Bed
|
1 Bath
|
736 ft²
|
-
1 Bed
1 Bath
736 ft²
|
-
-
|
-
|
|
08/20/2015
|
1 Bed
|
1 Bath
|
690 ft²
|
$269,999
1 Bed
1 Bath
690 ft²
|
$258,000
-4.44%
11/10/2015
|
Dilip Kinra
D N K Real Estate, LLC
| |
|
07/24/2015
|
2 Bed
|
2 Bath
|
998 ft²
|
$369,900
2 Bed
2 Bath
998 ft²
|
$369,000
-0.24%
12/30/2015
|
Gabriele Schertzer
Weichert, REALTORS
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017