1581 SPRING GATE DRIVE #5309
About This Property
This bright, spacious condo has 1 bedroom, 1 bathroom with wooden floors and tile throughout and many other upgraded features. It was freshly painted in June 2025. Recently replaced refrigerator. A washer and dryer (2024) are in the laundry room right off of the kitchen. The AC and air handler was replaced in 2024. This condo also features a completely renovated full bathroom. A fireplace is in the living room, which has access to a large balcony. Crown molding in living room and dining area, ceiling fan is in the bedroom. Energy efficient windows are maintained and were replaced by the HOA. Finally, this condo also features an underground, reserved garage parking space (231)
The Gates of McLean is a gated community. Building 1581 is gated as well. (BTW, not every building in this community is gated). The HOA has no dog breed restrictions (i.e., larger pets are allowed). Wegmans is right across the street from the community entrance (within walking distance). This community is located minutes from both Tysons Corner malls, Rt-7, Rt-123, I-495 and the Dulles Toll Road. The condo is priced right - and waiting for your personal touch to the kitchen.
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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 |
|---|---|---|---|---|---|---|---|
|
09/11/2025
|
1 Bed
|
1 Bath
|
642 ft²
|
$350,000
1 Bed
1 Bath
642 ft²
|
$320,000
-8.57%
10/23/2025
|
Roshan Badii Carter
Long & Foster Real Estate, Inc.
| |
|
06/12/2025
|
1 Bed
|
1 Bath
|
690 ft²
|
$335,000
1 Bed
1 Bath
690 ft²
|
$335,000
07/16/2025
|
Yixuan Zhai-Brown
Coldwell Banker Realty
| |
|
11/07/2024
|
2 Bed
|
2 Bath
|
1202 ft²
|
$500,000
2 Bed
2 Bath
1202 ft²
|
$500,000
12/04/2024
|
Kari Govan
Keller Williams Realty
| |
|
08/22/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$515,000
2 Bed
2 Bath
998 ft²
|
$457,325
-11.20%
12/09/2024
|
Mynor Herrera
Keller Williams Capital Properties
| |
|
03/01/2024
|
1 Bed
|
1 Bath
|
690 ft²
|
$339,900
1 Bed
1 Bath
690 ft²
|
$337,500
-0.71%
04/05/2024
|
Hemanth K Ganta
DMV Realty, INC.
| |
|
05/13/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$400,000
2 Bed
2 Bath
998 ft²
|
-
-
|
Sabeen Khattak
Samson Properties
| |
|
06/16/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$334,000
1 Bed
1 Bath
735 ft²
|
$334,000
06/22/2022
|
Hourieh Zamani
Spring Hill Real Estate, LLC.
| |
|
02/18/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$325,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Kathy Colville
Century 21 Redwood Realty
| |
|
01/23/2022
|
1 Bed
|
1 Bath
|
642 ft²
|
$295,000
1 Bed
1 Bath
642 ft²
|
-
-
|
Iris Yu
Samson Properties
| |
|
11/11/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$307,500
-0.81%
12/10/2021
|
Paniz Asgari
Compass
| |
|
07/01/2021
|
2 Bed
|
2 Bath
|
1202 ft²
|
$475,000
2 Bed
2 Bath
1202 ft²
|
$475,000
08/03/2021
|
Christine G Richardson
Weichert Company of Virginia
| |
|
05/21/2021
|
2 Bed
|
2 Bath
|
1082 ft²
|
$489,600
2 Bed
2 Bath
1082 ft²
|
-
-
|
Subbarayudu Jakkampudi
Sun Properties, Inc.
| |
|
05/03/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$319,990
1 Bed
1 Bath
690 ft²
|
$319,990
06/22/2021
|
Lisa Sabelhaus
| |
|
02/19/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$300,000
-3.23%
04/30/2021
|
Lauryn Eadie
| |
|
02/04/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$309,990
1 Bed
1 Bath
690 ft²
|
-
-
|
-
| |
|
03/18/2020
|
2 Bed
|
2 Bath
|
1202 ft²
|
$480,000
2 Bed
2 Bath
1202 ft²
|
$476,000
-0.83%
05/05/2020
|
Jeff Wu
| |
|
10/12/2018
|
2 Bed
|
2 Bath
|
1202 ft²
|
$440,000
2 Bed
2 Bath
1202 ft²
|
-
-
|
-
| |
|
05/29/2018
|
1 Bed
|
1 Bath
|
642 ft²
|
$264,000
1 Bed
1 Bath
642 ft²
|
$264,000
10/12/2018
|
Karen Martins
Coldwell Banker Realty
| |
|
09/02/2017
| |
2 Bed
|
2 Bath
|
1082 ft²
|
-
2 Bed
2 Bath
1082 ft²
|
-
-
|
-
|
|
03/22/2013
|
1 Bed
|
1 Bath
|
690 ft²
|
$289,000
1 Bed
1 Bath
690 ft²
|
$286,000
-1.04%
04/25/2013
|
Phil Cefaratti
Weichert, REALTORS
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017