$500,000
●
Condo -
Off Market
1601 SPRING GATE DR. #1110
MCLEAN, VA 22102
2 Beds
2 Baths
1,202 Ft²
$3,573
Est. Monthly
$585
HOA / Fees
3.45%
Cap Rate
About This Property
**New Updates: New water heater and stove-pictures do not reflect
update****
Welcome to The Gates of McLean! This 1,202 sqft 2 bed, 2 bath condo is spacious, open, bright with natural light, has a large private patio, and LOTS of storage. One of the *quietest* units in Gates of McLean - buffered from city noise with residential buildings on one side and forest on the other side. This unit is peaceful, facing greenery and trees! Both bedrooms have spacious walk-in closets and natural light. Storage available via coat closet, bathrooms (have extra cabinet space in addition to under the sink) and in the patio. The unit comes with Verizon wiring and box. The kitchen features cherry wood cabinets, granite counters, updated appliances(not all are shown in pictures), and in-unit washer and dryer located in the laundry room with storage and pantry space. Brand new paint throughout and LVP flooring in the entire unit (tile in kitchen). This unit comes 1 assigned parking space right outside the entrance of the building and 2 guest parking spaces for overnight stays and an abundance of guest spaces for the day. Within the Gates of Mclean, the condo fee covers common area maintenance, exterior building maintenance, management, gym access, playground, basketball court, walking trail, pool, reserve funds, parking, road maintenance, sewer, snow removal, and trash. The buildings are very well kept with the condo fees do NOT increase as fast as other communities. Pets are allowed with additional fees based on size and weight. Close to public transportation (walking distance)-0.3 miles to McLean Station Metro, bus stop, one block from Wegmans, steps from high end restaurants, the Perch beer garden, shopping, bars, 0.4 miles from Capital One Hall (brand new performance theater), and more! Enjoy all of the amenities that this gated community has to offer including updated gym, sauna, outdoor pool, clubhouse, business center, party room with bar area, outdoor picnic area, updated playground, basketball court, trails, and more! Great investment opportunity and very easy to get qualified tenants.
Welcome to The Gates of McLean! This 1,202 sqft 2 bed, 2 bath condo is spacious, open, bright with natural light, has a large private patio, and LOTS of storage. One of the *quietest* units in Gates of McLean - buffered from city noise with residential buildings on one side and forest on the other side. This unit is peaceful, facing greenery and trees! Both bedrooms have spacious walk-in closets and natural light. Storage available via coat closet, bathrooms (have extra cabinet space in addition to under the sink) and in the patio. The unit comes with Verizon wiring and box. The kitchen features cherry wood cabinets, granite counters, updated appliances(not all are shown in pictures), and in-unit washer and dryer located in the laundry room with storage and pantry space. Brand new paint throughout and LVP flooring in the entire unit (tile in kitchen). This unit comes 1 assigned parking space right outside the entrance of the building and 2 guest parking spaces for overnight stays and an abundance of guest spaces for the day. Within the Gates of Mclean, the condo fee covers common area maintenance, exterior building maintenance, management, gym access, playground, basketball court, walking trail, pool, reserve funds, parking, road maintenance, sewer, snow removal, and trash. The buildings are very well kept with the condo fees do NOT increase as fast as other communities. Pets are allowed with additional fees based on size and weight. Close to public transportation (walking distance)-0.3 miles to McLean Station Metro, bus stop, one block from Wegmans, steps from high end restaurants, the Perch beer garden, shopping, bars, 0.4 miles from Capital One Hall (brand new performance theater), and more! Enjoy all of the amenities that this gated community has to offer including updated gym, sauna, outdoor pool, clubhouse, business center, party room with bar area, outdoor picnic area, updated playground, basketball court, trails, and more! Great investment opportunity and very easy to get qualified tenants.
Unit Size
1,202 Ft²
Days on Market
-
Land Size
-
Price per sqft
$433
Property Type
Condo
Property Taxes
$434
HOA Dues
$585
Year Built
-
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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.
Last updated: 2 years ago (Bright MLS #VAFX2235438)
Price History
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
With View
Parking Details
Parking Features: Assigned, Private, Handicap Parking, Secure Parking
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s)
Appliances: Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Oven, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Energy Efficient Appliances
Flooring Type: Ceramic Tile, Luxury Vinyl Plank
Exterior Details
Has Property Attached
Square Footage: 1202
Square Footage Source: $0
Security Features: Security Gate, Smoke Detector(s), Fire Detection System, Main Entrance Lock, Intercom, Sprinkler System - Indoor
Property Condition: Excellent
Architectural Style: Traditional
Year Built Source: Estimated
Year Built: 1997
Building Name: GATES OF MCLEAN
Levels: 1
Other Structures: Above Grade
Window Features: Screens, Sliding
Construction Materials: Aluminum Siding
Patio and Porch Features: Brick, Patio(s)
Water Source: Public
Financial Details
Tax Annual Amount: $5,213
Utilities Details
Cooling Type: Central A/C
Heating Type: Forced Air
Sewer : Public Septic
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Sewer, Water, Trash, Pest Control, Custodial Services Maintenance, Health Club, Lawn Maintenance, Management, Pool(s), Recreation Facility, Sauna, Ext Bldg Maint, Road Maintenance, Security Gate
HOA/Condo/Coop Amenities: Elevator(s), Exercise Course, Fitness Center, Meeting Room, Party Room, Picnic Area, Sauna, Security, Clubhouse, Spa/Hot Tub, Bar/Lounge, Basketball Courts, Common Grounds, Fax/Copying, Gated Community, Jog/Walk Path, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Tot Lots/Playground
Condo/Coop Fee: $585
Condo/Coop Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
05/21/2026
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$300,000
-3.23%
06/26/2026
|
Jeff Wu
Keller Williams Capital Properties
| |
|
05/07/2026
|
2 Bed
|
2 Bath
|
998 ft²
|
$495,000
2 Bed
2 Bath
998 ft²
|
$469,000
-5.25%
07/29/2026
|
Liezel Dsouza
Soldsense
| |
|
04/22/2026
|
2 Bed
|
2 Bath
|
1082 ft²
|
$517,000
2 Bed
2 Bath
1082 ft²
|
$503,500
-2.61%
08/03/2026
|
Adolat Almetova
Keller Williams Capital Properties
| |
|
02/20/2026
|
1 Bed
|
1 Bath
|
735 ft²
|
$365,900
1 Bed
1 Bath
735 ft²
|
$370,000
+1.12%
03/17/2026
|
Caroline Nowell
Berkshire Hathaway HomeServices Homesale Realty
| |
|
02/19/2026
|
1 Bed
|
1 Bath
|
642 ft²
|
$300,000
1 Bed
1 Bath
642 ft²
|
$280,000
-6.67%
05/29/2026
|
Jeff Wu
Keller Williams Capital Properties
| |
|
04/30/2025
|
2 Bed
|
2 Bath
|
1202 ft²
|
$520,000
2 Bed
2 Bath
1202 ft²
|
$500,000
-3.85%
09/30/2025
|
Sepideh Abdollahzadeh
Spring Hill Real Estate, LLC.
| |
|
03/27/2025
|
1 Bed
|
1 Bath
|
735 ft²
|
$340,000
1 Bed
1 Bath
735 ft²
|
$325,000
-4.41%
05/23/2025
|
Lisa DeCarlo
Weichert, REALTORS
| |
|
08/09/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$369,500
1 Bed
1 Bath
735 ft²
|
$365,000
-1.22%
09/06/2024
|
Jay C Noh
Smart Realty, LLC
| |
|
08/08/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$364,900
1 Bed
1 Bath
735 ft²
|
$367,000
+0.58%
08/22/2024
|
Wentong Chen
Libra Realty, LLC
| |
|
07/31/2024
|
1 Bed
|
1 Bath
|
642 ft²
|
$338,000
1 Bed
1 Bath
642 ft²
|
$330,000
-2.37%
08/15/2024
|
Baicheng Liao
Greenland Realty, LLC
| |
|
06/23/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$359,990
1 Bed
1 Bath
735 ft²
|
$360,000
+0.00%
07/22/2024
|
Sri Meka
Franklin Realty LLC
| |
|
01/11/2024
|
1 Bed
|
1 Bath
|
642 ft²
|
$339,900
1 Bed
1 Bath
642 ft²
|
$339,900
02/14/2024
|
Darren Robertson
Samson Properties
| |
|
11/04/2023
|
1 Bed
|
1 Bath
|
735 ft²
|
$325,000
1 Bed
1 Bath
735 ft²
|
$320,000
-1.54%
12/12/2023
|
Mohammed Beyad
Samson Properties
| |
|
06/01/2023
|
1 Bed
|
1 Bath
|
735 ft²
|
$330,000
1 Bed
1 Bath
735 ft²
|
$337,000
+2.12%
08/10/2023
|
Jeff Wu
Keller Williams Capital Properties
| |
|
01/20/2023
|
2 Bed
|
2 Bath
|
1082 ft²
|
$449,000
2 Bed
2 Bath
1082 ft²
|
$449,000
02/28/2023
|
Choon Neoh
Realty One Group Capital Properties
| |
|
01/15/2023
|
1 Bed
|
1 Bath
|
735 ft²
|
$310,000
1 Bed
1 Bath
735 ft²
|
$316,000
+1.94%
01/31/2023
|
Allison Metzger
Green Lawn Realty
| |
|
06/18/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$325,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Mohammed Beyad
Samson Properties
| |
|
05/28/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$400,000
2 Bed
2 Bath
998 ft²
|
$370,000
-7.50%
02/18/2023
|
Shawna Moore
Reston
| |
|
05/28/2022
| |
2 Bed
|
2 Bath
|
-
|
$420,000
2 Bed
2 Bath
|
-
-
|
Shawna Moore
Reston
|
|
04/22/2022
|
1 Bed
|
1 Bath
|
690 ft²
|
$339,000
1 Bed
1 Bath
690 ft²
|
-
-
|
Linda Fei
United Realty, Inc.
| |
|
03/18/2022
|
2 Bed
|
2 Bath
|
1202 ft²
|
$507,500
2 Bed
2 Bath
1202 ft²
|
$507,500
04/14/2022
|
Sergei A Goumilevski
RE/MAX Realty Services
| |
|
02/28/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$439,000
2 Bed
2 Bath
998 ft²
|
$419,100
-4.53%
03/31/2022
|
Juliet Lee
Realty One Group Capital Properties
| |
|
05/05/2021
|
1 Bed
|
1 Bath
|
642 ft²
|
$325,000
1 Bed
1 Bath
642 ft²
|
$320,000
-1.54%
07/07/2021
|
Ing-ing Liu
Evergreen Properties
| |
|
03/26/2021
|
1 Bed
|
1 Bath
|
642 ft²
|
$319,900
1 Bed
1 Bath
642 ft²
|
$320,000
+0.03%
04/28/2021
|
Weiming Qi
Weichert, REALTORS
| |
|
11/08/2019
|
2 Bed
|
2 Bath
|
1082 ft²
|
$479,000
2 Bed
2 Bath
1082 ft²
|
$474,900
-0.86%
01/21/2020
|
Are Andresen
| |
|
02/27/2019
|
1 Bed
|
1 Bath
|
735 ft²
|
$275,000
1 Bed
1 Bath
735 ft²
|
-
-
|
-
| |
|
09/06/2018
|
1 Bed
|
1 Bath
|
690 ft²
|
-
1 Bed
1 Bath
690 ft²
|
-
-
|
-
| |
|
09/02/2017
| |
1 Bed
|
1 Bath
|
642 ft²
|
-
1 Bed
1 Bath
642 ft²
|
-
-
|
-
|
Building Info
1601 Spring Gate Drive
1601 Spring Gate Drive, Mc Lean, VA 22102
- 1 Unit for Sale
About Tysons Corner
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Listed by: Sepideh Abdollahzadeh
Spring Hill Real Estate, LLC.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAFX2235438
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 2026 Bright MLS, Inc.
Spring Hill Real Estate, LLC.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAFX2235438
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