1656 PARKCREST CIRCLE #2D301
About This Property
This bright and airy home has been extensively updated and features new LVP flooring, modern lighting, designer paint, and upgraded doors throughout. Major improvements include a new HVAC system and new electric panel.
The fully updated kitchen is both stylish and functional, showcasing quartz countertops, custom cabinetry, stainless steel appliances, and a deep sink, all complemented by a charming bay window-perfect for a breakfast nook or cozy reading spot.
The spacious bedroom offers a step-in closet, while the updated bathroom features a sleek vanity, high-end fixtures, and a spa-like feel. An in-unit washer and dryer adds everyday convenience.
Enjoy the ease of an assigned covered carport, offering protected parking year-round. Nestled in a tranquil, tree-lined community, this bright corner unit blends modern design, comfort, and an unbeatable Reston location, just minutes from the W&OD Trail, Reston Town Center shopping and dining, and the Wiehle Metro Silver Line.
Move-in ready, beautifully updated, and ideally located-this home delivers exceptional value and lifestyle.
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Relisted | $335,000 | |
| Relisted | |||
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Listed by Homecoin.com | $335,000 | |
| Listed by Homecoin.com | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/31/2025
|
1 Bed
|
1 Bath
|
949 ft²
|
$335,000
1 Bed
1 Bath
949 ft²
|
$335,000
03/09/2026
|
Jonathan Minerick
Homecoin.com
| |
|
10/02/2024
|
2 Bed
|
1 Bath
|
1155 ft²
|
$395,000
2 Bed
1 Bath
1155 ft²
|
$380,000
-3.80%
10/25/2024
|
Aarti Sood
Redfin Corporation
| |
|
02/22/2024
|
1 Bed
|
1 Bath
|
949 ft²
|
$297,500
1 Bed
1 Bath
949 ft²
|
$311,656
+4.76%
03/15/2024
|
MICHAEL DOTTERWEICH
RE/MAX Gateway, LLC
| |
|
08/18/2023
|
2 Bed
|
1 Bath
|
1155 ft²
|
$350,000
2 Bed
1 Bath
1155 ft²
|
$350,000
09/29/2023
|
Susan Mertz
Keller Williams Capital Properties
| |
|
07/07/2022
|
2 Bed
|
1 Bath
|
1155 ft²
|
$349,900
2 Bed
1 Bath
1155 ft²
|
-
-
|
Ali Davar
Keller Williams Realty
| |
|
01/12/2022
|
1 Bed
|
1 Bath
|
949 ft²
|
$274,980
1 Bed
1 Bath
949 ft²
|
-
-
|
Ferris Eways
Samson Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017