21228 MCFADDEN SQ #111
About This Property
with an open floor plan. Updated kitchen and baths, flooring throughout, Kitchen boasts stainless steel appliances! This is where Urban lifestyle and Suburbia collide! So many wonderful restaurants and shops close by. Close to Cascades public library, restaurants, Starbucks and shopping, dining, the community library, or school at the nearby NOVA campus, Algonquin regional park, golfing, picnic areas, fishing, boating and kayaking. Cascades community amenities include walking and biking paths, tennis courts, multiple swimming pools and playground. Great Home!!
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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.
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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 |
|---|---|---|---|
| Feb 22, 2023 | Sold | ||
| Sold | |||
| Dec 11, 2022 | Listed by Keller Williams Realty | $349,900 | |
| Listed by Keller Williams Realty | |||
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Summit Realtors | $325,000 | |
| Listed by Summit Realtors | |||
| | |||
|
2 bedroom, 2 full bathrooms first level condo that walks out to park like common area in sought after Commons on Potomac Square. Hardwood floors in foyer and kitchen. 9' ceilings. Living room walks out to enclosed patio. Gourmet kitchen with stainless steel appliances, corian counters, ceramic backsplash, and 42' upper cabinets. Both bedrooms have walk in closets. Full-size, in-unit washer & dryer. Property comes with 2 conveniently located reserved parking spaces. Buyer will have access to the plentiful Cascade amenities - multiple pools, tennis courts, tot lots, fitness centers, community centers, beautiful grounds and walking paths. Just 1/2 mile to parking for Metro Connection Bus to W. Falls Church Metro. Walk to Shopping centers, , Public Library and Senior Center w/Sunday Farmer's Market. MInutes to Nova College
| |||
| Jun 27, 2019 | 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 |
|---|---|---|---|---|---|---|---|
|
03/19/2026
|
2 Bed
|
2 Bath
|
1299 ft²
|
$399,999
2 Bed
2 Bath
1299 ft²
|
$400,000
+0.00%
05/08/2026
|
Areeb Fayyaz
Redfin Corporation
| |
|
11/02/2025
|
2 Bed
|
2 Bath
|
1263 ft²
|
$365,000
2 Bed
2 Bath
1263 ft²
|
$355,000
-2.74%
12/23/2025
|
Kathrin Donovan
Keller Williams Realty
| |
|
05/01/2024
|
2 Bed
|
2 Bath
|
1103 ft²
|
$379,900
2 Bed
2 Bath
1103 ft²
|
$384,000
+1.08%
05/30/2024
|
David Poole
Berkshire Hathaway HomeServices PenFed Realty
| |
|
07/28/2023
|
2 Bed
|
2 Bath
|
1103 ft²
|
$379,900
2 Bed
2 Bath
1103 ft²
|
$375,000
-1.29%
10/12/2023
|
Gitte Long
Redfin Corporation
| |
|
04/21/2023
|
2 Bed
|
2 Bath
|
1152 ft²
|
$375,000
2 Bed
2 Bath
1152 ft²
|
$365,000
-2.67%
05/30/2023
|
Sue Smith
Compass
| |
|
01/27/2023
|
2 Bed
|
2 Bath
|
1120 ft²
|
$345,000
2 Bed
2 Bath
1120 ft²
|
$330,000
-4.35%
04/03/2023
|
SALAR HAJIBABAEI
Fairfax Realty of Tysons
| |
|
12/11/2022
|
2 Bed
|
2 Bath
|
1073 ft²
|
$349,900
2 Bed
2 Bath
1073 ft²
|
$345,000
-1.40%
02/22/2023
|
H.Lee Cronin
Keller Williams Realty
| |
|
09/23/2021
|
2 Bed
|
2 Bath
|
1072 ft²
|
$325,000
2 Bed
2 Bath
1072 ft²
|
$330,000
+1.54%
11/05/2021
|
Kathleen A Schofield
Summit Realtors
| |
|
03/31/2021
|
2 Bed
|
2 Bath
|
1103 ft²
|
$325,000
2 Bed
2 Bath
1103 ft²
|
$330,100
+1.57%
05/04/2021
|
Jean Abood
| |
|
11/20/2020
|
2 Bed
|
2 Bath
|
1103 ft²
|
$285,000
2 Bed
2 Bath
1103 ft²
|
$285,000
01/06/2021
|
Ann P McClure
Corcoran McEnearney
| |
|
03/28/2020
|
2 Bed
|
2 Bath
|
1298 ft²
|
$299,800
2 Bed
2 Bath
1298 ft²
|
$290,000
-3.27%
06/03/2020
|
Photini Riner
| |
|
04/17/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$264,900
2 Bed
2 Bath
1072 ft²
|
$260,000
-1.85%
06/10/2019
|
Alexander Osborne
| |
|
12/27/2018
|
2 Bed
|
2 Bath
|
1072 ft²
|
$248,000
2 Bed
2 Bath
1072 ft²
|
$245,000
-1.21%
01/22/2019
|
William Milletary
|
Building Info
About Potomac Lakes
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Phone: 425-283-2930
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