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3117 PATRICK HENRY DRIVE #430
About This Property
The generously sized kitchen offers abundant cabinetry, ample prep space, updated countertops, and a functional layout that flows seamlessly into the main entertaining spaces. An in-unit washer and dryer add convenience and practicality rarely found at this price point. Both bedrooms are exceptionally spacious, including a large primary suite complete with excellent closet space and a private en-suite bath. Large windows throughout the home provide beautiful natural light across every room while the neutral finishes create a clean, move-in ready feel.
Residents enjoy access to a wide range of community amenities including a pool, clubhouse, beautifully maintained grounds, and ample parking. Ideally positioned near major commuter routes including Route 50, I-395, and I-66, the location offers easy access into DC, Arlington, Tysons, and Alexandria.
Surrounded by some of Falls Church's most popular shopping and dining destinations, the home is moments from Seven Corners Center, Crossroads Center, Eden Center, and The Corner at Seven Corners for everyday shopping, grocery stores, cafes, and restaurants.
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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%.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$350,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$355,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Serhant | $360,000 | |
| Listed by Serhant | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/19/2024
|
1 Bed
|
1 Bath
|
765 ft²
|
$250,000
1 Bed
1 Bath
765 ft²
|
$250,000
06/11/2024
|
Nicole Duffey
Keller Williams - Fairfax Gateway
| |
|
09/10/2021
|
2 Bed
|
2 Bath
|
1064 ft²
|
$340,000
2 Bed
2 Bath
1064 ft²
|
$310,000
-8.82%
03/28/2022
|
Monica Justiniano
CENTURY 21 New Millennium
| |
|
01/31/2013
|
1 Bed
|
1 Bath
|
767 ft²
|
$187,000
1 Bed
1 Bath
767 ft²
|
$187,000
03/14/2013
|
Susan Sarcone
McEnearney Associates, Inc.
|
Building Info
- 1 Unit for Sale
About Lake Barcroft
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017