$541,600
●
House -
Off Market
7103 FLOYD AVENUE
SPRINGFIELD, VA 22150
2 Beds
2 Baths
1,590 Ft²
$3,183
Est. Monthly
4.80%
Cap Rate
About This Property
Investor Alert! This as-is property is a rare opportunity for savvy
buyers, investors, or those with a vision to transform a home in an
unbeatable location. Whether you're looking for a great investment,
a renovation project, or a handyman special, the potential here is
undeniable. Ideally situated just minutes from Fort Belvoir, The
Pentagon, and downtown DC, this home offers exceptional convenience
with easy access to I-95, I-395, and the Fairfax County Parkway.
Commuting is a breeze with the Franconia-Springfield Metro Station
just 3.5 miles away and the Backlick VRE Station less than a mile
down the road. You're also moments from five major grocery stores,
top restaurants, entertainment, and premier shopping at Springfield
Town Center and Kingstowne Center. Whether you choose to renovate,
rent, or rebuild, this location is packed with potential. Don't
miss your chance to invest in one of Northern Virginia's most
connected and thriving communities!
Unit Size
1,590 Ft²
Days on Market
9 days
Land Size
0.20 acres
Price per sqft
$333
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1953
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Cap Rate Calculator
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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 #VAFX2234676)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | Listed by William G. Buck & Assoc., Inc. | $530,000 | |
| Listed by William G. Buck & Assoc., Inc. | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Springfield
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Listed by: Ricardo A Iglesias
William G. Buck & Assoc., Inc.
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VAFX2234676
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.
William G. Buck & Assoc., Inc.
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VAFX2234676
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