30
Map
$599,000
●
House -
In Contract
7116 NEUMAN STREET
SPRINGFIELD, VA 22150
3 Beds
2 Baths
1,238 Ft²
$3,469
Est. Monthly
About This Property
Welcome to 7116 Neuman Street, which sits on a half-acre lot near
Franconia-Springfield Metro, I-95, I-395, and Fairfax County
Parkway. With a lease in place through July 2027, the property
offers immediate rental income along with rare land and long-term
potential.
This updated ranch-style home features 3 bedrooms and 2 full bathrooms, plus a living room, large eat-in kitchen with granite countertops, and an all-season sunroom with laundry and built-in storage.
The primary bedroom includes an en-suite bath with granite vanity top, and the two additional bedrooms share a spacious hall bathroom. The basement with exterior access provides substantial extra storage.
The one-half acre lot is the standout feature, offering mature trees, fenced back yard, level green space, a garden area, and a circular driveway. Close to shopping, dining, parks, everyday amenities and no HOA, 7116 Neuman Street is a rare Fairfax County investment opportunity.
This updated ranch-style home features 3 bedrooms and 2 full bathrooms, plus a living room, large eat-in kitchen with granite countertops, and an all-season sunroom with laundry and built-in storage.
The primary bedroom includes an en-suite bath with granite vanity top, and the two additional bedrooms share a spacious hall bathroom. The basement with exterior access provides substantial extra storage.
The one-half acre lot is the standout feature, offering mature trees, fenced back yard, level green space, a garden area, and a circular driveway. Close to shopping, dining, parks, everyday amenities and no HOA, 7116 Neuman Street is a rare Fairfax County investment opportunity.
Unit Size
1,238 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$484
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1954
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 18 days ago (Bright MLS #VAFX2334494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by TTR Sotheby's International Realty | $625,000 | |
| Listed by TTR Sotheby's International Realty | |||
| May 22, 2017 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Circular Driveway, Driveway
Interior Details
Full Bathrooms: 2
Basement: Full, Outside Entrance
Exterior Details
Square Footage: 1238
Square Footage Source: $0
Property Condition: Excellent
Architectural Style: Ranch/Rambler
Year Built Source: Assessor
Year Built: 1954
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Lot Size Area: 21781
Lot Size Units: Square Feet
Lot Size Acres: 0.5
Lot Size Square Feet: 21781
Tax Lot: 13
Water Source: Public
Financial Details
Tax Assessed Value: $548,580
Tax Annual Amount: $6,327
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hannah Moholt
TTR Sotheby's International Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# VAFX2334494
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.
TTR Sotheby's International Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# VAFX2334494
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017