11319 Aristotle Drive 3-106 Fairfax, VA

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Reduced by $10,112 (3.11%) on 12/15/18
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$314,888
Reduced by $10,112 (3.11%) on 12/15/18
11319 Aristotle Drive 3-106
Fairfax, VA 22030
2 Beds   2 Baths
1 Car Garage
1,200 SqFt
Townhome or Condo


Status:Active
Open House Dec 16 1:00pm-3:00pmOther Open Houses
With a $10,000 in price correction in your favor, why not start the new year right with the gift of home ownership and solid investment? This condo home comes with 2 bedrooms, 2 full-bathrooms, 2 balconies, newly installed washer and dryer, and 2 parking spaces (1-car garage and garage driveway). My clients loved this home because it is located less than 0. 4 mi away from route 50 and 0. 7 mi away from i-66, with wegmans being less than 1. 4 mi away and fair oaks mall being roughly 1. 9 mi away from the home. Community amenities include fitness center membership, access to game room and clubhouse, a community swimming pool. Picnic areas, business center, security gate, and playground access throughout the neighborhood. In addition to those amenities, my clients also appreciated the overall continuity they felt within the community as a whole. Investors - this is a garden style condo with an average cap rate of 7. 178%. (cap rate is based on acquisition cost at new list price and average rent of 2/2 condo homes in the community from 06/01/2018 to 12/01/2018. Average rent over that 180 day period was $1,883. 50. ) combine that with a highly motivated home seller and an asset like this will be highly sought after by real estate investors.
Basics
Property Type:   Townhome or Condo
Bedrooms:   2
Baths:   2
Garages:   1
Living Space:   1,200 SqFt
Year Built:   2003
Subdivision:   FAIRFAX RIDGE
MLS#:   VAFX535192
     
Home Features
Central Air
Dishwasher
Garage
Gas Heating
Schools
Dist: FAIRFAX COUNTY PUBLIC SCHOOLS
Elem: WAPLES MILL
Jr: FRANKLIN
Sr. OAKTON
   
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Listing Broker: Keller Williams Capital Properties   

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11319  Aristotle Drive  3-106 property can be shown by Martina Burns  RE/MAX
Martina Burns RE/MAX
would be pleased to show 11319 Aristotle Drive 3-106

6084-A Franconia Road
Alexandria, Virginia
Direct703-650-8533
Fax888-511-5994

RE/MAX Allegiance