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1011 ARLINGTON BOULEVARD N #403, ARLINGTON, VA, 22209
$120,000
- 1 full baths
- 401 sq. ft
1011 ARLINGTON BOULEVARD N #403, ARLINGTON, VA, 22209
$120,000
Coming Soon
- Baths 1
- Sq. ft 401
TENANT-OCCUPIED STUDIO CO-OP - RIVER PLACE, ROSSLYN This 401-square-foot studio co-op at River Place is tenant-occupied, providing immediate rental income. APARTMENT - S403 Located in one of the community's most sought-after buildings, this studio features a large picture window providing abundant natural light, an updated kitchen, and generous closet space. The apartment was freshly painted and had new carpet installed earlier this year. The apartment is leased through April 6, 2027, at $1,425 per month. Monthly financials: - Rental income: $1,425 - Co-op fee: $279 (includes electricity, gas, and water) - Property taxes: $107.83 - Estimated insurance: $20 - Total anticipated expenses: $406.83 - Anticipated net monthly income: $1,018.17 INVESTMENT SUMMARY - Price: $120,000 - Total monthly rental income: $1,425 - Total anticipated monthly expenses: $406.83 - Total anticipated net monthly income: $1,018.17 - Total anticipated annual net income: $12,218.04 - Anticipated annual cash return: 10.18% The anticipated annual cash return assumes an all-cash purchase at the asking price, with the apartment rented at its current rate for 12 months. Calculations exclude closing costs, vacancies, repairs, maintenance, and other unanticipated expenses. RIVER PLACE COMMUNITY River Place is a gated cooperative community in Rosslyn, Arlington, offering a variety of amenities, including an outdoor swimming pool, jacuzzi, fitness center, sauna, steam room, outdoor grilling area, community party room, bicycle storage, large laundry room, concierge services, secure package handling, and 24-hour gated security. The community is approximately a five-minute walk from the Rosslyn Metro station, served by the Orange, Silver, and Blue Lines, providing convenient access to Washington, DC, the Pentagon, Reagan National Airport, Tysons, and surrounding areas. Nearby shopping, dining, and services include Safeway, Target, CVS, Chipotle, District Taco, and numerous other establishments. The apartment is currently leased, providing rental income from an existing tenant. IMPORTANT INFORMATION FOR PROSPECTIVE PURCHASERS All information, including rental income, operating expenses, property details, and financial projections, is provided for informational purposes only and is believed to be accurate but is not guaranteed. Expenses, fees, taxes, rental income, and other circumstances may change. The anticipated annual cash return is an estimate based on the stated assumptions and is not a guarantee of future performance or profitability. Prospective purchasers are encouraged to independently verify all information, review the applicable lease and cooperative documents, conduct their own due diligence, and perform their own financial calculations to determine whether this investment meets their individual objectives. No representation or warranty is made regarding future rental income, occupancy, expenses, investment returns, or appreciation.
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Year Built:
1955
Listing ID:
VAAR2081570
Bathrooms:
1 full
List Date:
October 30, 2026
Property Type:
Condominium
Architecture Style:
Unit/Flat
Subdivision:
RIVER PLACE
County:
ARLINGTON
Total Taxes:
$1,246
Courtesy of Sweet Homes America Incorporated
This content was last updated on October 30, 2026 13:41
Schools
| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
Innovation Elementary School |
Public | Primary | PK-5 | 2300 Key Blvd, Arlington, VA 22201 | |
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District: Arlington County Public Schools Grade Span: PK - 5 Admission: Public Address: 2300 Key Blvd, Arlington, VA 22201 Phone: 703-228-7670 Teachers: 38 Students: 483 Ratio: 13:1 Students/Teacher Gender: 49% Male / 51% Female Lunch: 33% Free / 9% Reduced Student/Teacher ratioEnrollment |
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Dorothy Hamm Middle School |
Public | Middle | 6-8 | 4100 Vacation Ln, Arlington, VA 22207 | |
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District: Arlington County Public Schools Grade Span: 6 - 8 Admission: Public Address: 4100 Vacation Ln, Arlington, VA 22207 Phone: 703-228-2910 Website: http://www.apsva.us Teachers: 69 Students: 989 Ratio: 14:1 Students/Teacher Gender: 52% Male / 48% Female Lunch: 15% Free / 4% Reduced Student/Teacher ratioEnrollment |
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Yorktown High School |
Public | High | 9-12 | 5200 Yorktown Blvd, Arlington, VA 22207 | |
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District: Arlington County Public Schools Grade Span: 9 - 12 Admission: Public Address: 5200 Yorktown Blvd, Arlington, VA 22207 Phone: 703-228-5400 Website: http://apsva.us/yhs/site/default.asp Teachers: 139 Students: 2593 Ratio: 19:1 Students/Teacher Gender: 53% Male / 47% Female Lunch: 12% Free / 2% Reduced Student/Teacher ratioEnrollment |
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| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
Arlington Montessori House |
Private | Elementary | PK-KG | 3809 Washington Blvd, Arlington, VA 22201 | |
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Grade Span: PK - KG Admission: Private Address: 3809 Washington Blvd, Arlington, VA 22201 Phone: 703-524-2511 Website: http://www.arlingtonmontessori.com/ Teachers: 2 Students: 16 Ratio: 8:1 Students/Teacher Gender: 44% Male / 56% Female Student/Teacher ratioEnrollment |
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Bishop Denis J. Oconnell High School |
Private | Secondary | 9-12 | 6600 Little Falls Rd, Arlington, VA 22213 | |
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Grade Span: 9 - 12 Admission: Private Address: 6600 Little Falls Rd, Arlington, VA 22213 Phone: 703-237-1400 Teachers: 101 Students: 1153 Ratio: 11:1 Students/Teacher Gender: 49% Male / 51% Female Student/Teacher ratioEnrollment |
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Chesterbrook Montessori School |
Private | Elementary | PK-KG | 3455 N Glebe Rd, Arlington, VA 22207 | |
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Grade Span: PK - KG Admission: Private Address: 3455 N Glebe Rd, Arlington, VA 22207 Phone: 703-243-3914 Teachers: 3 Students: 6 Ratio: 2:1 Students/Teacher Gender: 50% Male / 50% Female Student/Teacher ratioEnrollment |
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Chesterbrook Montessori School-Arlington Forest |
Private | Elementary | PK-KG | 4701 Arlington Blvd, Arlington, VA 22203 | |
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Grade Span: PK - KG Admission: Private Address: 4701 Arlington Blvd, Arlington, VA 22203 Phone: 703-243-3914 Teachers: 7 Students: 13 Ratio: 2:1 Students/Teacher Gender: 62% Male / 38% Female Student/Teacher ratioEnrollment |
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Full Circle Montessori School |
Private | Combined Elementary/Secondary | PK-PK | 870 S Greenbrier St Ste 102, Arlington, VA 22204 | |
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Grade Span: PK - PK Admission: Private Address: 870 S Greenbrier St Ste 102, Arlington, VA 22204 Phone: 703-243-8282 Teachers: 1 Students: 29 Ratio: 29:1 Students/Teacher Gender: 52% Male / 48% Female Student/Teacher ratioEnrollment |
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Metta Montessori School |
Private | Elementary | KG-2 | 1012 S Cleveland St, Arlington, VA 22204 | |
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Grade Span: KG - 2 Admission: Private Address: 1012 S Cleveland St, Arlington, VA 22204 Phone: 703-728-8133 Teachers: 2 Students: 23 Ratio: 11:1 Students/Teacher Gender: 30% Male / 70% Female Student/Teacher ratioEnrollment |
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Our Savior Lutheran School |
Private | Elementary | PK-8 | 825 S Taylor St, Arlington, VA 22204 | |
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Grade Span: PK - 8 Admission: Private Address: 825 S Taylor St, Arlington, VA 22204 Phone: 703-892-4846 Website: http://www.osva.org/ Teachers: 11 Students: 147 Ratio: 13:1 Students/Teacher Gender: 48% Male / 52% Female Student/Teacher ratioEnrollment |
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Rivendell School |
Private | Elementary | KG-8 | 2410 N Kensington St, Arlington, VA 22205 | |
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Grade Span: KG - 8 Admission: Private Address: 2410 N Kensington St, Arlington, VA 22205 Phone: 703-532-1200 Website: http://www.rivendellschool.net/ Teachers: 11 Students: 141 Ratio: 13:1 Students/Teacher Gender: 49% Male / 51% Female Student/Teacher ratioEnrollment |
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St Agnes School |
Private | Elementary | PK-8 | 2024 N Randolph St, Arlington, VA 22207 | |
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Grade Span: PK - 8 Admission: Private Address: 2024 N Randolph St, Arlington, VA 22207 Phone: 703-527-5423 Website: http://www.saintagnes.org/school/ Teachers: 28 Students: 415 Ratio: 15:1 Students/Teacher Gender: 55% Male / 45% Female Student/Teacher ratioEnrollment |
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St Ann Catholic School |
Private | Elementary | PK-8 | 980 N Frederick St, Arlington, VA 22205 | |
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Grade Span: PK - 8 Admission: Private Address: 980 N Frederick St, Arlington, VA 22205 Phone: 703-525-7599 Website: http://www.stann.org/ Teachers: 16 Students: 232 Ratio: 15:1 Students/Teacher Gender: 50% Male / 50% Female Student/Teacher ratioEnrollment |
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St Thomas More Cathedral School |
Private | Elementary | PK-8 | 105 N Thomas St, Arlington, VA 22203 | |
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Grade Span: PK - 8 Admission: Private Address: 105 N Thomas St, Arlington, VA 22203 Phone: 703-528-6781 Website: http://www.stmschool.org/ Teachers: 36 Students: 456 Ratio: 13:1 Students/Teacher Gender: 48% Male / 52% Female Student/Teacher ratioEnrollment |
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The Sycamore School |
Private | Combined Elementary/Secondary | 5-12 | 4600 Fairfax Dr, Arlington, VA 22203 | |
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Grade Span: 5 - 12 Admission: Private Address: 4600 Fairfax Dr, Arlington, VA 22203 Phone: 703-717-5360 Teachers: 17 Students: 57 Ratio: 3:1 Students/Teacher Gender: 60% Male / 40% Female Student/Teacher ratioEnrollment |
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Veritas Collegiate Academy |
Private | Combined Elementary/Secondary | KG-12 | 923 23rd St S, Arlington, VA 22202 | |
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Grade Span: KG - 12 Admission: Private Address: 923 23rd St S, Arlington, VA 22202 Phone: 866-564-4233 Teachers: 15 Students: 107 Ratio: 7:1 Students/Teacher Gender: 52% Male / 48% Female Student/Teacher ratioEnrollment |
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