Details Property Type: Multi-Residential Cap Rate: 4.0% NOI: $37,092 Marketing Description Amazing Investment Opportunity! Income producing property.
The median home value in Herndon, VA is $710,000. This is higher than the county median home value of $639,000. The national median home value is $338,100. The average price of homes sold in Herndon, VA is $710,000. Approximately 61.64% of Herndon homes are owned, compared to 35.65% rented, while 2.71% are vacant. Herndon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Herndon real estate agent to arrange a tour today!
Herndon, Virginia has a population of 24,574. Herndon is more family-centric than the surrounding county with 40.26% of the households containing married families with children. The county average for households married with children is 39.81%.
The median household income in Herndon, Virginia is $117,741. The median household income for the surrounding county is $133,974 compared to the national median of $69,021. The median age of people living in Herndon is 35.7 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 42.9 inches per year, with 21.5 inches of snow per year.