12314 32nd Avenue NE, Seattle, WA 98125
- $3,420,000
- 10,251
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $3,420,000
- List Price
- $3,600,000
- Status
- SOLD
- MLS#
- 1294710
- Closing Date
- Aug 17, 2018
- Days on Market
- 34
- Style
- 56 - 10+ Units
- Finished SqFt
- 10,251
- Area Total SqFt
- 10251
- Annual Tax Ammount
- 26108
- Lot Size (sq ft)
- 6,600
- Sewer
- Available
Property Description
The Stratford Court Apartments, built in 1990, is a four story wood framed structure with vinyl siding and double pane windows. The apartments were designed as condominiums, which is reflected in the quality of the construction, attention to detail and unit amenities. The building has a secured entry with a new intercom system as well as wide interior corridors and a roof top deck. Each unit has a washer and dryer (or hook up), fireplace, and deck or patio.
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Additional Information
- List Date
- 2018-07-14 00:00:00
- Community
- Lake City
- Net Operating Income
- $154,775
- Gross Adjusted Income
- $232,860
- Gross Scheduled Income
- $237,612
- Total Monthly Income
- $19,801
- Insurance Expenses
- $4,603
- Water/Sewer/Garbage Expenses
- $16,379
- Gross Rent Multiplier
- 15
- Total Expenses
- $78,084
- Cap Rate
- 4.3
- Vacancy Rate
- 2
- Total Number of Units
- 16
- Unit Name
- 12314
- Potential Terms
- Cash Out
- Year Built
- 1990
- Roof
- Composition
- Other Expenses
- 30994
- School District
- Seattle
- Total Monthly Income
- $19,801
- Gross Scheduled Income
- $237,612
- Vacancy Rate
- 2
- Gross Adjusted Income
- $232,860
- Tax Year
- 2018
- Insurance Expense
- $4,603
- W/S/G Expenses
- $16,379
- Total Expenses
- $78,084
- Net Operating Income
- $154,775
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.3
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