1038 Lakeview Boulevard E, Seattle, WA 98102

$1,425,000
3,130
SqFt

Listing courtesy of Windermere Real Estate Co.. Selling Office: Sound Realty Group Inc.

Sold Price
$1,425,000
List Price
$1,500,000
Status
SOLD
MLS#
1660525
Closing Date
Mar 02, 2021
Days on Market
79
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,130
Area Total SqFt
3130
Annual Tax Ammount
10676
Lot Size (sq ft)
4,080
Sewer
Sewer Connected

Property Description

Designed and custom-built for the current owner in 1993, this duplex was designed with a fabulous two-story owner unit & an additional daylight lower level unit. Outstanding location on the west side of Capitol Hill - close to the central business districts of So. Lake Union, Eastlake & Capitol Hill. Enjoy lake, mountain & sunset views. The building features private view decks, vaulted ceilings, custom cabinetry, high end finishes, cork & slate floors, separate laundry & off-street parking

Additional Information

List Date
2020-12-13 00:00:00
Community
North Capitol Hill
Net Operating Income
$63,324
Gross Adjusted Income
$78,720
Gross Scheduled Income
$78,720
Total Monthly Income
$6,560
Insurance Expenses
$1,270
Water/Sewer/Garbage Expenses
$3,450
Gross Rent Multiplier
19
Total Expenses
$15,396
Cap Rate
4.22
Total Number of Units
2
Unit Name
1038
Potential Terms
Cash Out, Conventional
Year Built
1993
View
City, Lake, Mountain(s), Territorial
Roof
Flat
Site Features
Cabana/Gazebo, Cable TV, Deck, Fenced-Partially, Gas Available
School District
Seattle
Total Monthly Income
$6,560
Gross Scheduled Income
$78,720
Gross Adjusted Income
$78,720
Tax Year
2020
Insurance Expense
$1,270
W/S/G Expenses
$3,450
Total Expenses
$15,396
Net Operating Income
$63,324
Gross Rent Multiplier
19
Cap Rate
4.22
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