8815 Fauntleroy Way SW, Seattle, WA 98136

$1,450,000
3,120
SqFt

Listing courtesy of The Preview Group. Selling Office: Windermere R E Mount Baker.

Sold Price
$1,450,000
List Price
$1,500,000
Status
SOLD
MLS#
1842447
Closing Date
Dec 29, 2021
Days on Market
70
Style
53 - Tri-plex
Finished SqFt
3,120
Area Total SqFt
3120
Annual Tax Ammount
8684
Lot Size (sq ft)
3,920
Sewer
Sewer Connected

Property Description

There are 2 address serving the parcel: 8815 and 8817 Fauntleroy Way SW. The main home is at 8815. Unit 1 covers the main level and downstairs. DROP DEAD VIEWS of the Sound, Olympics and Fauntleroy Ferry. 2 beds, bath off master and gourmet kitchen. Lincoln park is the neighbor to the north and wonderful boutique shops and restaurants serve your desires. Via a separate entrance and above Unit 1 is Unit 2. The views do not stop. Beneath the Garage at 8817 is the Studio appt. Live on site or lease out all 3 units. Close to all services.

Additional Information

List Date
2021-10-20 00:00:00
Community
Fauntleroy
Net Operating Income
$81,200
Gross Adjusted Income
$94,284
Gross Scheduled Income
$97,200
Total Monthly Income
$8,200
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$1,000
Gross Rent Multiplier
15
Total Expenses
$13,084
Cap Rate
5
Vacancy Rate
3
Total Number of Units
3
Unit Name
8815
Potential Terms
Cash Out, Conventional, Owner Financing
Year Built
1927
View
Bay, Mountain(s), Sound
Roof
Composition
Site Features
Deck
Other Expenses
2400
Energy Source
Electric, Oil
School District
Seattle
Total Monthly Income
$8,200
Gross Scheduled Income
$97,200
Vacancy Rate
3
Gross Adjusted Income
$94,284
Tax Year
2021
Insurance Expense
$1,000
W/S/G Expenses
$1,000
Total Expenses
$13,084
Net Operating Income
$81,200
Gross Rent Multiplier
15
Cap Rate
5
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