10560 Stone Ave N $1,268,000

    Close

    10560 Stone Ave N Seattle, WA 98133

    • 0 Beds
    • 0 Baths
    • 5,157 sq.ft.
    • Multi-Family
    Listing# 1454542
    SOLD 9/27/2019

    $1,268,000

    Days On Market: 20 0 Views
    Add to Favorites Share

    Property Details

    Homes at Stone 6 offer spacious and open floor plans. Select units feature in-unit washers/dryers, and a spacious laundry room serves the remaining units. Stone 6 is poised well for growth and offers residents a unique option that feels like home. A buyer has the potential to implement a modest value-add strategy to capture ample upside and further stabilize operations (~20% increase in rents). Buyer can achieve a 6%+ cash-on-cash return on pro-forma metrics.

    • General Features
      • County King
      • Zoning Code Multi-Family
      • County King
      • Lot Details Corner Lot
      • Lot Square Footage 8,629
      • Number of Stories 2
      • Number of Units 6
      • Style 55-5-9 Units
      • Year Built 1969
    • Building Features
      • Roof Flat
      • Exterior Wood
      • Amenities Coin Op Laundry
      • Approx SqFt 5,157
    • Financials
      • Total Monthly Income $8,389
      • Net Operating Income $59,012
      • Gross Scheduled Income $97,380
      • Gross Adjusted Income $95,799
      • Total Expenses $36,787
      • Other Expenses $13,665
      • Insurance Expenses $2,853
      • Expenses $36,787
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 13
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $11,425
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle

    Neighborhood

    98133 (Seattle) Demographics

    39Median Age
    6,698Population Density (per sq. mile)
    52%College Educated
    $54,707 Estimated Median Income
    10,109Estimated Total Home Owners
    11,160Estimated Total Renters
    48% / 52%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    47,522Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $585,000 Median Sales Price
    49 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        9/27/2019 12:00:00 AM Sold Source New Value: $1,268,000
        5/20/2019 2:01:09 PM Status Changed Source New Value: Pending

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.

        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.