Off-Market Condo at 9474 Redmond Woodinville RD Ne, Redmond, WA 98052

9474 Redmond Woodinville RD Ne, Redmond, WA 98052

Unit - #A305

$338,800

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $112 per day and long-term for an average of $2,058 per month, based on similar listings in the area. Estimated short-term cap rate of 1.7%. Estimated long-term cap rate of -1.7%. Welcome to this wonderful top floor 1 bedroom, 1 bath condo ideally located close to Redmond Town Center, Microsoft campus, Bella Bottega, library, restaurants, shopping, parks and freeway. Open floor plan with cozy wood-burning fireplace in living room adjacent to dining room. Updated kitchen with newer paint and fixtures. Full-size newer LG washer and dryer in unit. Large walk-in closet in bedroom. Private deck - perfect for entertaining and soak in the sun to relax. Great top floor unit in Excellent location! No rental cap!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$529
Rental Policy
daily
Yearly Taxes
$2570
Bedrooms
1
Bathrooms
1
SQFT
677
Furnished
N/A
Year built
1980
Listing Status
Off Market
MLS
2346357

Short-term Rental Potential
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$36,180

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$500

Price/SQFT

Long-term Rental Potential
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$24,696

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,058/mo

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