Off-Market Property at 312 W Olympic Pl, Seattle, WA 98119
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $260 per day and long-term for an average of $2,982 per month, based on similar listings in the area. Estimated short-term cap rate of 0.6%. Estimated long-term cap rate of -3.1%. Experience luxury living in this 2-bdrm+ Bonus rm, 2-bth Queen Anne semi-detached townhome w/ stunning views of Seattle, Puget Sound, Space Needle & Mt. Rainier from almost every level. The 3rd flr features both bdrms & full bath. The main level is highlighted by elegant cherry hardwoods & a cozy gas fireplace. Entertain on the rooftop deck, plumbed for gas and ideal for gatherings. Recently repainted inside and out, with a newer roof for added peace of mind. The spacious 150 sqft finished Bonus room/attic offers excellent storage or use this space for an office/ Library. Enjoy secure parking w/ an attached garage. This home was recently a profitable short-term rental! Don’t miss a chance to own a piece of Seattle’s skyline

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7527
Bedrooms
2
Bathrooms
2
SQFT
1,095
Furnished
N/A
Year built
2006
Listing Status
Off Market
MLS
2282474

Short-term Rental Potential
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$67,116

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$776

Price/SQFT

Long-term Rental Potential
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$35,784

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,982/mo

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