Off-Market Condo at 76 Cedar St, Seattle, WA 98121
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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 $329 per day and long-term for an average of $3,338 per month, based on similar listings in the area. Estimated short-term cap rate of 5.7%. Estimated long-term cap rate of -2.5%. A stunning urban retreat offering both style & convenience. This meticulously designed condo features sleek modern finishes & panoramic views of the vibrant Seattle skyline. Enjoy an open-concept living area perfect for entertaining, a gourmet kitchen complete with stainless steel appliances, spacious countertops, & ample storage. The spacious bedroom & the updated bathroom features contemporary fixtures & luxurious feel. This unit provides a high-end lifestyle with in-unit laundry, private parking, and secure building access. Located in the highly sought-after neighborhood, just steps from top-tier restaurants, shopping, entertainment, & public transportation. This is a rare chance to own in one of Seattle's most desirable areas.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$935
Rental Policy
daily
Yearly Taxes
$6533
Bedrooms
2
Bathrooms
2
SQFT
1,017
Furnished
N/A
Year built
2008
Listing Status
Off Market
MLS
2330855

Short-term Rental Potential
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$87,972

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$570

Price/SQFT

Long-term Rental Potential
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$40,056

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,338/mo

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