Luna - Real Estate AI Assistant
Get insights, projections, and answers instantly!
POWERED BY 
Get insights, projections, and answers instantly!
POWERED BY
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $152 per day and long-term for an average of $2,218 per month, based on similar listings in the area. Estimated short-term cap rate of -0.9%. Estimated long-term cap rate of -2.9%. Discover the charm of this delightful condo at Trace North, perfectly situated in Seattle's vibrant Capitol Hill neighborhood. This inviting one-bedroom, one-bathroom unit also features an additional office/den, providing versatile space for work or relaxation. The kitchen is equipped with stainless steel appliances, a gas stove, and a convenient breakfast bar. Enjoy the entertainment deck, perfect for dining al fresco. The building offers the added benefits of a parking spot in a secured garage and extra storage. You'll love the rooftop deck, offering a serene escape with stunning views. With a WalkScore of 100, you'll have effortless access to local restaurants, and shops, making this ideal for those seeking the best of urban living.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $653 |
Rental Policy | daily |
Yearly Taxes | $4171 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 725 |
Furnished | N/A |
Year built | 2007 |
Listing Status | Off Market |
MLS | 2349158 |
Interest rate
Let’s analyze a 30-year fixed-rate mortgage for $421,000 at today’s interest rate of 0.07%.
The initial loan size, equal to your condo price: $421,000.
The monthly cost of borrowing, based on an annual rate of 0.07% (divided by 12).
Over 30 years, you’ll make 360 payments (30 years × 12 months).
Estimated monthly Homeowner Association fees: $653.
Yearly taxes of $4171, divided by 12 for a monthly estimate.
Combining principal, interest, payments, HOA fees, and taxes, your approximate yearly mortgage expenses are $38,892.
The capitalization (cap) rate measures a property’s rate of return based on its income. It’s calculated by dividing the Net Operating Income (NOI) by the Current Market Value, expressed as a percentage.
The income after operating expenses (e.g., management, maintenance, insurance), calculated as gross rental income minus these costs: $-12,276.
The estimated property value based on recent sales of similar properties: $421,000.
For a property with an NOI of $-12,276 per year and a market value of $421,000:
Formula: NOI / Current Market Value
$-12,276 / $421,000 = -2.9%
The capitalization (cap) rate measures a property’s rate of return based on its income. For short-term rentals, it’s calculated by dividing the Net Operating Income (NOI) by the Current Market Value, expressed as a percentage.
The income after operating expenses (e.g., management, maintenance, insurance), calculated as gross rental income minus these costs: $-3,588.
The estimated property value based on recent sales of similar properties: $421,000.
For a property with an NOI of $-3,588 per year and a market value of $421,000:
Formula: NOI / Current Market Value
$-3,588 / $421,000 = -0.9%
Interest rate
Cash on Cash Return is a key real estate metric that measures the annual cash income earned relative to the cash invested, expressed as a percentage. It’s calculated by dividing the Annual Pre-Tax Cash Flow by the Total Cash Invested.
The property’s yearly income after operating expenses, excluding financing costs.
Includes your down payment plus additional costs like closing fees.
For a property priced at $421,000 with a 20% down payment and 3% closing costs, and an annual pre-tax cash flow of $-12,276:
Formula: Annual Pre-Tax Cash Flow / Total Cash Invested
$-12,276 / ($421,000 × 0.2 + $421,000 × 0.03) = -12.7%
Cash on Cash Return measures the annual cash income earned from a property relative to the cash invested, expressed as a percentage. For short-term rentals, it’s calculated by dividing the Annual Pre-Tax Cash Flow by the Total Cash Invested.
The property’s yearly income after operating expenses, excluding financing costs.
Includes your down payment plus additional costs like closing fees.
For a property priced at $421,000 with a 20% down payment and 3% closing costs, and an annual pre-tax cash flow of $-3,588:
Formula: Annual Pre-Tax Cash Flow / Total Cash Invested
$-3,588 / ($421,000 × 0.2 + $421,000 × 0.03) = -3.7%
Here’s how we calculate your potential yearly revenue for short-term rentals:
We start with 365 days, the total number of days in a year.
The percentage of the year your property is rented out: Hidden%.
Calculated as 365 days × occupancy rate (Hidden%).
The amount charged per day: Hidden.
Rented days × daily rental rate.
Typically 3% of rental income, plus additional fees like HOA or property-specific costs.
Gross rental income minus fees: $35,304.
Using the rented days, daily rental rate, and applicable fees, your potential yearly revenue is approximately:
$35,304
Note: Some properties may have additional short-term rental fees (e.g., 15% at Club at Brickell, Edgewater, Miami), which are included in this calculation.
Monthly Rent Revenue
Yearly Rent Revenue
*Estimate based on similar properties in the area.
100 Comparable listings
$2,200/mo
Dist: 0.0 mi
1
1
615 sqft
$2,400/mo
Dist: 0.0 mi
1
1
632 sqft
$2,200/mo
Dist: 0.0 mi
1
1
647 sqft
$2,250/mo
Dist: 0.0 mi
1
1
661 sqft
$1,950/mo
Dist: 0.0 mi
1
1
672 sqft
$2,350/mo
Dist: 0.0 mi
1
1
680 sqft
$2,600/mo
Dist: 0.0 mi
1
1
725 sqft
$2,575/mo
Dist: 0.0 mi
1
1
803 sqft
$2,595/mo
Dist: 0.02 mi
1
1
687 sqft
$2,600/mo
Dist: 0.02 mi
1
1
760 sqft
$1,819/mo
Dist: 0.03 mi
1
1
735 sqft
$1,876/mo
Dist: 0.05 mi
1
1
580 sqft
$2,075/mo
Dist: 0.05 mi
1
1
610 sqft
$2,215/mo
Dist: 0.05 mi
1
1
670 sqft
$2,090/mo
Dist: 0.05 mi
1
1
730 sqft
$2,345/mo
Dist: 0.06 mi
1
1
754 sqft
$2,500/mo
Dist: 0.06 mi
1
1
793 sqft
$2,140/mo
Dist: 0.07 mi
1
1
624 sqft
$2,051/mo
Dist: 0.07 mi
1
1
632 sqft
$2,250/mo
Dist: 0.07 mi
1
1
696 sqft
$2,340/mo
Dist: 0.07 mi
1
1
697 sqft
$2,125/mo
Dist: 0.07 mi
1
1
701 sqft
$2,400/mo
Dist: 0.07 mi
1
1
712 sqft
$2,285/mo
Dist: 0.07 mi
1
1
712 sqft
$2,320/mo
Dist: 0.07 mi
1
1
712 sqft
$2,200/mo
Dist: 0.07 mi
1
1
751 sqft
$2,591/mo
Dist: 0.07 mi
1
1
771 sqft
$2,368/mo
Dist: 0.07 mi
1
1
773 sqft
$2,575/mo
Dist: 0.07 mi
1
1
832 sqft
$2,000/mo
Dist: 0.09 mi
1
1
617 sqft
$2,695/mo
Dist: 0.1 mi
1
1
763 sqft
$1,895/mo
Dist: 0.12 mi
1
1
600 sqft
$2,672/mo
Dist: 0.12 mi
1
1
616 sqft
$2,700/mo
Dist: 0.12 mi
1
1
616 sqft
$1,790/mo
Dist: 0.12 mi
1
1
616 sqft
$2,050/mo
Dist: 0.12 mi
1
1
616 sqft
$1,910/mo
Dist: 0.12 mi
1
1
617 sqft
$1,795/mo
Dist: 0.12 mi
1
1
617 sqft
$1,985/mo
Dist: 0.12 mi
1
1
620 sqft
$2,684/mo
Dist: 0.12 mi
1
1
623 sqft
$2,025/mo
Dist: 0.12 mi
1
1
669 sqft
$2,180/mo
Dist: 0.12 mi
1
1
672 sqft
$2,165/mo
Dist: 0.12 mi
1
1
682 sqft
$2,000/mo
Dist: 0.12 mi
1
1
691 sqft
$1,960/mo
Dist: 0.12 mi
1
1
693 sqft
$2,190/mo
Dist: 0.12 mi
1
1
694 sqft
$2,090/mo
Dist: 0.12 mi
1
1
702 sqft
$1,900/mo
Dist: 0.12 mi
1
1
705 sqft
$2,080/mo
Dist: 0.12 mi
1
1
710 sqft
$2,155/mo
Dist: 0.12 mi
1
1
710 sqft
$1,965/mo
Dist: 0.12 mi
1
1
711 sqft
$2,030/mo
Dist: 0.12 mi
1
1
725 sqft
$1,775/mo
Dist: 0.12 mi
1
1
729 sqft
$1,930/mo
Dist: 0.12 mi
1
1
749 sqft
$2,015/mo
Dist: 0.12 mi
1
1
758 sqft
$2,330/mo
Dist: 0.12 mi
1
1
758 sqft
$2,210/mo
Dist: 0.12 mi
1
1
781 sqft
$2,185/mo
Dist: 0.12 mi
1
1
791 sqft
$2,340/mo
Dist: 0.12 mi
1
1
802 sqft
$2,268/mo
Dist: 0.13 mi
1
1
581 sqft
$1,945/mo
Dist: 0.13 mi
1
1
601 sqft
$2,070/mo
Dist: 0.13 mi
1
1
601 sqft
$1,905/mo
Dist: 0.13 mi
1
1
601 sqft
$2,350/mo
Dist: 0.13 mi
1
1
623 sqft
$2,250/mo
Dist: 0.13 mi
1
1
623 sqft
$2,075/mo
Dist: 0.13 mi
1
1
637 sqft
$2,336/mo
Dist: 0.13 mi
1
1
637 sqft
$2,236/mo
Dist: 0.13 mi
1
1
637 sqft
$2,231/mo
Dist: 0.13 mi
1
1
645 sqft
$2,506/mo
Dist: 0.13 mi
1
1
645 sqft
$2,518/mo
Dist: 0.13 mi
1
1
651 sqft
$2,493/mo
Dist: 0.13 mi
1
1
651 sqft
$1,925/mo
Dist: 0.13 mi
1
1
664 sqft
$2,078/mo
Dist: 0.13 mi
1
1
690 sqft
$2,622/mo
Dist: 0.13 mi
1
1
745 sqft
$2,377/mo
Dist: 0.13 mi
1
1
755 sqft
$2,035/mo
Dist: 0.13 mi
1
1
755 sqft
$2,218/mo
Dist: 0.13 mi
1
1
837 sqft
$1,650/mo
Dist: 0.14 mi
1
1
650 sqft
$2,800/mo
Dist: 0.14 mi
1
1
725 sqft
$1,960/mo
Dist: 0.14 mi
1
1
745 sqft
$2,372/mo
Dist: 0.14 mi
1
1
770 sqft
$1,795/mo
Dist: 0.15 mi
1
1
665 sqft
$2,295/mo
Dist: 0.16 mi
1
1
580 sqft
$2,195/mo
Dist: 0.16 mi
1
1
582 sqft
$2,300/mo
Dist: 0.16 mi
1
1
583 sqft
$2,328/mo
Dist: 0.16 mi
1
1
597 sqft
$2,195/mo
Dist: 0.16 mi
1
1
600 sqft
$1,995/mo
Dist: 0.16 mi
1
1
600 sqft
$1,695/mo
Dist: 0.16 mi
1
1
600 sqft
$2,501/mo
Dist: 0.16 mi
1
1
605 sqft
$2,167/mo
Dist: 0.16 mi
1
1
618 sqft
$2,050/mo
Dist: 0.16 mi
1
1
640 sqft
$1,395/mo
Dist: 0.16 mi
1
1
640 sqft
$2,341/mo
Dist: 0.16 mi
1
1
647 sqft
$2,288/mo
Dist: 0.16 mi
1
1
647 sqft
$2,688/mo
Dist: 0.16 mi
1
1
707 sqft
$2,876/mo
Dist: 0.16 mi
1
1
707 sqft
$2,901/mo
Dist: 0.16 mi
1
1
715 sqft
$2,553/mo
Dist: 0.16 mi
1
1
741 sqft
