Off-Market Condo at 1321 Seneca St, Seattle, WA 98101
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $143 per day and long-term for an average of $2,532 per month, based on similar listings in the area. Estimated short-term cap rate of -2.6%. Estimated long-term cap rate of -3.9%. Experience a blend of luxury high-rise living and convenience at Luma! This stunning corner unit features 9' ceilings, walls of windows, a private balcony with city views, and Carrera marble countertops. Spacious primary bedroom with walk-in shower & large closet with custom built-ins. Expansive windows fill the space with natural light. Luma’s top-tier amenities include a 360-degree open-air terrace with breathtaking city, sound, lake, and mountain views, a fitness center, concierge, EV charging, pet lounge and more. Designated parking space and storage included. Steps from top dining, nightlife, Whole Foods and prime work centers in Seattle. Walk score 99.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$838
Rental Policy
daily
Yearly Taxes
$5875
Bedrooms
1
Bathrooms
1
SQFT
794
Furnished
N/A
Year built
2016
Listing Status
Off Market
MLS
2351712

Short-term Rental Potential
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$37,920

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$736

Price/SQFT

Long-term Rental Potential
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$30,384

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,532/mo

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