21019 Royal Anne Road, Bothell, WA 98021
- $1,750,000
- 5,094
- SqFt
Listing courtesy of The Foundation Group LLC. Selling Office: The Remlinger Group.
- Sold Price
- $1,750,000
- List Price
- $1,600,000
- Status
- SOLD
- MLS#
- 1876128
- Closing Date
- May 25, 2022
- Days on Market
- 10
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 5,094
- Area Total SqFt
- 5094
- Annual Tax Ammount
- 9252
- Lot Size (sq ft)
- 43,124
- Sewer
- Sewer Connected
Property Description
Opportunity to purchase converted luxury Bothell home - currently leased MTM as 10B/4B memory care facility at $7,500/month + NNN. Day -one 5.63% cap with upside. Significant updates include hydronic heating, Simonton Sun Clean windows, freshly painted cedar siding, French drain on south side of property, and cement patio (March 2022). Large .99 acre lot has potential for second structure. New owner could convert property back into luxury home.
Additional Information
- List Date
- 2022-05-15 00:00:00
- Community
- Bothell
- Net Operating Income
- $90,000
- Gross Adjusted Income
- $90,000
- Gross Scheduled Income
- $112,752
- Total Monthly Income
- $9,396
- Insurance Expenses
- $3,000
- Gross Rent Multiplier
- 18
- Total Expenses
- $22,752
- Cap Rate
- 5.63
- Total Number of Units
- 2
- Unit Name
- 21019
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2006
- Waterfront
- Yes
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, Patio
- Other Expenses
- 10500
- Energy Source
- See Remarks
- School District
- Northshore
- Total Monthly Income
- $9,396
- Gross Scheduled Income
- $112,752
- Gross Adjusted Income
- $90,000
- Tax Year
- 2021
- Insurance Expense
- $3,000
- Total Expenses
- $22,752
- Net Operating Income
- $90,000
- Gross Rent Multiplier
- 18
- Cap Rate
- 5.63
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