3811 Beach Drive SW, Seattle, WA 98116

$1,888,000
3,610
SqFt

Listing courtesy of Windermere R.E. Wall St. Inc.. Selling Office: Windermere R.E. Wall St. Inc..

Sold Price
$1,888,000
List Price
$1,888,000
Status
SOLD
MLS#
1249158
Closing Date
May 31, 2018
Days on Market
5
Style
52 - Duplex
Finished SqFt
3,610
Area Total SqFt
3610
Annual Tax Ammount
17648
Lot Size (sq ft)
18,476
Sewer
Sewer Connected

Property Description

The nicest waterfront duplex you've ever seen! Elegant 2600 sf main residence is a complete remodel w/central A/C & a chef's kitchen that includes only top of the line appliances & new cabinets. The "beachy cottage" upper unit is a delightful & spacious one bedroom w/an expansive view terrace. Sited on 50' (+/-) of prime waterfront on Beach Drive, you'll be able to take advantage of Alki Beach summer fun yet have the tranquility & calmness of your seaside home. Paradise found! Aloha from Alki!

Additional Information

List Date
2018-05-26 00:00:00
Community
Beach Drive
Net Operating Income
$60,371
Gross Adjusted Income
$84,000
Gross Scheduled Income
$7,000
Total Monthly Income
$7,000
Insurance Expenses
$1,440
Water/Sewer/Garbage Expenses
$2,181
Gross Rent Multiplier
22
Total Expenses
$23,628
Cap Rate
3.19
Total Number of Units
2
Unit Name
3811
Potential Terms
Cash Out, Conventional
Year Built
1921
Waterfront
Yes
View
Bay, Mountain(s), Sound
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
Electric Expenses
1729
Other Expenses
630
School District
Seattle
Elementary School
Alki
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$7,000
Gross Scheduled Income
$7,000
Gross Adjusted Income
$84,000
Tax Year
2018
Insurance Expense
$1,440
W/S/G Expenses
$2,181
Total Expenses
$23,628
Net Operating Income
$60,371
Gross Rent Multiplier
22
Cap Rate
3.19
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