9428 9430 Edgewood Lane SW, Lakewood, WA 98498

$730,000
2,344
SqFt

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Listing courtesy of John L. Scott, Inc.. Selling Office: RE/MAX Integrity.

Sold Price
$730,000
List Price
$729,950
Status
SOLD
MLS#
2267873
Closing Date
Aug 12, 2024
Days on Market
4
Style
52 - Duplex
Finished SqFt
2,344
Area Total SqFt
2344
Annual Tax Ammount
6930
Lot Size (sq ft)
11,110
Sewer
Sewer Connected

Property Description

Duplex built in 2023 almost like new! Total 6 bedrooms, 5baths, 2,344 total square feet. Each unit has 1 car garage, driveway that can fit two cars each, and fenced backyard. Kitchen with white cabinets, stainless steel appliances, quartz countertops, and dining area. Good size bedrooms, full size washer and dryer, and storage space. Gravel area for extra parking. Close to American Lake park and lake access. Minutes from VA hospital, close to Lakewood Town Center, I-5 and JBLM.

Additional Information

List Date
2024-08-08 00:00:00
Community
American Lake
Net Operating Income
$49,427
Gross Adjusted Income
$60,000
Gross Scheduled Income
$60,000
Total Monthly Income
$5,000
Insurance Expenses
$1,309
Water/Sewer/Garbage Expenses
$2,334
Gross Rent Multiplier
12.17
Total Expenses
$10,573
Cap Rate
6.8
Total Number of Units
2
Unit Name
9428 9430
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2023
Roof
Composition
Site Features
Fenced-Fully, Patio
Energy Source
Electric
School District
Clover Park
Elementary School
Lake Louise Elem
Middle School
Buyer To Verify
High School
Lakes High
Total Monthly Income
$5,000
Gross Scheduled Income
$60,000
Gross Adjusted Income
$60,000
Tax Year
2024
Insurance Expense
$1,309
W/S/G Expenses
$2,334
Total Expenses
$10,573
Net Operating Income
$49,427
Gross Rent Multiplier
12.17
Cap Rate
6.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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