28400 16th Avenue S, Federal Way, WA 98003
- $790,000
- 3,532
- SqFt
Listing courtesy of Flux Real Estate. Selling Office: Tribeca NW Real Estate.
- Sold Price
- $790,000
- List Price
- $810,000
- Status
- SOLD
- MLS#
- 2291552
- Closing Date
- Dec 04, 2024
- Days on Market
- 43
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 3,532
- Area Total SqFt
- 3532
- Annual Tax Ammount
- 577
- Lot Size (sq ft)
- 13,939
- Sewer
- Sewer Connected
Property Description
This is a must see home! A large home, a DADU, & tons of potential for rental income! This 4 bed + studio boasts nearly 3,000 sq. ft. in the main home & nearly 600 sq. ft. in the detached apartment. Top floor of the main house consists of 2 beds & 2 baths w/ a large slider, skylights, covered deck, wood fireplace, & open concept living. Downstairs has its own kitchen, 2 large beds, 2 baths, newer washer/dryer & separate access. The detached apartment sits above the large 2-car garage & comes w/ 1 bath, a skylight that opens, & nice deck with loads of light. Brand new carpet throughout & interior paint. Live in this home full time with more than enough space or rent it out w/ 3 easy to rent spaces! The potential here is endless!
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Additional Information
- List Date
- 2024-10-22 00:00:00
- Community
- Redondo
- Net Operating Income
- $27,760
- Gross Adjusted Income
- $67,200
- Gross Scheduled Income
- $44,400
- Total Monthly Income
- $5,600
- Insurance Expenses
- $272
- Water/Sewer/Garbage Expenses
- $438
- Gross Rent Multiplier
- 8
- Total Expenses
- $1,587
- Cap Rate
- 100
- Total Number of Units
- 2
- Unit Name
- 28400
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1985
- View
- Partial, Sound, Territorial
- Roof
- Composition
- Site Features
- Deck, High Speed Internet
- Electric Expenses
- 150
- Energy Source
- Electric, Wood
- School District
- Federal Way
- Elementary School
- Woodmont Elem
- Middle School
- Sacajawea Jnr High
- High School
- Federal Way Snr High
- Total Monthly Income
- $5,600
- Gross Scheduled Income
- $44,400
- Gross Adjusted Income
- $67,200
- Tax Year
- 2024
- Insurance Expense
- $272
- W/S/G Expenses
- $438
- Total Expenses
- $1,587
- Net Operating Income
- $27,760
- Gross Rent Multiplier
- 8
- Cap Rate
- 100
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.