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9802 NE 188th St, Bothell, WA 98011

$755,000
Last sold 08/10/2016 after 8 Days
—
bed
—
bath
2,751
Sqft ($274/Sqft)

House not for sale

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About 9802 NE 188th St

Property type House

Neighborhood

Year built 1963

HOA fee $0/month

Lot size 10,824 Sqft

Property description

Very well maintained 4 unit income property located in heart of the City of Bothell. Each unit has two bedrooms and one bathroom and approximately 688 square feet of living space. Units currently rented well under potential market value by approximately an estimated 25 percent or more. Fresh exterior paint and newer roof. Updated appliances. Shared laundry room with coin operated units.

Listed by

Listing Agent - Kevin Caskey

Listing Office - John L. Scott, Inc.

Source: NWMLS

MLS#1007841 • last updated 1 year ago

Movoto checked NWMLS for data 19 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	1007841
SubType	Multi-Family
Type	Residential Income
SqFt	2751
Status	Sold
Lot Size (SqFt)	10824
Lot Size (Acres)	0.2485
Property Tax	5038
Year Built	1963
Buying Office Phone	425-392-1211
Condition	Very Good

Interior

Exterior
Roof	Torch Down
# Open Parking Spaces	12
# Parking Spaces	12
# Uncovered Spaces	12
Exterior Features	Wood

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected, Bothell
Water	Public
Water Company	Bothell
Power Company	PSE
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry, Thermal Windows

Location
Waterfront	Creek
County	King
Subdivision	Bothell
Area	_600JuanitaWoodinvi
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Lake Washington
High School	Buyer To Verify
APN	626059233
Directions	From Downtown Bothell Head North On Bothell Way NE To NE 188th. Then Turn West And Units Are On The Right North Side.
Zoning	Multi-Family, Residential

Multifamily Details
Net Operating Income	32102
Capitalization Rate	3.8
Expense: Insurance	1361
Expense: Electricity	351
Gross Scheduled Income	39240
Gross Adjusted Income	32103
Total Expenses	7138
Gross Rent Multiplier	17
Nwm_Totalmonthlyincome	3270

Lot/ Land Details
Site Features	Cable TV, High Speed Internet

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Aug 2016
Public Records
Aug 31, 2016 Sold
$755,000
Aug 2016
MLS # 1007841
Aug 10, 2016 Pending
—
Aug 10, 2016 Sold
$755,000 (+8.6%)
Aug 2, 2016 Listed
$695,000
Aug 1, 2016 Listed
$695,000

9802 NE 188th St
$755K
Downtown-190th-Riverfront
$1.05M -4% y/y
98011
$935K -6% y/y
Bothell
$799K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
18832 Bothell Way Ne, Bothell, WA 98011	$1,445,000	4/2	2,250	0.08
18824 Bothell Way Ne, Bothell, WA 98011	$1,182,000	3/1	1,670	0.09
18812 Bothell Way Ne, Bothell, WA 98011	$630,000	3/1	1,360	0.09
18820 95th Ave Ne, Bothell, WA 98011	$2,069,000	5/2	4,590	0.12
9910 Ne 188th Pl, Bothell, WA 98011	$2,492,000	2/1	1,330	0.13
9520 Ne 188th St, Bothell, WA 98011	$1,762,000	4/2	4,140	0.13
9917 Ne 190th St, Bothell, WA 98011	$1,281,000	3/1	1,200	0.13
9544 Ne 188th St, Bothell, WA 98011	$1,779,000	5/3	3,920	0.14

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.