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4755 S Bond St
Seattle, WA 98118
Asking Price
$1.20M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 1.12 acres <ul><li>Six contiguous single-family lots totaling 48,925 SF (±1.12 acres)</li><li>24 detached dwelling units (4 standalone units x 6 lots)</li><li>One of the few large contiguous development sites left in the City of Seattle</li><li>Situated on a quiet low-traffic street adjacent to the Chief Sealth Trail and Lakeridge Park</li><li>Close proximity to the Rainier Beach Link Light Rail Station, Lake Washington, shops, and grocery stores</li><li>All units are designed as detached, fee-simple
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
