717 High Ave

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717 High Ave

Sultan, WA 98294
Asking Price
$1.60M
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 717 High Ave in Sultan, Washington
  • Residential land parcel spanning 2.61 total acres
  • Offered for purchase at an asking price of 1,600,000 dollars
  • Situated within the growing landscape of Snohomish County
  • Strategic site suitable for residential development projects

What's Special

Sultan serves as a scenic gateway to the Cascade Mountains, positioned within Snohomish County. This 2.61-acre parcel of residential land sits along High Ave, benefiting from the area's transition into a preferred residential destination for those seeking proximity to both outdoor recreation and regional employment hubs. The site offers significant potential for developers looking to capitalize on the sustained demand for housing in this part of Washington state. Given the configuration and zoning classification, this property is well-suited for residential project planning. Investors and builders may explore various development options tailored to the growing local population. The land provides a foundation for residential expansion in a market that balances regional accessibility with a small-town character.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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