$799,900

Residential · MLS® A2275993
2Bedrooms
2Bathrooms
1,217.3Sq Ft
1Garage
2021Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Capella in University District, a small condo building with only 8 Estate Style single level luxury homes. This spacious and well laid-out 2 bedroom, 2 bathroom condo with single garage is just steps away from all of the amenities this highly desirable community offers. Located on the third floor is this modern residence with hardwood flooring, 10 foot ceilings, many large windows, central air conditioning, designer bathrooms and well-equipped spacious kitchen. The open concept main living space is...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,217.3 sq ft
ZoningM-2
HeatingFan Coil
CoolingCentral Air
ParkingHeated Garage • Single Garage Attached
ExteriorBalcony
Year Built2021
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,980After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-14.8%With 20% down payment
Est. Monthly Rent$2,230Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

UNIVERSITY DISTRICT

Premium Investment
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Investment Score89/100
Avg Home Price$463K
Active Listings27
Listed by Brenda Parai · RE/MAX Realty Professionals