16016 Rose Road, Stanwood, WA 98292

$2,995,000
3,772
SqFt

Listing courtesy of RE/MAX Platinum Srvs/Silverdal.

List Price
$2,995,000
Status
PENDING
MLS#
2238397
Days on Market
130
Style
52 - Duplex
Building Condition
Remodeled
Finished SqFt
3,772
Area Total SqFt
3772
Annual Tax Ammount
12992
Lot Size (sq ft)
67,954
Sewer
Septic Tank

Property Description

Discover a prime income-producing vacation rental on Lake Goodwin with over 5,000 sq ft of space! Accommodating up to 16 guests, this lakeside retreat features a no-bank private beach, new dock, and boat lift. Spacious, modern interiors and outdoor amenities including a hot tub, fire pit, and outdoor kitchen make it perfect for relaxing or entertaining. Enjoy fishing, boating, or lounging by the water. Recently cleared land across the street, included with the property, offers future potential. Just 1 hour from Seattle/Bellevue and 2 hours from Canada, this is both a getaway and an excellent investment!!

Additional Information

List Date
2024-05-26 20:19:09
Community
Seven Lakes
Net Operating Income
$152,153
Gross Adjusted Income
$124,209
Gross Scheduled Income
$400,405
Total Monthly Income
$32,910
Insurance Expenses
$3,000
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
0.49
Total Expenses
$30,392
Cap Rate
5
Vacancy Rate
62
Total Number of Units
2
Unit Name
16016
Potential Terms
Cash Out, Conventional
Year Built
1977
Waterfront
Yes
View
Lake, Territorial
Roof
Composition, Torch Down
Site Features
Boat House, Cabana/Gazebo, Cable TV, Deck, Dock, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, Propane, RV Parking, Sprinkler System
Electric Expenses
4800
Other Expenses
4800
Energy Source
Electric, Propane, See Remarks
School District
Lakewood
Elementary School
Lakewood Elem
Middle School
Buyer To Verify
High School
Lakewood High
Total Monthly Income
$32,910
Gross Scheduled Income
$400,405
Vacancy Rate
62
Gross Adjusted Income
$124,209
Tax Year
2023
Insurance Expense
$3,000
W/S/G Expenses
$2,400
Total Expenses
$30,392
Net Operating Income
$152,153
Gross Rent Multiplier
0.49
Cap Rate
5
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.

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