OFF_MARKETRisky Deal1 days on market

2301 Delmar Drive E

2301 Delmar Drive E, Seattle, WA 98102, Seattle, WA 98102
$1,050,000
Zestimate®:$1,000,500

Listing Price

Property image 1
2301 Delmar Drive E, Seattle, WA 98102
Loc: Seattle, WA
Days Listed
1
Tax Assessed
$864k
Zestimate®
$1001k
Market Rate
Lot Size
3,999 sqft
Rent Estimate
$4,171/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Montlake Elementary School

K-5
0.4 mi away
7

Edmonds S. Meany Middle School

6-8
1.3 mi away
8

Garfield High School

9-12
2.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.19%
Total ROI
5.6%
Cash Flow
$-2,519/mo
DSCR
0.53
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-12Listed for sale$1,050,000$705
2019-04-05Sold$816,000$548
2019-03-07Pending sale$815,000$547
2019-03-01Listed for sale$815,000$547
2016-11-17Sold$730,000$490
2016-09-30Listed for sale$729,000$489
2013-12-06Sold$525,000$352
2013-10-29Pending sale$525,000$352
2013-10-16Listed for sale$525,000$352
2002-10-01Sold$390,000$262
1999-08-25Sold$295,000$198
1998-09-23Sold$269,500$181
1996-07-31Sold$191,950$129

Tax History

YearProperty TaxTax Assessment
2024$8,535.68$864,000
2023$7,948.74$818,000
2022$7,770.23$894,000
2021$7,282.07$770,000
2020$7,166.55$720,000
2019$7,288.7$743,000
2018$6,355.36$719,000
2017$6,335.52$624,000
2016$4,388.5$553,000
2015$4,388.5$505,000
2014$4,388.5$444,000
2013$4,388.5$417,000
2012$0$362,000
2011$0$381,000
2010$0$409,000
2009$0$409,000
2007$0$401,000
2006$0$372,000
2005$0$322,000
2001$3,058.68$258,000
2000$2,706.82$216,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,490
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,050,000Rent Basis: Observed Comp Model ($4,171/mo)State Tax Benchmark: 0.94% (WA)Hazard Reserve: $306/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.55%

NOI: $26,746/yr

Cash-on-Cash Yield
-16.0%

On $241,500 invested

DSCR Ratio
0.41x

Negative debt coverage

5-Yr Leveraged ROI
+14.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.94% of basis)-$677/mo
Homeowner / Hazard Insurance-$306/mo
Vacancy Reserve (5% of rent)-$209/mo
Repairs & Maintenance (10% of rent)-$417/mo
Property Management (8% of rent)-$334/mo
Total Pure Operating Expenses-$1,942/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,171/mo
Less: Operating Expenses-$1,942/mo
Net Operating Income (NOI)+$2,229/mo
Less: Debt Service (30yr @ 6.75%)-$5,448/mo
Net Cash Flow
$-3,219/mo
$-38,632/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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