OFF_MARKETRisky Deal114 days on market

3038 E Laurelhurst Drive NE

3038 E Laurelhurst Drive NE, Seattle, WA 98105, Seattle, WA 98105
$16,900,000
Zestimate®:$15,089,400

Listing Price

Property image 1
3038 E Laurelhurst Drive NE, Seattle, WA 98105
Loc: Seattle, WA
Days Listed
114
Tax Assessed
$17630k
Zestimate®
$15089k
Market Rate
Lot Size
0.99 acres
Rent Estimate
$6,945/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.

7

Laurelhurst Elementary School

K-5
0.9 mi away
9

Eckstein Middle School

6-8
2.4 mi away
10

Roosevelt High School

9-12
2.6 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
-0.77%
Total ROI
-14.2%
Cash Flow
$-96,355/mo
DSCR
-0.13
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-12Listed for sale$16,900,000$1,499
1998-03-02Sold$5,500,000$488

Tax History

YearProperty TaxTax Assessment
2025$179,321.11$17,630,000
2024$161,173.27$17,050,000
2023$141,536.58$15,132,000
2022$147,724.36$17,668,000
2021$182,096.38$20,166,000
2020$165,884.42$17,411,000
2019$154,490.98$16,359,000
2018$137,541.56$16,209,000
2017$143,306.78$14,667,000
2016$144,868.22$15,325,000
2015$144,868.22$16,827,000
2014$144,868.22$15,375,000
2013$144,868.22$13,225,000
2012$0$12,721,000
2011$0$8,580,000
2010$0$8,937,000
2009$0$8,937,000
2007$0$9,105,000
2006$0$8,755,000
2005$0$9,542,000
2001$64,310.6$5,608,000
2000$66,992.1$5,499,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
10
Sq Ft
11,271
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: $16,900,000Rent Basis: Observed Comp Model ($6,945/mo)State Tax Benchmark: 0.94% (WA)Hazard Reserve: $4,929/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-0.95%

NOI: $-160,698/yr

Cash-on-Cash Yield
-31.2%

On $3,887,000 invested

DSCR Ratio
-0.15x

Negative debt coverage

5-Yr Leveraged ROI
+-61.8%

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)-$13,810/mo
Homeowner / Hazard Insurance-$4,929/mo
Vacancy Reserve (5% of rent)-$347/mo
Repairs & Maintenance (10% of rent)-$695/mo
Property Management (8% of rent)-$556/mo
Total Pure Operating Expenses-$20,337/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,945/mo
Less: Operating Expenses-$20,337/mo
Net Operating Income (NOI)+$-13,392/mo
Less: Debt Service (30yr @ 6.75%)-$87,690/mo
Net Cash Flow
$-101,082/mo
$-1,212,984/year
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3038 E Laurelhurst Drive NE | Seattle, WA | Haven AI Analysis | Haven by ScoutHavens