OFF_MARKETExcellent Deal170 days on market

2401 N Northlake Way

2401 N Northlake Way, Seattle, WA 98103, Seattle, WA 98103
$125,000

Listing Price

Property image 1
2401 N Northlake Way, Seattle, WA 98103
Loc: Seattle, WA
Days Listed
170
Lot Size
479 sqft
Rent Estimate
$1,688/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

Green Lake Elementary School

PK-5
1.8 mi away
8

Hamilton International Middle School

6-8
0.6 mi away
10

Lincoln High School

9-12
0.8 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
13.39%
Total ROI
56.6%
Cash Flow
$763/mo
DSCR
2.21
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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
2026-05-06Price change$125,000$431
2026-02-04Listed for sale$135,000$466
2026-01-12Listing removed$135,000$466
2025-11-05Price change$135,000$466
2025-09-23Listed for sale$149,000$514
2024-12-09Listing removed$2,450$8
2024-11-03Listed for rent$2,450$8
2024-10-20Listing removed$2,850$10
2024-10-03Listed for rent$2,850$10
2016-03-28Listing removed$2,200$8
2016-02-26Listed for rent$2,200$8
2013-07-11Listing removed$120,000$414
2013-07-08Price change$120,000$414
2013-06-29Listed for sale$124,000$428
2011-11-08Sold$183,000$631
2006-08-02Sold$300,000$1,034
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
290
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: $125,000Rent Basis: Observed Comp Model ($1,688/mo)State Tax Benchmark: 0.94% (WA)Hazard Reserve: $100/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
10.58%

NOI: $13,222/yr

Cash-on-Cash Yield
18.9%

On $28,750 invested

DSCR Ratio
1.70x

Prime loan qualification

5-Yr Leveraged ROI
+188.8%

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)-$98/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$84/mo
Repairs & Maintenance (10% of rent)-$169/mo
Property Management (8% of rent)-$135/mo
Total Pure Operating Expenses-$586/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,688/mo
Less: Operating Expenses-$586/mo
Net Operating Income (NOI)+$1,102/mo
Less: Debt Service (30yr @ 6.75%)-$649/mo
Net Cash Flow
$453/mo
$5,439/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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