For SaleNeutral Deal70 days on market
1035 W Ridgeway Ave
1035 W Ridgeway Ave, Hermiston, OR 97838, Hermiston, OR 97838
$259,900
Listing Price
1035 W Ridgeway Ave, Hermiston, OR 97838
Loc: Hermiston, OR
Days Listed
70
Tax Assessed
$122k
Lot Size
10,454 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Rocky Heights Elementary School
K-5
0.5 mi away
4
Armand Larive Middle School
6-8
1.1 mi away
7
Hermiston High School
9-12
0.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylestucco sidingstone veneer facadestamped concrete drivewaywood fencesingle-storytraditional architectureresidentialcurb appealasphalt shingle roofcozyminimalist landscapingsuburban
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.48%
Total ROI
99.6%
Cash Flow
$54/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $54/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Hermiston
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Price change | $259,900 | $260 |
| 2026-08-27 | Price change | $269,900 | $270 |
| 2026-07-16 | Listed for sale | $274,900 | $275 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $1,898.99 | $90,860 |
| 2022 | $1,840.88 | $85,660 |
| 2021 | $1,797.56 | $83,170 |
| 2020 | $1,724.18 | $80,750 |
| 2019 | $1,685.88 | $78,400 |
| 2018 | $1,668.78 | $76,120 |
| 2017 | $1,568.57 | $73,910 |
| 2016 | $1,434.58 | $71,760 |
| 2015 | $1,434.58 | $65,050 |
| 2014 | $1,314.77 | $65,050 |
| 2013 | $1,303.28 | $65,050 |
| 2011 | $1,430.72 | $65,680 |
| 2010 | $1,388.03 | $63,770 |
| 2009 | $1,380.73 | $61,920 |
| 2008 | $1,220.58 | $60,120 |
| 2007 | $1,227.04 | $58,370 |
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