For SaleNeutral Deal685 days on market
1655 NE 2nd St
1655 NE 2nd St, Hermiston, OR 97838, Hermiston, OR 97838
$340,000
Listing Price
1655 NE 2nd St, Hermiston, OR 97838
Loc: Hermiston, OR
Days Listed
685
Tax Assessed
$128k
Lot Size
0.47 acres
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
0.8 mi away
4
Armand Larive Middle School
6-8
2 mi away
7
Hermiston High School
9-12
1.2 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-styledetached garagelarge drivewayfenced yardmature treessuburbancozysingle-storyasphalt roofwood sidingresidentiallandscaped
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.67%
Total ROI
103.9%
Cash Flow
$127/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $127/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • 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 |
|---|---|---|---|
| 2026-09-03 | Price change | $340,000 | $291 |
| 2026-08-17 | Listed for sale | $345,000 | $295 |
| 2026-07-15 | Listing removed | $350,000 | $299 |
| 2026-07-01 | Listed for sale | $350,000 | $299 |
| 2026-06-03 | Pending sale | $350,000 | $299 |
| 2026-05-27 | Listing removed | $350,000 | $299 |
| 2026-03-10 | Price change | $350,000 | $299 |
| 2025-10-03 | Price change | $375,000 | $321 |
| 2025-07-24 | Price change | $380,000 | $325 |
| 2025-05-26 | Price change | $385,500 | $329 |
| 2025-04-14 | Listed for sale | $390,000 | $333 |
| 2025-03-16 | Pending sale | $390,000 | $333 |
| 2025-01-22 | Price change | $390,000 | $333 |
| 2024-11-08 | Listed for sale | $399,000 | $341 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $1,535.35 | $73,460 |
| 2022 | $1,488.43 | $69,260 |
| 2021 | $1,453.49 | $67,250 |
| 2020 | $1,403.73 | $65,300 |
| 2019 | $1,366.44 | $63,400 |
| 2018 | $887.81 | $61,560 |
| 2017 | $867.03 | $59,770 |
| 2016 | $837.2 | $58,030 |
| 2015 | $837.2 | $53,110 |
| 2014 | $801.8 | $53,110 |
| 2013 | $767.3 | $53,110 |
| 2011 | $722.87 | $50,070 |
| 2010 | $701 | $48,620 |
| 2009 | $1,052.72 | $47,210 |
| 2008 | $930.64 | $45,840 |
| 2007 | $935.69 | $44,510 |
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