Exceptional investment opportunity w/established & turnkey Airbnb! Fully furnished - just built in 2023. Better than new construction. Thousands in improvements & full year of financials available. Self-managed, it's pushing ~9.9% cap rate. 2024's income: ~$92k (gross) - NOI: ~$62k! This included 76 black-out days in 2024, which are no longer a 2025 factor w/property management. Potential to improve cleaning fees by $20 per turn. Utilize a property management company & still land a mid-7s+ cap rate. All personal property, appliances, equipment, hot tub, EVSE hook-up, cameras, supplies & seller will transfer photos, videos/media to buyer. A/C, heat pump. Great personal vacation home as well. Active Airbnb please DO NOT disturb guests!
Sold
Listed by:
Ben P Eklund,
Skyline Properties, Inc.
$635,000
55509 311th Avenue Ct E, Ashford, WA 98304
2beds
1,085sqft
Single Family Residence
Built in 2023
0.33 Acres Lot
$622,300 Zestimate®
$585/sqft
$3,692 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 09, 2025 at 04:04am
Offers reviewed: Mar 25
Listed by:
Ben P Eklund,
Skyline Properties, Inc.
Bought with:
Tyler Vlasak, 128999
Coldwell Banker Bain
Source: NWMLS,MLS#: 2346827
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Heating
- Fireplace(s), 90%+ High Efficiency, Forced Air, Heat Pump
Cooling
- 90%+ High Efficiency, Central Air
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: electric, Water Heater Location: closet
Features
- Ceiling Fan(s), Dining Room, Loft
- Flooring: Vinyl Plank
- Windows: Double Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,085
- Total interior livable area: 1,085 sqft
Property
Parking
- Parking features: Driveway, RV Parking
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Loft, Water Heater
- Has spa: Yes
Lot
- Size: 0.33 Acres
- Features: Dead End Street, Deck, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Propane, RV Parking
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 3615221020
- Zoning: VR
- Special conditions: Standard
- Other equipment: Leased Equipment: propane tank
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Cement Planked, Metal/Vinyl, Cement Plank
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Very Good
- Year built: 2023
- Major remodel year: 2023
Utilities & green energy
- Electric: Company: Lewis PUD
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Ashford Water
- Utilities for property: Starlink
Community & neighborhood
Location
- Region: Ashford
- Subdivision: Echo Valley
HOA & financial
Other financial information
- Total actual rent: 7624
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 21 days