2038 Yale Avenue East

Seattle, WA 98102

$3,700,000
Price
Studio
Beds
6,303 Sq. Ft.
$587 / Sq. Ft.
6,303
Sq. Ft.
$587
per Sq. Ft.

Property Details for 2038 Yale Avenue East

StatusActive
MLS #1526441
Year Built1928
DOM17
Compass TypeMulti Family
MLS TypeMulti Family
Lot Size0.15 AC / 6,600 SF
Taxes$21,301 / year
Condo/Co-op Fees-
HOA Fees-
CountyKing County

Listing Agent

Paige Dumler

Windermere RE/Capitol Hill,Inc

caphill@windermere.com

P: 206.324.8900

Contact Agent(s)

Property Details for 2038 Yale Avenue East

Community Name
Eastlake
School District
Seattle

Description

The Gladstone, a fully-renovated, seven unit apartment building in the heart of Eastlake, Seattle. The Gladstone was purchased in 2015 after 70 years of ownership by the same family. The seller has renovated the property extensively including; upgrades to electrical panels and water lines, refinishing the original hardwoods, new kitchens and bathrooms, stainless steel appliances, adding in-unit stacked laundry machines, and tasteful fixtures and finishes to match the 1920s charm.

Location

Listing Courtesy of Windermere RE/Capitol Hill,Inc

Building Information for 2038 Yale Avenue East

Stories-Residences7Year Built1928Building Size-Lot Size0.15 AC / 6,600 SF

Payment Calculator

$15,083 per month

30 year fixed, 3.51% Interest

Principal and Interest

$13,308

Property Taxes

$1,775

HOA Dues

$0

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Property Information for 2038 Yale Avenue East

Summary
    Location and General Information
  • Amenities: Fire Sprinklers,See Remarks
  • Style: 55 - 5-9 Units
  • Area: 390 - Central Seattle
  • Block: 3
  • Elementary School: Buyer To Verify
  • Junior High: Buyer To Verify
  • Senior High: Buyer To Verify
  • Directions: From Eastlake turn West onto E Boston St and then South onto Yale Ave E. Bldg on West side of street
  • Leased Items: None
  • Map Book: Thom
  • MLS Status: A
    Taxes and HOA Information
  • Tax Year: 2018
    Parking
  • Number of Garage Spaces: 0
  • Number of Carport Spaces: 0
Interior and Exterior Features
    Bathroom Information
  • Total Bathrooms: 0
  • Full Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Quarter Bathrooms: 0
    Bedroom Information
  • Approved Number of Bedrooms: 0
    Interior Features
  • Floor Covering: Hardwood
  • New Construction: N
    Exterior Features
  • Exterior: Brick
  • Roof: Flat
Property
    Utilities
  • Energy Source: Electric
  • Heating and Cooling: Wall
  • Sewer: Sewer Connected
  • Water Source: Public
  • Water/Sewer/Garbage: 5856
  • Power Company: SCL
  • Sewer Company: SPU
  • Water Company: SPU
    Property and Assessments
  • Zoning Jurisdiction: City
  • General Zoning Classification: Multi-Family
    Lot Information
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Number: 10
  • Lot Size Source: Realist
  • Parcel Number: 2902200215
Multi Family
    Building Details
  • Total Number of Parking Spaces: 6
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 3
  • Vacancy Rate: 4
    Financing / Income and Expenses
  • Electrical Expenses: $0
  • Total Expenses: $47,676
  • Gross Adjusted Income: $205,229
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: $213,780
  • Heating Expenses: $0
  • Insurance Expenses: $2,908
  • Net Operating Income: $157,552
  • Other Expenses: 17611
  • Total Monthly Income: 157552
    Unit 1
  • Washer/Dryer Unit 1: N
  • Range/Oven Unit 1: N
  • Refrigerator Unit 1: N
  • Dishwasher Unit 1: N
  • Square Feet Unit 1: 0
  • Rent Unit 1: $0
  • Bedrooms Unit 1: 0
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 0.0
    Unit 2
  • Washer/Dryer Unit 2: N
  • Range/Oven Unit 2: N
  • Refrigerator Unit 2: N
  • Dishwasher Unit 2: N
  • Square Feet Unit 2: 0
  • Rent Unit 2: $0
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 0.0
    Unit 3
  • Washer/Dryer Unit 3: N
  • Range/Oven Unit 3: N
  • Refrigerator Unit 3: N
  • Dishwasher Unit 3: N
  • Square Feet Unit 3: 0
  • Rent Unit 3: $0
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 0.0
    Unit 4
  • Washer/Dryer Unit 4: N
  • Range/Oven Unit 4: N
  • Refrigerator Unit 4: N
  • Dishwasher Unit 4: N
  • Square Feet Unit 4: 0
  • Rent Unit 4: $0
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 0.0
    Unit 5
  • Washer/Dryer Unit 5: N
  • Range/Oven Unit 5: N
  • Refrigerator Unit 5: N
  • Dishwasher Unit 5: N
  • Square Feet Unit 5: 0
  • Rent Unit 5: $0
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 0.0
    Unit 6
  • Washer/Dryer Unit 6: N
  • Range/Oven Unit 6: N
  • Refrigerator Unit 6: N
  • Dishwasher Unit 6: N
  • Square Feet Unit 6: 0
  • Rent Unit 6: $0
  • Bedrooms Unit 6: 0
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 0.0

Property History for 2038 Yale Avenue East

DateEvent & SourcePriceAppreciation
Oct 18, 2019Price Change

NWMLS #1526441

$3,700,000
Oct 1, 2019Listed (Active)

NWMLS #1526441

$3,850,000
DateEvent & SourcePrice
10/18/2019
Price Change

NWMLS #1526441

$3,700,000
10/01/2019
Listed (Active)

NWMLS #1526441

$3,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2038 Yale Avenue East

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Bertschi SchoolPrivatePK-50.3 mi
NR
Tops K-8PublicPK-80.3 mi
7
Bright Water Waldorf SchoolPrivateK-80.5 mi
NR
Seattle Preparatory SchoolPrivate9-120.5 mi
NR

Bertschi School

PK-5, 0.3 mi, Private

NR

Tops K-8

PK-8, 0.3 mi, Public

7

Bright Water Waldorf School

K-8, 0.5 mi, Private

NR

Seattle Preparatory School

9-12, 0.5 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2038 Yale Avenue East is a multi-family home for sale in Seattle, WA 98102. This property was listed for sale on October 1, 2019 by Windermere RE/Capitol Hill,Inc at $3,700,000. Nearby schools include Ae #2 (Decatur), The Center School and Seattle Hebrew Academy. 2038 Yale Avenue East is a 0-bed, 0-bath, 6,303 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Windermere RE/Capitol Hill,Inc
Listing provided courtesy of Northwest MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.