7229 Vandermark Road E, Bonney Lake, WA 98391
- $730,000
- 2,700
- SqFt
Listing courtesy of PPS Homes.
- List Price
- $730,000
- Status
- ACTIVE
- MLS#
- 2521681
- Days on Market
- 57
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,700
- Area Total SqFt
- 2700
- Annual Tax Ammount
- 6917
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 11,516
- Sewer
- Sewer Connected
Property Description
This turn-key duplex building is fully leased and located in desirable Bonney Lake, just blocks from Lake Tapps and parks. Each unit contains 3 bedrooms, 2 full baths, a bonus room, a washer-dryer and a 2-car garage. The nicely appointed kitchens have dishwashers and abundant cabinet space. Relax or entertain on the deck, or in the fully-fenced rear yard. From an investor's perspective, these modern buildings can make great investments and are located in a peaceful setting.
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Additional Information
- List Date
- 2026-06-01 23:46:12
- Community
- Lake Tapps
- Net Operating Income
- $40,856
- Gross Adjusted Income
- $48,960
- Gross Scheduled Income
- $48,960
- Total Monthly Income
- $4,080
- Insurance Expenses
- $1,187
- Gross Rent Multiplier
- 14.91
- Total Expenses
- $8,104
- Cap Rate
- 5.59
- Total Number of Units
- 2
- Unit Name
- 7229
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 2008
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, RV Parking
- Energy Source
- Electric
- School District
- Sumner-Bonney Lake
- Elementary School
- Emerald Hills Elem
- Middle School
- Lakeridge Middle
- High School
- Bonney Lake High
- Total Monthly Income
- $4,080
- Gross Scheduled Income
- $48,960
- Gross Adjusted Income
- $48,960
- Tax Year
- 2025
- Insurance Expense
- $1,187
- Total Expenses
- $8,104
- Net Operating Income
- $40,856
- Gross Rent Multiplier
- 14.91
- Cap Rate
- 5.59
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.