401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 401 Madrona Way NE #1-38 Location:
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Listing provided courtesy of Sterling Johnston Real Estate

401 Madrona Way NE #1-38

Bainbridge Island, WA 98110
68 bed
56 bath
42,660 sqft
$22,400,000
Pending Sale
On ZeroDown: 3 months ago

Ask ZeroDown

How is the Air Quality?
Chris
Air quality around the home was good for about 356 days.
ZeroDown
How are the Noise levels?
Ellen
Ambient noise level around this home is < 40 dBA, classified as faint - safe listening for any time period. Sounds like quiet library.
ZeroDown
Kim is asking a question...

About

38 Units,Downtown Winslow,Market Cap Rate 4.43%, In place Cap rate 4.27%,demographics comparable to Bellevue, considered to be an ‘A’ submarket outside of Seattle, High end construction built in 2019/20,The currently below-market rent provides the buyer an opportunity to increase income while likely maintaining high occupancy(currently approx.100% occupied)n ... Read more
Status
:
Pending
Style
:
10+ Units
MLS #
:
1711386
Community
:
Bainbridge Island
Year Built
:
2019
Lot Size
:
48,790 sq ft.
Property Type
:
Multi-Family
County
:
Kitsap
Virtual Tour
:
Floor Size
:
42,660 sq ft.
Listed by: Donna Marshall
Brokerage: Sterling Johnston Real Estate
MLS#: 1711386
Source: NWMLS
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Property Details

Interior Features
Unit 29 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,315
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
29
Unit 28 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,390
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
28
Unit 27 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,630
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
27
Unit 30 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,315
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
30
Unit 4 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,375
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
4
Unit 36 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,315
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
36
Unit 38 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,630
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
38
Unit 3 Information
# of Beds:
1
Unit Area (Sq. Ft.):
760
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
3
Unit 11 Information
# of Beds:
1
Unit Area (Sq. Ft.):
650
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
11
Multi-Unit Information
Insurance Expense:
$11,993.0
Total Expense:
$284,121.0
Vacancy Rate:
1
Gross Scheduled Income:
$1,252,440.0
Other Expense:
$113,752.0
Net Operating Income:
$955,794.0
Gross Adjusted Income:
$1,239,916.0
Total Monthly Income:
$104,370.0
Cap Rate (NOI/LP):
4.27
Gross Rent Multiplier:
18
Unit 33 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,630
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
33
Unit 16 Information
# of Beds:
2
Unit Area (Sq. Ft.):
885
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
16
Unit 17 Information
# of Beds:
1
Unit Area (Sq. Ft.):
650
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
17
Unit 37 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,390
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
37
Unit 1 Information
# of Beds:
1
Unit Area (Sq. Ft.):
755
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
1
Unit 26 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,630
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
26
Unit 7 Information
# of Beds:
1
Unit Area (Sq. Ft.):
610
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
7
Unit 9 Information
# of Beds:
1
Unit Area (Sq. Ft.):
610
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
9
Heating & Cooling
Heating & Cooling:
Ductless HP-Mini Split, Heat Pump
Unit 2 Information
# of Beds:
2
Unit Area (Sq. Ft.):
885
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
2
Unit 15 Information
# of Beds:
1
Unit Area (Sq. Ft.):
760
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
15
Unit 18 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,375
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
18
Unit 14 Information
# of Beds:
1
Unit Area (Sq. Ft.):
755
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
14
Unit 34 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,390
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
34
Unit 31 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,390
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
31
Unit 6 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,300
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
6
Unit 23 Information
# of Beds:
1
Unit Area (Sq. Ft.):
650
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
23
Unit 13 Information
# of Beds:
1
Unit Area (Sq. Ft.):
760
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
13
Unit 10 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,375
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
10
Unit 21 Information
# of Beds:
1
Unit Area (Sq. Ft.):
610
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
21
Unit 25 Information
# of Beds:
1
Unit Area (Sq. Ft.):
760
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
25
Unit 8 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,300
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
8
Unit 20 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,300
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
20
Unit 12 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,630
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
12
Unit 5 Information
# of Beds:
1
Unit Area (Sq. Ft.):
650
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
5
Interior Features
Interior Features:
Ductless HP-Mini Split, Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet
Flooring:
Bamboo/Cork, Ceramic Tile, Concrete, Hardwood, Carpet
Unit 24 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,375
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
24
Unit 19 Information
# of Beds:
1
Unit Area (Sq. Ft.):
610
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
19
Unit 35 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,315
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
35
Unit 22 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,300
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
22
Unit 32 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,630
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
32
Exterior Features
Exterior Features
Construction Methods:
Insulated Concrete Form (ICF), Steel & Concrete
Exterior Features:
Cement/Concrete, Metal/Vinyl
Roof:
Flat
Building Information
Foundation:
Poured Concrete
Structure Type:
Multi Family
Year Built Source:
Public Records
Details provided by NWMLS and may not match the public record.

Disclaimer: The information contained in this listing has not been verified by Sterling Johnston Real Estate and should be verified by the buyer.

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Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
401 Madrona Way NE #1-38 is a 42660 sq ft house with 68 beds and 56 baths.
What’s the current price of this home?
401 Madrona Way NE #1-38 is currently priced at 22,400,000.
How many photos are available for this home?
ZeroDown has 31 photos of 401 Madrona Way NE #1-38.
Is 401 Madrona Way NE #1-38 in a quiet neighborhood?
Ambient noise level around this home is < 40 dBA, classified as faint - safe listening for any time period. Sounds like quiet library.
What are the internet/broadband options for 401 Madrona Way NE #1-38?
Get into the gaming mode with 987.0+ Mbps download speeds available on this block powered by COMCAST CABLE COMMUNICATIONS, LLC.
What are the nearest hospitals/urgent care centers for 401 Madrona Way NE #1-38?
1 urgent care centers at a driving distance of 10 mins. 1 hospitals at a walking distance of 2-5 mins.
What are the school options for 401 Madrona Way NE #1-38?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. Capt. Johnston Blakely Elementary School (#3 in metro), Capt. Charles Wilkes Elementary School (#8 in metro), Odyssey Multiage Program (#46 in metro) among 4 A+/A rated public elementary schools in the district. Ratings and rankings are from Niche. Sonoji Sakai Intermediate School (#6 in metro), Woodward Middle School (#7 in metro), Odyssey Multiage Program (#15 in metro) among 4 A+/A/A- rated public middle schools in the district. Ratings and rankings are from Niche. Bainbridge High School (#13 in metro), Eagle Harbor High School (#44 in metro) among high schools in the district. Ratings and rankings are from Niche.
How does it feel to live in 98110 zip code?
98110 has a neighborly feel with 83.6% owner-occupied homes and an average household size of 2.5 members.
When was this home built?
401 Madrona Way NE #1-38 was built in 2019.
How long has this home been listed on ZeroDown?
401 Madrona Way NE #1-38 has been on ZeroDown for 3 months.
How is the air quality around 401 Madrona Way NE #1-38?
Air quality around the home was good for about 356 days.
Are there electric charging stations around 401 Madrona Way NE #1-38?
8 electric car charging points within a 5-minute driving distance, this is relatively higher than nearby neighborhoods.
What are the public transportation options for 401 Madrona Way NE #1-38?
The nearest airport is Seattle-Tacoma International Airport, which is 15.6 miles away. Bainbridge Island (Washington State Ferry) ferry is within a 15 min drive
What are the grocery and delivery options for 401 Madrona Way NE #1-38?
1 grocery stores at a walking distance of 2-5 mins.
What are child care options around 401 Madrona Way NE #1-38?
This home may lengthen your daily commute or routine if you have young kids. There is just one child care center within 0.6 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,Nearest preschool is 0.6 miles away.
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