WA > Ashford > Echo Valley
Ashford, WA 98304,55509 311th Avenue Ct E
Listed by Skyline Properties, Inc.
Bought with Coldwell Banker Bain
$635,000
$625,000 1.6%
Est. payment /mo
2 Beds
0.75 Baths
1,085 SqFt
Sold on 04/08/2025

55509 311th Avenue Ct E Ashford, WA 98304

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Jeff Koch
Jeff Koch

Designated Broker | License ID: 20570

+1(253) 254-3600

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Key Details

Sold Price $635,000

Property Type Single Family Home

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Square Footage 1,085 sqft

Price per Sqft $585

Subdivision Echo Valley

MLS Listing ID 2346827

Style 12 - 2 Story

Bedrooms 2

Year Built 2023

Annual Tax Amount $3,421

Lot Size 0.331 Acres

Property Sub-Type Residential

Property Description

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!

Location

State WA

County Pierce

Area 128 - Ashford

Interior

Flooring Vinyl Plank

Fireplaces Number 1

Fireplaces Type Gas

Exterior

Exterior Feature Cement Planked, Metal/Vinyl

Amenities Available Deck, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Propane, RV Parking

View Y/N No

Roof Type Metal

Building

Lot Description Dead End Street

Story Two

Sewer Septic Tank

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Eatonville

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Jeff Koch

Designated Broker | License ID: 20570

+1(253) 254-3600

Name
Phone*
Message
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55509 311th Avenue Ct E