38431 SE RUDE RDSandy, OR97055

$1,250,000
2 total units
$19,200 annual income
Capitilization Rate: 1.42
Acres10to20
Elementary School: Firwood
Middle School: Cedar Ridge
High School: Sandy
Zoning: AGF
1250 days on market
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Price per unit$625K/unit
Recent price drop$50,000
Time on market1250 days

Property Description

Two beautiful log homes at the end of a private road on nearly 20 acres of tree lined property. Enjoy the extravagant horse stables, a private pond and rolling sloped hills. This home includes a 72 x 156 covered arena w/21 stalls, 14 ft alley, lighted hot water wash rack, tack room, 180ft round pen, Additional 5 stalls in separate barn, AND a 60 ft RV bay! What an incredible income opportunity!

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Financial Data

Date Sold2021-04-14
Sold Price$1,225,000
Price ChangeDropped $50,000 on 04/15/2021
Total $50,000 drop
Original Price$1,300,000
Current Price$1,250,000
Property Taxes$8,461

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Home Facts

StatusSold
Year Built1995
Exterior Features
MLS ID20582298

Unit Details

Unit 1
Unit 2