Neighborhood
280 E Kaibab Trail St, Meridian, ID 83646
3 beds · 2 baths · 1,403 sq ft · Lot: 6,490 sq ft · Single Family Home · Last Sold: $61.3K in 2012 · Built: 2008
Est. Value:
$265K
Est. Rent:
$3K/month

280 E Kaibab Trail St Meridian, ID 83646

3 beds · 2 baths · 1,403 sq ft · Lot Size: 6,490 sq ft · Single Family Home · Northeast Meridian
Est. Property Value: $265,252

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280 E Kaibab Trail St is in the Northeast Meridian neighborhood of Meridian, ID. It is located in Ada County and ZIP code 83646. This Single Family Home was built in 2008 and is approximately 17 years old. The single family home spans 1403 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6490 sq ft lot. According to public records, it was last sold in 2012 for $61,250. The Northeast Meridian area of Meridian has 5087 residential homes with an average size of 1611 sq ft. Analyze and compare real estate investment strategies for properties like this home at 280 E Kaibab Trail St Meridian, ID 83646 with Property Intel by Whitepages.

Investment Potential for 280 E Kaibab Trail St

The property has a current estimated value of $265,252, which is 24% below the neighborhood median, based on public records. It last sold on June 01, 2012 for $61.3K. Projected long-term
is $35,400 annually ($2,950 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$35,400 per year($2,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 83646 zip code
 
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Owners & Occupancy for 280 E Kaibab Trail St

No contact information is available.

Occupancy

Resident 1***************** age 68
Resident 2************** age 69

Property Details for 280 E Kaibab Trail St

Property Details

Property Sq Ft

Living Area

1,403 sq ft

13% below market

Lot Size

6,490 sq ft

13% below market

Price Per Sq Ft

Living Area

$189 / sq ft

12% below market

Lot Size Area

$41 / sq ft

12% below market

Property condition, age, exterior, etc. for 280 E Kaib…
Longitude: -116.39026 Latitude: 43.64346 Parcel Number (APN): R8036370680…
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Market Benchmarks

Compare data for 280 E Kaibab Trail St in Ada County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$265,252
$365,030
-$99,778 (-27%)
YoY Price Change
1.08%
796%
Year Built
2008
1997
11 years
Living Space
1,403 sq ft
1,600 sq ft
-197 (-12%)
$ Per Living Sq Ft
$189
$233
-$44 (-19%)
Lot Size
6,490 sq ft
9,375 sq ft
-2885 (-31%)
$ Per Lot Sq Ft
$41
$43
-$2 (-5%)

Net Operating Income
$24,621
$2,294 (9%)
Annual Revenue
$35,400
$33,000
$2,400 (7%)
$7,746
$739 (10%)
Net Operating Income
$24,621
$2,294 (9%)
Cap Rate
6.64%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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