$1,199,000
●
House -
Off Market
1696 SE 26TH DR
Gresham, OR 97080
Studio
3.5 Baths,
1
Half Bath
4,545 Ft²
$7,270
Est. Monthly
$390
HOA / Fees
-0.58%
Cap Rate
About This Property
Wonderful custom home w/ ADU or extended living in the basement
with its own washer/ dryer. Situated with a great view of Cedar
lake and local wildlife. There is a paved walking trail at the
corner of the property that circles around the lake. This
home is very unique in that it offer two driveways allowing for a
direct pass through of the center of the garage to the other side
of the building. The home boast of a gourmet kitchen w/ gas
appliances, granite countertops, a cook island and dining nook that
leads out to the back deck. There is a sunken living room with a
gas fireplace while the primary suite is appointed with a soaking
tub and a walk-in closet plus a bonus room is situated upstairs
over the garage. There is additional storage room under the
home with a locking door and an enclosed dog run area for smaller
pets. The water heater was replaced about two years ago as well as
a completely new gutter guard. There is no sign on the
property.
The manager has listed the unit size as 4545 square feet.
The manager has listed the unit size as 4545 square feet.
Unit Size
4,545 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$264
Property Type
House
Property Taxes
$992
HOA Dues
$390
Year Built
1996
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (RMLSOR #24249701)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2025 | Listed | $1,100,000 | |
| Listed | |||
| | |||
|
Experience the perfect blend of luxury and functionality in this stunning 4-bedroom, 4-bathroom contemporary home, offering 4,445 sq ft of meticulously designed living space. Nestled on a generous 0.41-acre lot, this stunning property boasts panoramic views of Cedar Lake, visible from nearly every window.The home features a fully equipped basement ADU, complete with its own kitchen, washer/dryer, and private entrance—ideal for multigenerational living, rental income, or guest accommodations.Upstairs, a massive bonus space above the garage awaits your personal touch. Bring your vision—create extra bedrooms, a media room, home gym, or an inspiring workspace.Located in the sought-after Cedar Lake neighborhood, residents enjoy easy access to the scenic Springwater Trail, perfect for walking and biking. The community is known for its welcoming atmosphere, well-kept properties, and proximity to shopping, dining, and schools.This exceptional property is the ultimate combination of elegant design and everyday comfort, perfect for those who appreciate style, space, and versatility, all with a view.
| |||
| Sep 30, 2021 | No longer available | - | |
| No longer available | |||
| Sep 2, 2021 | No longer available | - | |
| No longer available | |||
| Sep 1, 2021 | Listed by Harcourts Real Estate Network Group | $879,900 | |
| Listed by Harcourts Real Estate Network Group | |||
| | |||
|
Gorgeous custom home w/ADU overlooking Cedar Lake.Sits directly adjacent to the private paved trail.Unique drive through attached 3 car garage.Chef's kitchen includes stainless steel & gas appliances,double oven,Granite,cooking island,pantry & kitchen nook that leads to deck.Huge bonus rm above garage.Primary suite w/gas fireplace,soaking tub,walk in closet,Granite & lake views from the deck.Living rm boasts built ins & gas fireplace w/mantel.ADU on lower level w/patio.Amazing lake views! The manager has listed the unit size as 4545 square feet.
| |||
| Aug 18, 2021 | Listed by Harcourts Real Estate Network Group | $899,900 | |
| Listed by Harcourts Real Estate Network Group | |||
| | |||
|
Gorgeous custom home w/ADU overlooking Cedar Lake.Sits directly adjacent to the private paved trail.Unique drive through attached 3 car garage.Chef's kitchen includes stainless steel & gas appliances,double oven,Granite,cooking island,pantry & kitchen nook that leads to deck.Huge bonus rm above garage.Primary suite w/gas fireplace,soaking tub,walk in closet,Granite & lake views from the deck.Living rm boasts built ins & gas fireplace w/mantel.ADU on lower level w/patio.Amazing lake views! The manager has listed the unit size as 4545 square feet.
| |||
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Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017