$497,777
●
House -
For Sale
280 NW DOUBLE EAGLE AVE
Madras, OR 97741
4 Beds
2 Baths
2,436 Ft²
$2,785
Est. Monthly
About This Property
Discover flexible living at 280 NW Double Eagle Avenue in Madras.
This 2022 two-story home offers 4 bedrooms, 2.5 baths and
approximately 2,436 square feet, with a primary suite on the main
level and three bedrooms plus a spacious loft upstairs. The open
main living area connects to a kitchen with quartz countertops, an
island, pantry and stainless gas range. A gas fireplace adds warmth
to the great room. Outside, enjoy an established landscaped yard,
fully fenced backyard and covered patio. The attached three-car
garage adds storage and parking flexibility. Set on approximately
0.21 acres in Willowbrook, this vacant home offers a practical
layout and finished outdoor spaces ready to explore.
Unit Size
2,436 Ft²
Days on Market
379 days
Land Size
0.21 acres
Price per sqft
$204
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1992
Listed By
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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: 7 days ago ( #250707088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Relisted | $497,777 | |
| Relisted | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by Cascade Hasson Sotheby's International Realty | $497,777 | |
| Listed by Cascade Hasson Sotheby's International Realty | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Soaking Tub, LaminateFlooring, Laundry
Appliances: Built-In Range, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Range Hood, BuiltinOven, Pantry, StainlessSteelAppliance
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 2436
Property Condition: Resale
Architectural Style: Craftsman
Year Built: 2022
Building Area Total: 2436
Lot Size Area: 9147
Lot Size Units: Square Feet
Lot Size Acres: 0.21
Lot Size Square Feet: 9147
Water Source: Public
Financial Details
Tax Annual Amount: $4,087
Utilities Details
Cooling Type: EnergyStarAirConditioning
Heating Type: ENERGY STAR Qualified Equipment
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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About Madras
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Listed by: Carol Swendsen, Cascade Hasson Sotheby's International Realty
Last Updated: 7 days ago
Data Source: RMLS , MLS# 250707088
Last Updated: 7 days ago
Data Source: RMLS , MLS# 250707088
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than RH Advisors are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on 10/29/2026 02:59. Some properties which appear for sale on this web site may subsequently have sold or no longer be available.
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