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2 Bed Townhome with HOA
For Sale
$329,000

6002 S Jessenia Ln, Boise, ID 83709

Residential Income, Boise, ID

Property Size1,060 SF
Price / SF$310.38
Days on Market105

Property Features for 6002 S Jessenia Ln

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3
Parking 2
Appliances Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision Charlesworth
Lot features Small Lot 5999 S F
Elementary school Lake Hazel
Middle school LkHazel Jr
High school Mountain View
Elementary school district West Ada School District
Middle school district West Ada School District
High school district West Ada School District
Directions Five Mile, N on Lake Hazel, west into Charlesworth, R on Jessenia
Standard status Active
APN R1376910760
Size 1,060 SF

Taxes and HOA fees

Tax Year 2025
Tax Description CHARLESWORTH SUB NO 02 LOTS 79 in BLK 01, Ada County, Idaho
Tax Annual Amount 1029
HOA Fee $90 Monthly
Legal Description CHARLESWORTH SUB NO 02 LOTS 79 in BLK 01, Ada County, Idaho

Utilities

Heating system Electric (Heating), Forced Air
Cooling system Central Air

Building Details

Year built 2021
Number of units 1
Building materials Frame, Log
Roof type Composition
Listing Agency: Fathom Realty
Listed By: Janelle Anderson · License #SP42574
Added: May 19 Changed: Aug 19 Last Checked: Aug 31 at 2:06AM
MLS# 98986918

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale townhome offers a 2-bedroom, 2.5-bath layout. The home includes a washer/dryer and refrigerator. Kitchens feature granite countertops and stainless steel appliances. The property is described as well maintained and is being offered with a home inspection report dated March 2026, which the seller will share with a buyer upon accepted offer.

The residence is located at 6002 S Jessenia Ln in Boise, Idaho 83709, in Ada County. Additional community support is provided through the HOA, which includes trash service, community maintenance, and landscaping. Residents also have access to a clubhouse with a workout room.

For buyers looking for a manageable ownership setup, this townhome’s core benefits are its move-in-ready package of included appliances and the HOA scope that helps address recurring services like trash, landscaping, and community maintenance. The included inspection report can also provide added clarity during the purchase process.

Key Highlights

  • Townhouse built in 2021 with 2 bedrooms and 2.5 bathrooms
  • Kitchen features granite countertops and stainless steel appliances
  • Appliances included: refrigerator, stove/range, disposal, washer/dryer (all units)

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,141
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.39%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$222,820 $222.8K
Cap Rate 7%
$159,157 $159.2K
Cap Rate 9%
$123,789 $123.8K
Market Conditions
NOI Build-Up for 1,060 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.5K $19.32/SF
− Vacancy
−$223 −$0.21/SF
EGI
$20.3K $19.11/SF
− OpEx
−$9.1K −$8.60/SF
NOI
$11.1K $10.51/SF
Area
Ada County, ID
Vacancy
1.09%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$222,820
Cap Rate 7%
$159,157
Cap Rate 9%
$123,789

Alternative Uses

Best Use
Apartment 5plus
$159.2K
$139.3K – $185.7K (±1% cap)
NOI $11,141 @ 7.0% cap · market cap 3.39%
Second Best
no second resolved use
Theoretical Best
Office A
$292.7K
$256.2K – $341.5K (±1% cap)
NOI $20,492 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby

Demographics for 83709, ID

59,461
Population
22,262
Households
2.7
Avg Household Size
38
Median Age
37%
College-Educated
96%
High-School Grad
33.7 sq mi
ZIP Area
1,764
Density / Sq Mi
$88,893
Median Household Income
$48,981
Median Earnings
$1,743
Median Rent
$440,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Well-maintained 2-bedroom townhome with HOA services that cover key exterior and community amenities.
Where is this single family property located?
The property is located at 6002 S Jessenia Ln Boise, ID.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Townhouse built in 2021 with 2 bedrooms and 2.5 bathrooms; Kitchen features granite countertops and stainless steel appliances; Appliances included: refrigerator, stove/range, disposal, washer/dryer (all units)
More about this property
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