Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    24237 13Th Ave SE, Unit 25 Bothell, WA 98021

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,485,534

    New construction home with modern features, close to downtown Bothell.

    Property size:
    2,746 SF
    Lot size:
    0.08 Acres

    Property Features for 24237 13Th Ave SE

    General Information

    Size
    2,746 SF
    Lot size
    0.08 Acres

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Nicolette Wiley
    Source: Kw

    Listing Agent: Nicolette Wiley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Construction Home in Bothell

    This property is a new construction home in the Camas Ridge community. The 2746 Plan features an open design and a great room fireplace. The primary suite includes a large walk-in closet, and there is additional loft recreational space. Interior features include quartz countertops, luxury vinyl plank flooring, and stainless steel appliances. A main floor bedroom is also included. The property is an Energy Star Certified home with a heat pump and air conditioning. It also features LED lighting and an EV charger at the garage. Landscaping and fencing are included. The home is currently under construction and is located minutes from downtown Bothell. The property size is 2746 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Department Store Electronics Store Convenience Store Smoke and Vape Shop Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2127508
    Latitude
    48.2173512

    Nearby Similar for Sale

    • $1,429,950
      2,605 SF

      New Home in Camas Ridge

      New construction home with customizable finishes, spacious layout, and modern amenities.
      24330 13Th Ave SE, Bothell, WA 98021
      View Details
    • $1,450,000

      Bothell Estate with Equestrian Potential

      Rare 10-acre estate with barn, pond, and rental income.
      18612 51St Ave, Bothell, WA 98012
      View Details
    • $605,000
      1,252 SF

      Spacious Condo Near Sammamish River

      Updated 2-bedroom condo with river access and modern amenities.
      17426 Bothell Way NE, Bothell, WA 98011
      View Details
    • $1,437,450
      2,755 SF

      New Home in Camas Ridge

      New construction home with customizable finishes, spacious layout, and modern amenities.
      24334 13Th Ave SE, Bothell, WA 98021
      View Details
    • $550,000
      1,344 SF

      Updated Two-Story Unit with Balconies

      Updated two-story unit featuring balconies, granite counters, and two parking.
      15809 Waynita Way NE, Bothell, WA 98011
      View Details
    • $1,426,286
      2,330 SF

      New Construction Home in Bothell

      New construction home featuring modern amenities and a spacious layout.
      24319 13Th Ave SE, Bothell, WA 98021
      View Details
    • $1,200,000
      2,500 SF

      Retail Building with Approved Drive-Thru

      Single-story retail building with approved drive-thru, excellent freeway exposure.
      18007 120Th Ave NE, Bothell, WA 98011
      View Details
    • $899,000

      Bothell Townhome Development Opportunity

      Permitted four-unit townhome project in Bothell, Northshore School District.
      17533 Brickyard Rd, Bothell, WA 98011
      View Details
    • $1,468,085
      2,761 SF

      New Construction Home in Bothell

      New construction home with modern features near downtown Bothell.
      24318 13Th Ave SE, Bothell, WA 98021
      View Details
    • $183,500
      980 SF

      Renovated Home in All Ages Community

      Move-in ready, renovated home in a friendly, all-ages community.
      1729 194Th St SE, Bothell, WA 98012
      View Details
    • $479,995
      1,140 SF

      Refreshed Townhouse with Greenbelt View

      Refreshed 3-bedroom townhouse with upgraded kitchen and greenbelt view.
      18910 Bothell Everett Hwy, Bothell, WA 98012
      View Details
    • $309,000
      865 SF

      Spacious Condo in Downtown Bothell

      Bright 2BR/1BA condo with amenities in a prime location.
      9517 NE 180Th St, Bothell, WA 98011
      View Details

    FAQs

    What type of property is this?
    Single family property - New construction home with modern features, close to downtown Bothell.
    Where is this single family property located?
    The property is located at 24237 13Th Ave SE, Unit 25 Bothell, WA.
    What is the asking price?
    The asking price for this property is $1,485,534.
    What are key features of this property?
    This property features: - $25,000 closing cost concession through preferred lender.; - Energy Star Certified home with heat pump & air conditioning.; - Includes landscaping and fencing.
    Request Owner's contact information
    24237 13Th Ave SE, Unit 25 Bothell, WA 98021
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24237 13Th Ave SE, Unit 25
    Bothell, WA 98021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24237 13Th Ave SE, Unit 25 Bothell, WA 98021
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nicolette Wiley
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.