Basically New Duplex with
4055 Bunny Hill Lane Meridian, ID 83642
For Sale
$649,900
Two 3-bedroom, 2.5-bath units with modern finishes and attached 1- and 2-car garages.
Property Size3,376 SF
Price / SF$192.51
Days on Market116
Property Features for 4055 Bunny Hill Lane
General Information
- Standard status
- Active
- Size
- 3,376 SF
- Property subtype
- Income
Building Details
- Year Built
- 2023
Listing Agency:
Keller Williams Sun Valley Southern Idaho
(208) 315-5211
Listed By:
Kyle Hambright · License #1381704
(208) 315-5211
Source:
Homesofidaho
Added: Mar 31
Changed: Jul 23
Last Checked: Jul 23 at 5:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Sun Valley Southern Idaho
Investment Insights
Based on property information with market context.
This basically new duplex in Entrata Farms features two attached units with attached garages. The end unit is a two-story home with a 2-car garage, while the interior unit is a three-story home with a 1-car garage. Both units include three bedrooms and 2.5 bathrooms.
Interiors are equipped with stainless steel appliances. Flooring includes LVT in the kitchen and bathrooms, with fans in the family room and master bedroom. Recessed lighting is installed in the kitchen and family rooms, and blinds are included.
The property is located at 4055 Bunny Hill Lane in Meridian, Idaho. For any buyer purchase, use of MAXX PM is required for property management and leasing, with MAXX PM charging 7% of gross rents.
Interiors are equipped with stainless steel appliances. Flooring includes LVT in the kitchen and bathrooms, with fans in the family room and master bedroom. Recessed lighting is installed in the kitchen and family rooms, and blinds are included.
The property is located at 4055 Bunny Hill Lane in Meridian, Idaho. For any buyer purchase, use of MAXX PM is required for property management and leasing, with MAXX PM charging 7% of gross rents.
Key Highlights
- Basically new 2023 duplex with 2 units, each offering 3 bedrooms and 2.5 bathrooms
- Both units have attached garages: end unit includes a 2‑car garage; interior unit includes a 1‑car garage
- Total building area is 3,376 SF with 6 bedrooms and 4 total bathrooms across the duplex
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.7k | $16.20 |
| − Vacancy | −$2.3k | −$0.68 |
| EGI | $52.4k | $15.52 |
| − OpEx | −$15.7k | −$4.66 |
| NOI | $36.7k | $10.86 |
3,376 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$523.9K
$458.5K – $611.3K
NOI $36,676 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$483.8K
$423.3K – $564.5K
NOI $33,867 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$890.9K
$779.6K – $1.04M
NOI $62,364 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two 3-bedroom, 2.5-bath units with modern finishes and attached 1- and 2-car garages.
Where is this duplex located?
The property is located at 4055 Bunny Hill Lane Meridian, ID.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Basically new 2023 duplex with 2 units, each offering 3 bedrooms and 2.5 bathrooms; Both units have attached garages: end unit includes a 2‑car garage; interior unit includes a 1‑car garage; Total building area is 3,376 SF with 6 bedrooms and 4 total bathrooms across the duplex
