Short-Term Rental
For Sale
$504,800
4076 N Adams, Garden City, ID 83714
Three bedrooms and three bathrooms offer a residential layout near the boardwalk and greenbelt path.
Property Size1,682 SF
Price / SF$300.12
Days on Market13
Property Features for 4076 N Adams
General Information
Standard status
Active
Size
1,682 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
C-2
Units
Unit Mix
3BR/3BA
Multifamily Units
1
Additional Details
Average Monthly Rent
$2,750
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,146
Building Details
Building Size
1,682 SF
Year Built
2017
Units
1
Listing Agency:
Mountain Realty
(208) 484-6564
Listed By:
Kari Paget · License #SP44313
(208) 585-4983
Source:
Idahofarmandhome
Added: Oct 16
Changed: Oct 25
Last Checked: Oct 26 at 4:03AM
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 Mountain Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2017 townhome in Garden City has 1,682 square feet, with three bedrooms and three bathrooms. Its C-2 zoning and reported lack of HOA restrictions on short-term rentals are relevant to its rental use; local rules and permits should be verified.
The property is about a block from the boardwalk and greenbelt path, with downtown Boise restaurants, shops, and entertainment described as nearby. Riverfront amenities are also in the surrounding area.
The property is about a block from the boardwalk and greenbelt path, with downtown Boise restaurants, shops, and entertainment described as nearby. Riverfront amenities are also in the surrounding area.
Key Highlights
- Three bedrooms and three bathrooms
- 1,682 square feet
- Built in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,678
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,560
$353.6K
Cap Rate 7%
$252,543
$252.5K
Cap Rate 9%
$196,422
$196.4K
Market Conditions
NOI Build-Up for 1,682 SF
Gross rent
$32.5K $19.32/SF
− Vacancy
−$354 −$0.21/SF
EGI
$32.1K $19.11/SF
− OpEx
−$14.5K −$8.60/SF
NOI
$17.7K $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 Rate 5%
$353,560
Cap Rate 7%
$252,543
Cap Rate 9%
$196,422
Alternative Uses
Best Use
Apartment 5plus
$252.5K
$221.0K – $294.6K
NOI $17,678 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$464.5K
$406.5K – $541.9K
NOI $32,516 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
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Business Placement
Demographics for 83714, ID
26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Short term rental property - Three bedrooms and three bathrooms offer a residential layout near the boardwalk and greenbelt path.
Where is this short term rental property located?
The property is located at 4076 N Adams Garden City, ID.
What is the asking price?
The asking price for this property is $504,800.
What are key features of this property?
This property features: Three bedrooms and three bathrooms; 1,682 square feet; Built in 2017
