Townhome with Covered
For Sale
$379,000
520 Diamond Ln., Emmett, ID 83617
MULTI_FAMILY - Emmett, ID
Property Size1,475 SF
Lot Size0.04 Acres
Price / SF$256.95
Days on Market119
Property Features for 520 Diamond Ln.
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking
1
Parking features
Driveway
Interior features
Walk In Shower
Appliances
Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
Subdivision
0 Not Applic.
Lot features
Small Lot 5999 S F, Irrigation, Sidewalks
Elementary school
Carberry
Middle school
Emmett
High school
Emmett
Elementary school district
Emmett Independent District #221
Middle school district
Emmett Independent District #221
High school district
Emmett Independent District #221
Directions
From Hwy 16 and Johns Rd, Go N. on Johns Rd, Go W. on Diamond Ln
Standard status
Active
APN
RPE1215A010020
Size
1,475 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
06N 01W Sec 18 Gem Valley Townhomes Subdivision Lot 02 Blk 01
HOA Fee
$110 Monthly
Legal Description
06N 01W Sec 18 Gem Valley Townhomes Subdivision Lot 02 Blk 01
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2026
Number of units
1
Flooring type
Vinyl
Building materials
Frame, HardiPlank Type
Roof type
Composition
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Kyler Wartman · License #SP48594
(208) 859-6380
Added: Apr 18
Changed: Aug 1
Last Checked: Aug 14 at 6:06AM
MLS# 98982746
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 townhome offers three bedrooms and two and a half bathrooms within a single-family style layout. The upstairs living area features an open-concept arrangement with a vaulted living room and a spacious kitchen and dining area. A covered balcony off the dining area provides an outdoor space while remaining protected from the elements. Downstairs includes two bedrooms and a shared bathroom with modern features.
The home is situated in the center of Emmett, Idaho, with shopping, dining, and everyday conveniences within walking distance. The layout is designed for a simple, connected routine, with key living spaces arranged to support both daily use and hosting.
For residents, the primary suite is positioned for privacy behind the living room, and it includes a vaulted ceiling, a tiled shower, and a walk-in closet. With bedrooms separated across the upper and lower levels, the plan can support a variety of household arrangements while keeping shared living areas open and accessible. This is a straightforward choice for buyers looking for a compact townhome with distinct living zones and a practical covered outdoor feature.
The home is situated in the center of Emmett, Idaho, with shopping, dining, and everyday conveniences within walking distance. The layout is designed for a simple, connected routine, with key living spaces arranged to support both daily use and hosting.
For residents, the primary suite is positioned for privacy behind the living room, and it includes a vaulted ceiling, a tiled shower, and a walk-in closet. With bedrooms separated across the upper and lower levels, the plan can support a variety of household arrangements while keeping shared living areas open and accessible. This is a straightforward choice for buyers looking for a compact townhome with distinct living zones and a practical covered outdoor feature.
Key Highlights
- Under construction 3‑bedroom townhome (2026) with 2.5 bathrooms
- 1,475 SF of living space with an open‑concept layout and vaulted living room
- Primary suite includes a tiled shower with a walk‑in shower and a walk‑in closet
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
$14,535
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
3.84%
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%
$290,700
$290.7K
Cap Rate 7%
$207,643
$207.6K
Cap Rate 9%
$161,500
$161.5K
Market Conditions
NOI Build-Up for 1,475 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
$28.0K $18.96/SF
− Vacancy
−$1.5K −$1.04/SF
EGI
$26.4K $17.92/SF
− OpEx
−$11.9K −$8.06/SF
NOI
$14.5K $9.85/SF
Area
Gem County, ID
Vacancy
5.50%
Lease Rate
$18.96 /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%
$290,700
Cap Rate 7%
$207,643
Cap Rate 9%
$161,500
Alternative Uses
Best Use
Apartment 5plus
$207.6K
$181.7K – $242.3K
NOI $14,535 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$373.1K
$326.5K – $435.3K
NOI $26,118 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 83617, ID
17,502
Population
6,981
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
224.0 sq mi
ZIP Area
78
Density / Sq Mi
$65,566
Median Household Income
$34,007
Median Earnings
$873
Median Rent
$364,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Well-laid-out townhome with an upstairs open-concept living area and covered balcony for everyday comfort and entertaining.
Where is this single family property located?
The property is located at 520 Diamond Ln. Emmett, ID.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Under construction 3‑bedroom townhome (2026) with 2.5 bathrooms; 1,475 SF of living space with an open‑concept layout and vaulted living room; Primary suite includes a tiled shower with a walk‑in shower and a walk‑in closet
