End-Unit Townhome for
For Sale
$347,500
5990 S Jessenia Ln, Boise, ID 83709
Residential Income, Boise, ID
Property Size1,228 SF
Price / SF$282.98
Days on Market97
Property Features for 5990 S Jessenia Ln
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1
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
R1376910800
Size
1,228 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CHARLESWORTH SUB NO 02 LOTS 81 in BLK 01, Ada County, Idaho
Tax Annual Amount
1086
HOA Fee
$90 Monthly
Legal Description
CHARLESWORTH SUB NO 02 LOTS 81 in BLK 01, Ada County, Idaho
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2021
Number of units
1
Building materials
Frame, Log
Roof type
Composition
Listing Agency:
Fathom Realty
(208) 576-4717
Listed By:
Janelle Anderson · License #SP42574
(208) 971-5678
Added: May 19
Changed: Aug 19
Last Checked: Aug 23 at 12:06AM
MLS# 98986856
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 end-unit townhouse offers 3 bedrooms and 2.5 bathrooms, with a layout designed for comfortable day-to-day living. The home includes the washer/dryer and refrigerator, and the kitchen features granite countertops along with stainless steel appliances. The property has been described as one-owner and well maintained, and a home inspection completed in March 2026 is available for sharing with the buyer upon an accepted offer.
Located at 5990 S Jessenia Ln in Boise, Idaho (83709) in Ada County, the HOA includes trash service and community maintenance, as well as landscaping. Residents also receive clubhouse access, including a workout room.
For buyers looking for a low-maintenance ownership setup, the HOA-provided services can reduce the amount of routine external coordination typically required for trash, landscaping, and community maintenance. The included major appliances and in-home laundry convenience add day-to-day practicality, while the end-unit configuration provides an owner-occupied feel within a managed community.
Located at 5990 S Jessenia Ln in Boise, Idaho (83709) in Ada County, the HOA includes trash service and community maintenance, as well as landscaping. Residents also receive clubhouse access, including a workout room.
For buyers looking for a low-maintenance ownership setup, the HOA-provided services can reduce the amount of routine external coordination typically required for trash, landscaping, and community maintenance. The included major appliances and in-home laundry convenience add day-to-day practicality, while the end-unit configuration provides an owner-occupied feel within a managed community.
Key Highlights
- 2021‑built end unit townhouse with 3 bedrooms and 2.5 bathrooms
- HOA includes trash service, community maintenance, landscaping, and clubhouse access with a workout room
- Kitchens feature granite countertops and stainless steel appliances
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
$12,906
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
3.71%
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%
$258,120
$258.1K
Cap Rate 7%
$184,371
$184.4K
Cap Rate 9%
$143,400
$143.4K
Market Conditions
NOI Build-Up for 1,228 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
$23.7K $19.32/SF
− Vacancy
−$259 −$0.21/SF
EGI
$23.5K $19.11/SF
− OpEx
−$10.6K −$8.60/SF
NOI
$12.9K $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%
$258,120
Cap Rate 7%
$184,371
Cap Rate 9%
$143,400
Alternative Uses
Best Use
Apartment 5plus
$184.4K
$161.3K – $215.1K
NOI $12,906 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.1K
$296.8K – $395.7K
NOI $23,740 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - End-unit townhome with 3 bedrooms, 2.5 baths, and a covered HOA package that includes trash, maintenance, and landscaping.
Where is this single family property located?
The property is located at 5990 S Jessenia Ln Boise, ID.
What is the asking price?
The asking price for this property is $347,500.
What are key features of this property?
This property features: 2021‑built end unit townhouse with 3 bedrooms and 2.5 bathrooms; HOA includes trash service, community maintenance, landscaping, and clubhouse access with a workout room; Kitchens feature granite countertops and stainless steel appliances
