7204 Northwest Overlook Drive Vancouver, WA 98665
Mid-Century modern home with apartment and lake views.
- Added:
- May 14, 2026
- Days on Market:
- 60
- Last Refresh:
- Jul 3 at 5:39 am
Property Features for 7204 Northwest Overlook Drive
General Information
- Standard status
- Active
- Size
- 4,475 SF
- Property subtype
- Residential / Single Family Residence
Building Details
- Year Built
- 1950
Listing office Windermere Northwest Living (360) 721-4031
Listing date May 14, 2026
Source Compass
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 Windermere Northwest Living
Investment Insights
Based on property information with market context.
Key Highlights
- Fully renovated Mid‑Century Modern home with lake views in sought‑after NW Vancouver.
- Attached 2‑bedroom apartment with separate entrance for multigenerational living or income potential.
- Over 4000sf of open, bright living space with high ceilings and new luxury vinyl plank flooring.
Local 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 | $89.7k | $20.04 |
| − Vacancy | −$4.3k | −$0.95 |
| EGI | $85.4k | $19.09 |
| − OpEx | −$25.6k | −$5.73 |
| NOI | $59.8k | $13.36 |
