2305 N 156th Pl
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
2305 N 156th Pl
Asset Class
Real Estate
Asset Type
Residential Real Estate
Asset Abbreviation
2305 N156thP
Asset Fraction Price
$ 52.00
Asset Fraction Yield
18.17%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 52.00
Asset Fraction Sale End Date
Asset
Valuation
$ 1,067,900
Category
Description
Shoreline, Washington is a vibrant suburban city located just north of Seattle, offering a perfect blend of urban convenience and natural beauty. Known for its tree-lined streets and strong community vibe, Shoreline is an ideal place for families, students, and outdoor enthusiasts. One of its biggest draws is the easy access to Puget Sound, with parks like Richmond Beach Saltwater Park providing stunning views, walking trails, and beach access. The Interurban Trail offers great biking and jogging opportunities, connecting neighborhoods through a scenic route. Shoreline is also home to excellent schools and Shoreline Community College, contributing to its reputation as an education-friendly city. The area maintains a peaceful, residential feel while still offering plenty of shopping, dining, and entertainment options. With quick access to Seattle via I-5 and Highway 99, Shoreline offers the best of both worlds: calm, suburban life with proximity to a bustling urban center.
Features
• Type: Single-family home.
• Size: 5 bedrooms, 3 bathrooms, 3,410 sqft.
• Special Amenity: Indoor swimming pool with large recreation area (basketball, ping pong, workout equipment).
• Interior: Updated kitchen with adjacent bar, vaulted ceilings, gas fireplaces on both main and lower levels.
• Primary Suite: Two oversized walk-in closets.
• Parking: Backyard concrete pad for RVs, trailers, or extra vehicles.
• Ownership Structure: Tokens represent direct LLC ownership; seller (Chris R.) keeps at least 10% ownership.
• Buyback Agreement: Seller will buy back tokens in 10 years (April 3, 2035) — $55/token if before 5 years, $60/token if after.
• Guaranteed Rental Yield: 18% in Year 1, 12.5% in Years 2–3, 7.5% in Years 4–10.
• Loan: $422,089.62 loan, with seller paying 100% of monthly payments.
• Occupancy: Owner-occupied; pool/pool house separately rented (extra income not included in owner distributions).
• Maintenance: Seller pays 100% of property maintenance costs.
• Location Quality: “A-” rating for ZIP code on Niche.
• Projected Annual Return: 18.7%.
• Projected Rental Yield: 17.26%.
• Payment Method: Transactions in USDC cryptocurrency on blockchain.















