1805 Eastgate Loop, Ferndale, WA 98248
- $1,579,000
- 5,616
- SqFt
Listing Broker: Den Finder; Josh Baijot; ; Selling Office: Den Finder.
- Sold Price
- $1,579,000
- List Price
- $1,595,000
- Status
- SOLD
- MLS#
- 2448643
- Closing Date
- Dec 15, 2025
- Days on Market
- 9
- Style
- 54 - 4-Plex
- Finished SqFt
- 5,616
- Area Total SqFt
- 5616
- Annual Tax Ammount
- 10471
- Lot Size (sq ft)
- 7,625
- Sewer
- Sewer Connected
Property Description
Contemporary 4-plex completed in 2021 fully leased and occupied with high-end finishes throughout. Each unit features quartz countertops, soft-close cabinets, stainless steel appliances, and plank flooring. Main level offers an open layout with kitchen, private deck, living room, and half bath. All bedrooms and laundry are on the top floor; primary suite includes ensuite bath and walk-in closet. Entry floor includes a large 2-car garage with extra room for storage, including exterior access door. Premium design with a prime location and an excellent CAP rate! A great opportunity with superb cash flow and low maintenance for the next several years.
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Additional Information
- List Date
- 2025-12-06 00:00:00
- Community
- Ferndale
- Net Operating Income
- $98,845
- Gross Scheduled Income
- $112,800
- Total Monthly Income
- $9,400
- Insurance Expenses
- $2,634
- Gross Rent Multiplier
- 14.14
- Total Expenses
- $13,955
- Cap Rate
- 6.2
- Total Number of Units
- 4
- Unit Name
- 1805
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2021
- Roof
- Composition
- Other Expenses
- 850
- Energy Source
- Electric
- School District
- Ferndale
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Ferndale High
- Total Monthly Income
- $9,400
- Gross Scheduled Income
- $112,800
- Tax Year
- 2025
- Insurance Expense
- $2,634
- Total Expenses
- $13,955
- Net Operating Income
- $98,845
- Gross Rent Multiplier
- 14.14
- Cap Rate
- 6.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.