1825 Eastgate Loop, Ferndale, WA 98248
- $1,525,000
- 5,616
- SqFt
Listing Broker: HomeSmart One Realty; Darren Johnson; ; Selling Office: Skyline Properties, Inc..
- Sold Price
- $1,525,000
- List Price
- $1,600,000
- Status
- SOLD
- MLS#
- 2439236
- Closing Date
- Jan 30, 2026
- Days on Market
- 24
- Style
- 54 - 4-Plex
- Finished SqFt
- 5,616
- Area Total SqFt
- 5616
- Annual Tax Ammount
- 10470
- Lot Size (sq ft)
- 10,454
- Sewer
- Sewer Connected
Property Description
Modern 4-plex investment built in 2020 with excellent rental history and low vacancy. Designed with durability and style, each unit includes quartz countertops, soft-close cabinetry, stainless steel appliances, and luxury vinyl plank flooring. The main living level offers an open-concept kitchen and living room, half bath, and private deck. Upstairs, all bedrooms and laundry are conveniently located, with the primary suite featuring a walk-in closet and ensuite bath. Ground level provides a full two-car garage with additional storage space and exterior access. This investment has reliable cash flow, minimal maintenance, and strong tenant demand.
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Additional Information
- List Date
- 2026-01-06 00:00:00
- Community
- Ferndale
- Net Operating Income
- $89,656
- Gross Adjusted Income
- $110,400
- Gross Scheduled Income
- $110,400
- Total Monthly Income
- $9,200
- Insurance Expenses
- $2,800
- Gross Rent Multiplier
- 13.59
- Total Expenses
- $20,744
- Cap Rate
- 5.9
- Total Number of Units
- 4
- Unit Name
- 1825
- Potential Terms
- Cash, Conventional, VA Loan
- Year Built
- 2020
- View
- Territorial
- Roof
- Composition
- Other Expenses
- 7474
- Energy Source
- Electric
- School District
- Ferndale
- Total Monthly Income
- $9,200
- Gross Scheduled Income
- $110,400
- Gross Adjusted Income
- $110,400
- Tax Year
- 2025
- Insurance Expense
- $2,800
- Total Expenses
- $20,744
- Net Operating Income
- $89,656
- Gross Rent Multiplier
- 13.59
- Cap Rate
- 5.9
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.