Sold187d on market
1848 Eastgate Loop
Ferndale, WA, 98248 • 98248 • Whatcom County
$1,546,000
$275/sqft
5,616Sqft
0.23 acLot
2020Built
Property DNA
Territorial Views
Territorial
Ferndale
98248
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
187 days on market
Established listing
$275/sqft
Price per square foot
About this home
Multi Family · Built 2020
Modern 4-plex built in 2020 with strong rental history, low vacancy, and high-end finishes throughout. Each unit features quartz countertops, soft-close cabinets, stainless steel appliances, and LVP flooring. Second 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. Ground floor includes a full-size 2-car garage that has has extra room for storage, including exterior access door. Turnkey investment in a prime location with 6.43%CAP / 13.67 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
Standout features identified
Our analysis highlights primary suite, walk-in closet, and ensuite bath as key attractions of this home.
Estimated monthly payment
Based on current rates
$9,667/month
Principal & Interest$7,565
Property Tax$1,546
Insurance$515
HOA$40
Down payment20% ($309,200)
3%50%
Est. 6.19% rate · 30yr fixed · $1,236,800 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built2020
HeatingDuctless, Wall Unit(s), Electric
CoolingDuctless
Parking8 Covered Parking spaces
HOA$480 annually
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionVery Good
Year built2020
Systems
HeatingDuctless, Wall Unit(s), Electric
CoolingDuctless
RoofComposition
ConstructionCement Planked, Wood Siding, Cement Plank
Water / SewerPublic, Company: City of Ferndale / Sewer Connected, Company: City of Ferndale
Parking & Outdoor
Lot10,018 sqft
Location & Tax
Neighborhood98248
Annual tax$10,465
Parcel3902173150890000
Bathrooms & Fees
HOA$40/mo
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Vinyl Plank
Carpet
Heating
Ductless
Wall Unit(s)
Electric
Cooling
Ductless
Exterior Features
Construction
Cement Planked
Wood Siding
Cement Plank
Lot Features
Corner Lot
Cul-De-Sac
Dead End Street
Paved
Views
Territorial
Listing insights
Market data and value estimates
StatusSold
Days on market187
Est. value$1,570,400
Est. rent$2,507/mo
Tax rate0.70%
Price/sqft$275
On marketJul 16, 2025
PostedApr 18, 2025
Last sold$1,546,000
MLS statusSold
MLS updatedNov 1, 2025
Tour days6
Views6
How are the schools in Ferndale?
3 schools rated nearby
Location
Ferndale, WA, 98248
Price history
5 events
DateEventPrice$/sqftSource
Oct 1, 2025Sold$1,546,000$275NWMLS as distributed by MLS GRID
Aug 6, 2025Pending Sale$1,575,000$280NWMLS as distributed by MLS GRID
May 27, 2025Price Change$1,575,000$280NWMLS as distributed by MLS GRID
Apr 18, 2025Listed For Sale$1,625,000$289NWMLS as distributed by MLS GRID
May 21, 2020Sold$205,000$37Public Record
Sold$1,546,000
Oct 1, 2025•$275/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,575,000
Aug 6, 2025•$280/sqft•NWMLS as distributed by MLS GRID
Price Change$1,575,000
May 27, 2025•$280/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,625,000
Apr 18, 2025•$289/sqft•NWMLS as distributed by MLS GRID
Sold$205,000
May 21, 2020•$37/sqft•Public Record
Tax history
6 years of records
YearTax paidAssessed value
Apr 7, 2024$10,471$1,396,964
Apr 7, 2023$9,467$1,361,610
Apr 7, 2022$9,307$1,136,825
Apr 7, 2021$8,411$939,523
Apr 7, 2020$1,527$156,852
Apr 7, 2019$1,527$70,000
Nearby homes
Neighborhood details
Local context around this listing
Ferndale, WA • Whatcom County
Nearby cities
AcmeBellinghamBlaineCusterDemingFerndaleLyndenMaple Falls
Nearby zip codes
98248
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 11:33:43 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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