Tour
$10,000 Closing Credit¹
#2365006, Leo Cohen, Listing Office: Bellingham Real Estate Company
#2360799·
Listing office: Muljat Group·
Listing agent: Kyle H. Martin·
Listing office phone: 360-733-3030
$1,625,000 List price
1848 Eastgate Loop Ferndale, WA 98248
$10,000
Closing credit¹
5,616 sqft
0.2 acres
$289 / sqft
House
Property details
About 1848 Eastgate Loop
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 6.23%CAP / 14.1 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
Highlights
HeatingDuctless
StatusActive
CoolingDuctless
Size5,616 sqft
Lot size0.23 Acres
Year built2020
MLS #2360799
ViewTerritorial
Summary
- Flooring Type: Laminate, Vinyl Plank, Carpet
- Interior: Laminate
- View: Territorial
- Exterior: Cement Planked, Wood
- Heating: Ductless
- Cooling: Ductless
- List Price: $1,625,000
- Price/SqFt: $289
- HOA Amount: $40
- HOA Frequency: Annually
- Annual Tax Amount: $9,461
- Tax Year: 2023
- Lot: Corner Lot, Cul-De-Sac, Dead End Street, Paved
- Directions: I-5N-Portal Wy Exit#263. Right/NE onto Portal Wy. Right on Eastgate Loop and then left.
- Year Built: 2020
- Stories: 3
- Living Area: 5,616 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 2360799
- MLS Name: NWMLS
- Office Name: Muljat Group
- Office Phone: (360) 733-3030
- Listing Agent: Kyle H. Martin
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
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Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 11:17:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,625,000
1848 Eastgate Loop
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 21, 2020 | Home Sold | $205,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,361,610 | $9,461 |
| 2022 | $1,136,825 | $1,527 |
| 2021 | $939,523 | $8,410 |
| 2020 | $156,852 | $1,527 |
| 2019 | $70,000 | $757 |
History based on county public records data.
Nearby schools
4
Skyline Elementary School
Public District PK-5
0.9 mi
•2225 Thornton St
4
Central Elementary School
Public District PK-5
1.4 mi
•5610 2nd Ave
4
Cascadia Elementary School
Public District PK-5
1.6 mi
•6175 Church Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,625. Typical income of Ferndale, WA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
29%
<35k
56%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
13%
Single, with Kids
30%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
College Football
Soccer
Where do the neighbors shop?
Academy Sports & Outdoors
Best Buy
Old Navy
Where do the neighbors go to eat?
Little Caesars
Texas Roadhouse
Jimmy Johns
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
Country
Contemporary Christian
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1848 Eastgate Loop
The listing price of 1848 Eastgate Loop property is $1,625,000.
The property 1848 Eastgate Loop is a house located in Ferndale, Washington, 98248.
Active Listing: 1848 Eastgate Loop is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1848 Eastgate Loop are: Skyline Elementary School (GreatSchools Rating 4/10), Central Elementary School (GreatSchools Rating 4/10), Cascadia Elementary School (GreatSchools Rating 4/10), Vista Middle School (GreatSchools Rating 6/10), Horizon Middle School (GreatSchools Rating 4/10), Meridian Parent Partnership Program (GreatSchools Rating 7/10), Ferndale High School (GreatSchools Rating 5/10), Ferndale Virtual Academy (GreatSchools Rating 5/10), Meridian High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $9,461 (source: MLS/based on county public records data).
The last sale was on May 21, 2020 for $205,000 (source: MLS/tax record).
The property at 1848 Eastgate Loop has 0 bathroom.
The property 1848 Eastgate Loop is 5,616 SqFt (source: MLS/tax record).
The year of construction for 1848 Eastgate Loop is 2020.
This home is located at 1848 Eastgate Loop in Ferndale, WA and zip code 98248. This 5,616 square foot home, which was built in 2020, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $1,625,000.
In April 2025, from all listings sold in Ferndale, WA there were more than 4 sold above asking price, over 5 sold below and more than 10 were sold right at the asked price. The number of homes for sale in Ferndale, WA increased by 38.9% between March and April 2025. In April 2025 median list price was $615,000 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.