Back on the market -- appraisal in hand at $430,000, HOA-approved short-term rental, and aBNBCalc analysis projecting $71,656 in annual STR revenue at 58% occupancy and $338 ADR.A-rated STR market. 19.3% cash-on-cash. 11.1% cap rate. Boat slip on Lake Coeur d'Aleneincluded.On Cave Bay, Lake CDA. From a wrap-around deck with a pergola, you watch the water go goldevery evening -- your own boat slip, members-only sandy beach, private boat launch, andcommunity park about 2 minutes from the front door. HOA covers community water, sewer,and snow removal.Owner has invested $30,000+ since 2017 -- new deck, new gutters, updated flooring,remodeled bathroom, washer/dryer, appliances, septic pump. Heat pump and central air.Propane backup stove keeps the house warm when the grid doesn't cooperate. Metal roof. 1-car garage. High-speed internet. All appliances included.7 min to Coeur d'Alene Casino & Resort. 30 min to downtown CDA. 55 min to Spokane International (non-stops to LA, SF, Denver, Seattle).1979 HUD-compliant double-wide. Cash, Conventional, portfolio, and DSCR welcome. Priorbuyer's financing fell through -- not the property. Appraisal and BNBCalc analysis available toqualified buyers. Schedule a private showing.Investor underwriting? A-rated BNBCalc, $71,656 projected revenue, 11.1% cap rate. Schedule aprivate showing.Relocating to North Idaho? Spokane airport is 55 min with non-stops to LA, SF, Denver, Seattle.Schedule a private showing
Listed By
Agency Name: EXP Realty
Shown By
Agent Name: Vicki Kircher
Agent Phone: (509) 714-6070
Agency Title: Coldwell Banker Tomlinson
Estimated Payment
$ 1,205.42 per month $979.25 Principal & Interest $97.83 Property Tax $128.33 Homeowner's Insurance
23160 S Madrona Loop | MLS# 26-2938
This single family home located at 23160 S Madrona Loop, Worley, ID 83876 is currently listed for sale with an asking price of $439,999. This property was built in 1979 and has 3 bedrooms with 1608 sq. ft. S Madrona Loop is located in the Carrolls Cave Bay subdivision within the Plummer-Worley - 44 school district. Search Carrolls Cave Bay real estate on vkircher.cbspokane.com today.