Chris Canning
(Top Selling Agent)
REALTOR®, Certified Residential Specialist (CRS), Luxury Property Specialist (LPS)
(509) 842-2290
BEDS3
BATHS2
SQUARE FEET1,608
MLS#26-2938
STATUS
PROPERTY TYPEResidential - Mobile / Manufactured
SUBDIVISIONCarrolls Cave Bay
SCHOOLPlummer-Worley - 44
Property Description
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
Property Features
Property Type: Residential - Mobile / Manufactured
Basement: Crawl Space
Cooling: Central Air
Garage: 1
Heating: Electric, Propane, Forced Air, Heat Pump, Propane Stov
Lot Size: 0.39 Acres
Roof Type: Metal
Taxes: $1,174
Year Built: 1979
Feature Descriptions
Appliance(S): Electric Dryer, Electric Water Heater, Washer, Wall Oven, Refrigerator, Dishwasher, Cooktop
Association Fee Includes: Sewer, Snow Removal, Water
Days on Site: 57
Exterior: Aluminum
Exterior: Boat Slip, Dock, Open Deck, Rain Gutters
Fireplace: Gas
Flooring: Vinyl, Carpet
Foundation: Block
Foundation: Block
Interior: Fireplace, High Speed Internet, Smart Thermostat, Washer Hookup
Lake Name: Coeur dAlene Lake
Lot: Steep Slope, Sloped, CDA Reservation
Road: Paved
Sewer: Septic Tank, Community System, Lift Station, Lagoon
Water: Community System, Shared Well, Transfer Fee
Local Schools
School District: Plummer-Worley - 44
Listed By / Shown By
Listed By
Agency Name: EXP Realty
Shown By
Agent Name: Chris Canning
Agent Phone: (509) 842-2290
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,205.42 per month $979.25 Principal & Interest $97.83 Property Tax $128.33 Homeowner's InsuranceChange Payment Information
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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 ccanning.cbspokane.com today.