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About This Home
This 3-bedroom, 2-bathroom mobile home at 23160 S Madrona Loop in Worley, ID is listed for $439,999 ($274 per sqft). Built in 1979, the home offers 1,608 sqft of living space on a 0.39 acres lot.
Back on the market -- appraisal in hand at $430,000, HOA-approved short-term rental, and a BNBCalc 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'Alene included.
On Cave Bay, Lake CDA. From a wrap-around deck with a pergola, you watch the water go gold every evening -- your own boat slip, members-only sandy beach, private boat launch, and community 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.
Prior buyer's financing fell through -- not the property. Appraisal and BNBCalc analysis available to qualified buyers. Schedule a private showing. Investor underwriting? A-rated BNBCalc, $71,656 projected revenue, 11.1% cap rate. Schedule a private showing. Relocating to North Idaho? Spokane airport is 55 min with non-stops to LA, SF, Denver, Seattle. Schedule a private showing
Key Features
- Built in 1979
- 0.39 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$5,907/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
23160 S Madrona Loop
Worley, ID 83876
Carrolls Cave Bay
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom mobile home at 23160 S Madrona Loop is listed at $439,999 ($274/sqft). The estimated monthly payment is $5,461 based on 20% down at 6.5% interest.
HOA fees are $3554/month.
Key features include: Built in 1979, 0.39 acre lot, Fireplace, Waterfront. Interior Features: Fireplace, High Speed Internet, Smart Thermostat. Exterior Features: Boat Slip, Dock, Open Deck.
This property is listed by Jeremy Specials and can be reached at 2087709645 or jspecials75@gmail.com.
