$545,000
Listed at $575,0003 bd•1 ba•1,172 sq ft
2074 Cottage Place, Ferndale, WA 98248
• Listed 2025-01-08
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Welcome to this updated 3-bed, 2-bath home, just shy of 1,200 sq. ft., offering a fully remodeled 320 sq. ft. ADU with 1 bed, 1 bath home. Perfect for guests, rental income, or extended living, the ADU has been meticulously renovated down to the studs with high-quality finishes and contemporary design. With multifamily zoning, this property offers an incredible opportunity to expand with an additional 2-5 units. For those considering rental income, the projected rent is approximately $2,400/month for the main house and $1,200/month for the ADU, resulting in a competitive 5.85% cap rate if fully rented. Whether you're looking for a move-in-ready home with income potential or an investment property with room to grow, this is the one!
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Open Tue, Jun 9 +6$545,000
+in line with the list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $390K and $545K.
Rental earnings
$1,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$545,000Last sold price
2074 Cottage Place, Ferndale, WA 98248
$390,000Last sold price
5802 2nd Avenue, Ferndale, WA 98248
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 14, 2025 at 04:01am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Katie Sentinella • Keller Williams Western Realty
Listing updated: July 14, 2025 at 04:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2319992
Ferndale is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 17 days.
$950,000 Sold
7 weeks ago
•Single Family
2344 Main Street, Ferndale, WA 98248
0%
Over list
—
Days on market
0.7 mi
Distance
$550,000 Sold
4 months ago
6 bd•2 ba•~3,284 sq ft•Single Family
5861 Malloy Avenue, Ferndale, WA 98248
8%
Under list
—
Days on market
0.2 mi
Distance
$584,000 Sold
4 months ago
3 bd•2 ba•~1,574 sq ft•Single Family
6157 Unrein Drive, Ferndale, WA 98248
0%
Over list
—
Days on market
0.9 mi
Distance
$615,000 Sold
5 months ago
3 bd•2.5 ba•~1,902 sq ft•Single Family
2408 Barn Door Court #34, Ferndale, WA 98248
3%
Over list
—
Days on market
1.0 mi
Distance
$525,000 Sold
5 months ago
3 bd•1 ba•~1,542 sq ft•Single Family
2141 Jason Court, Ferndale, WA 98248
5%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
