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$674,900

For Sale - Active
1336 Goldenwood Dr, West Fargo, ND 58078
3 Beds
3 Baths
2,428 Square Feet
1.14 Acres Lot
Built in 2017
For Sale - Active
Units n/a
Checked: 22 hours ago
Updated: Jul 30, 2025 at 11:55PM

Investment Summary


Monthly Cash Flow
-$1,157
Cap Rate
3.6%
Cash-on-Cash Return
-8.9%
Debt Coverage Ratio
0.64
Internal Rate of Return (5 years)
-4.7%

Property Description


1.14 Acres Lot
Built in 2017
For Sale - Active
Units n/a

Tucked away on a private, wooded acre along the river, this one-of-a-kind, slab-on-grade villa offers peaceful luxury and modern comfort! Thoughtfully designed for one-level living, the home features 9’ ceilings, IN-FLOOR heat, and warm maple cabinetry throughout. The open-concept great room centers around a stunning floor-to-ceiling stone fireplace and flows into a beautifully appointed kitchen with two-tone cabinets, quartz countertops, a gas range, stainless steel appliances, and a spacious island perfect for everyday living and entertaining. The oversized primary suite offers a spa-like bath with a CURBLESS TILED walk-in shower, dual sinks, and a large walk-in closet with built-ins and a safe room. Enjoy nature from your stamped concrete patio, private courtyard, or landscaped path that leads to a fire pit nestled under the trees. An in-floor heated, finished 3-stall garage with epoxy floors and an organized laundry room completes this exceptional riverside retreat. Other exterior features incl. a sprinkler system, two sheds for storage, and maintenance-free siding. Schedule your tour today!

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Location


Property Details


Parking

  • Description: Attached Garage, Concrete, Electric, Floor Drain, Finished Garage, Heated Garage, Insulated Garage, Multiple Garages, Secured, Storage
  • Details: Garage Door Opener, Heated Garage, Secured, Storage, Garage
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 14
  • # of Stories: 1
  • Basement: Yes
  • Basement Description: Other
  • Fireplace: Yes

Exterior Features

  • Foundation: Slab

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential (Assumed)

Lot Information

  • Parcel ID: 02071900210000
  • Lot Size: 49658 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: (SF) Single Family
  • Year Built: 2017

Tax Information

  • Annual Tax: $8,678

Utilities

  • Water & Sewer: Public
  • Heating: Radiant Floor

Location

  • County: Cass

Listing Details


Listed by:
Jeremy M Qualley
eXp Realty (219 WF)
(701) 306-1823

Source:
FargoMoorhead Area Association of REALTORS
MLS#: 6762747
FargoMoorhead Area Association of REALTORS

Investment Summary


Monthly Cash Flow
-$1,157
Cap Rate
3.6%
Cash-on-Cash Return
-8.9%
Debt Coverage Ratio
0.64
Internal Rate of Return (5 years)
-4.7%

Purchase Details

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Purchase price:
$674,900
Amount financed:
-$539,920
Down payment:
$134,980
Closing costs:
$20,247
Rehab costs:
$0
Initial cash invested:
$155,227
Square feet:
2,428
Cost per square foot:
$278
Monthly rent per square foot:
$1.65

Financing Details

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Loan amount:
$539,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,194
Property tax:
$723
Insurance:
$280
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,197

Operating Income

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% Rent Monthly Yearly
Gross rent:
$4,000 $48,000
Vacancy loss: (6%)
6% -$240 -$2,880
Operating income:
$3,760 $45,120

Operating Expenses


% Rent Monthly Yearly
Property taxes: (18%)
18%-$723-$8,679
Insurance: (7%)
7%-$280-$3,360
Property management: (8%)
8%-$320-$3,840
Repairs & maintenance: (5%)
5%-$200-$2,400
Capital expenditures: (5%)
5%-$200-$2,400
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (43%)
43%-$1,723-$20,679

Cash Flow


Monthly Yearly
Net operating income:
$2,037 $24,444
Mortgage payments:
-$3,194 -$38,328
Cash flow:
$1,157 $13,884