The item is no longer available to players. The Sunken Temple quest chain which culminated in this reward, among other choices, was removed after the Shattering. It is a long cape as you can see in the screenshot, though that was not always the case. The model was originally of a very short cape with the bottom ending in a point, something quite common among very low-level capes. (If you want to see it yourself, use the Wowhead link and look in the Screenshots.) I do not know when the change was made, but it was probably done for Cataclysm. The Cataclysm expansion saw many updates to items and monsters.
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