$1,690,000
Residential · MLS® A22707514Bedrooms
3Bathrooms
3,436Sq Ft
2Garage
2011Year Built
02 / Overview
PROPERTY OVERVIEW
This direct lake access property in the award winning community of Mahogany enjoys a sunny south exposure and backs onto West Beach, an outstanding year round recreational anchor for the community. Situated on a quiet cul de sac, this estate quality luxury home was originally built by Baywest Homes in 2011. Since then, it has been extensively renovated and expanded, increasing the total square footage. The result is a truly luxurious and one of a kind residence set on one...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area3,436 sq ft
Lot Size10,602 sq ft
ZoningR-G
HeatingCentral • Fireplace(s) • Forced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorBalcony • BBQ gas line • Garden • Lighting • Private Yard • Storage
BasementFull
Year Built2011
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,249After mortgage & expenses
Cap Rate2.9%Based on market rents
Cash on Cash Return-8.0%With 20% down payment
Est. Monthly Rent$6,213Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MAHOGANY
Moderate InvestmentLoading map...
Investment Score73/100
Avg Home Price$680K
Active Listings106
Listed by Stephen To · TREC The Real Estate Company