01 / Property Detail
GARRINGTON ACRES
101, 4042 Highway 587 , Rural Red Deer County, AB
$949,000
Residential · MLS® A22723464Bedrooms
3Bathrooms
2,408.8Sq Ft
1990Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to your very own PRIVATE RETREAT! Offering 2,400+ Sq Ft of developed space in this 1.5 story home with 4 bedrooms & 3 Bathrooms! This inviting, lodge-style home is tucked among towering evergreens and wrapped in picture perfect tranquility. The exterior showcases warm half log siding, a striking stone chimney, and charming dormer windows, all framed by pristine forest views. There is an expansive rear concrete patio and this property is LANDSCAPED and WELL MAINTAINED. The main floor consists...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,408.8 sq ft
Lot Size85,377 sq ft
ZoningR-6
HeatingForced Air
CoolingNone
ParkingQuad or More Detached • RV Access/Parking
ExteriorGarden • Private Yard • Storage
BasementCrawl Space
Year Built1990
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$210After mortgage & expenses
Cap Rate4.7%Based on market rents
Cash on Cash Return1.3%With 20% down payment
Est. Monthly Rent$4,415Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GARRINGTON ACRES
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Rayel Walker · Quest Realty