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MICHENER HILL

4080 52 Street , Red Deer, AB

$965,000

Residential · MLS® A2278308
4Bedrooms
4Bathrooms
2,342Sq Ft
2Garage
2016Year Built
02 / Overview

PROPERTY OVERVIEW

ONCE IN A LIFETIME OPPORTUNITY to own this stunning in-fill in Michener Hill! Built in 2016 by Larkaun Homes and perched overlooking Woodlea Hill on a 50’W x 490’L lot (over 25,000sqft lot!) - this is the definition of “one of a kind.” With impeccable street appeal - this south-facing grass-free front yard features low maintenance, low-water use foliage with natural stone wall and gravel path. You are welcomed into this bright and inviting home via a large entry hall,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,342 sq ft
Lot Size25,293 sq ft
ZoningR-L
HeatingBoiler
CoolingRough-In
ParkingDouble Garage Attached
ExteriorDog Run • Private Yard • RV Hookup
BasementFull
Year Built2016
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$112After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-0.7%With 20% down payment
Est. Monthly Rent$4,299Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MICHENER HILL

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Investment ScoreN/A
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Listed by Mike Wiseman · CIR Realty