Active
VALLEY RIDGE ESTATES
242, 27240 Township Road 392 , Rural Red Deer County, AB
$1,180,000
Residential · MLS® A22789765Bedrooms
6Bathrooms
3,637Sq Ft
3Garage
2017Year Built
02 / Overview
PROPERTY OVERVIEW
Located in the peaceful Valleyridge Estates, this custom-built 2-story home sits on a beautiful 2-acre lot by the Blindman River. The house is bright and airy, thanks to many windows that let in lots of natural light. It has five large bedrooms, including four main suites with walk-in closets and custom tiled showers. The main suite upstairs has a private deck with lovely views of nature. The home has two gourmet kitchens with granite countertops; the main kitchen also has...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area3,637 sq ft
Lot Size87,120 sq ft
ZoningR-1
HeatingForced Air
CoolingCentral Air
ParkingTriple Garage Attached
ExteriorBalcony • Barbecue • Garden
BasementFull
Year Built2017
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,153After mortgage & expenses
Cap Rate5.6%Based on market rents
Cash on Cash Return5.9%With 20% down payment
Est. Monthly Rent$6,615Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
VALLEY RIDGE ESTATES
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Listed by Rob Levie · Coldwell Banker OnTrack Realty