Active
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25408 Highway 597 , Rural Lacombe County, AB
$849,600
Residential · MLS® A22835853Bedrooms
3Bathrooms
1,301.17Sq Ft
2Garage
2000Year Built
02 / Overview
PROPERTY OVERVIEW
Situated along Highway 597, this property offers a prime location with convenient access. The NOVA Chemicals plant security passes by the property once every hour, providing an added sense of security. A long driveway, serving as an easement, ensures privacy and minimizes highway traffic noise, offering a peaceful living environment. Enjoy the best of both worlds, with easy access to the highway without the need for gravel road travel. Conveniently located, it's only a 15-minute drive to Blackfalds, 20 minutes...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,301.17 sq ft
Lot Size174,240 sq ft
ZoningAG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached • Driveway
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built2000
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,389After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-9.8%With 20% down payment
Est. Monthly Rent$2,427Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Nick Lesher · RE/MAX real estate central alberta