01 / Property Detail

EAGLE RIDGE

3, 400 Sparrow Hawk Drive , Fort McMurray, AB

$350,000

Residential · MLS® A2283691
4Bedrooms
4Bathrooms
1,224.02Sq Ft
1Garage
2012Year Built
02 / Overview

PROPERTY OVERVIEW

SEPARATE ENTRANCE!!! 1 bedroom illegal suite. This property is TURN KEY. Just move in and unpack. It's fully furnished. The location in Eagle Ridge is close to everything, the quickest access to HWY 63, bussing, restaurants, coffee shops, trails, and steps away from the schools. This 3 bedroom plus 1 in thee basement has something fro everyone. A fantastic layout. The main floor has a separate living space...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area1,224.02 sq ft
Lot Size1,320 sq ft
ZoningR3
HeatingForced Air
CoolingNone
ParkingParking Pad • Single Garage Detached
ExteriorBalcony • Private Yard • Storage
BasementFull
Year Built2012
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$341After mortgage & expenses
Cap Rate5.6%Based on market rents
Cash on Cash Return5.8%With 20% down payment
Est. Monthly Rent$2,342Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

EAGLE RIDGE

Premium Investment
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Investment Score98/100
Avg Home Price$1.4M
Active Listings1
Listed by MELANIE GALEA · RE/MAX Connect