01 / Property Detail
MILLARVILLE RIDGE
224035 318 Avenue W, Rural Foothills County, AB
1 / 47
$1,795,000
Residential · MLS® A22876144Bedrooms
4Bathrooms
3,000Sq Ft
4Garage
2000Year Built
02 / Overview
PROPERTY OVERVIEW
With over 8,500 sq. ft of heated, developed space (3000 sq ft main; 3800 sq. ft. lower; 1800 sq. ft of attached garages) and set on an exquisite 3.41 acre lot nestled within the idyllic Millarville Ridge community, this hillside bungalow is the epitome of refined living, offering spectacular panoramic views of MOUNTAIN RANGES, rolling foothills and valley. Custom-built with ICF from foundation to rafters, this property features concrete floors with in-floor heating throughout, as well as an impressive...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area3,000 sq ft
Lot Size148,539 sq ft
ZoningCR
HeatingBoiler • In Floor • Natural Gas
CoolingNone
ParkingDouble Garage Attached • Gated • Heated Garage • Insulated • Oversized • RV Access/Parking • See Remarks • Single Garage Attached
ExteriorBBQ gas line • Fire Pit • Private Yard
BasementFull
Year Built2000
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,504After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.4%With 20% down payment
Est. Monthly Rent$5,450Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MILLARVILLE RIDGE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Katrina Warkman · Century 21 Foothills Real Estate