01 / Property Detail

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243115 Range Road 281a , Rural Rocky View County, AB

$1,400,000

Residential · MLS® A2289224
5Bedrooms
3Bathrooms
2,065.16Sq Ft
5Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

Incredible acreage home conveniently located adjacent to Chestermere Lake on 2.2 private acres. Fully paved access to a large well-appointed bungalow with loft. Private main floor office off of the generous tiled front entry which leads to large living/dining area. Generous, bright spaces feature vaulted ceilings over the dining room separating the living area by an attractive three-sided gas fireplace and opening to a large deck and pool facility. Kitchen features an eat-up breakfast bar, granite counters and warm oak...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,065.16 sq ft
Lot Size95,832 sq ft
ZoningR-CRD
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingGarage Door Opener • Heated Garage • Insulated • Paved • Quad or More Attached • Single Garage Attached • Workshop in Garage
ExteriorBarbecue • BBQ gas line • Other • Playground • Private Entrance • Private Yard
BasementFull
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,340After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-10.0%With 20% down payment
Est. Monthly Rent$3,864Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Sano Stante · Real Broker