01 / Property Detail
PARKDALE
5718 40 Avenue , Stettler, AB
$235,000
Residential · MLS® A22901324Bedrooms
2Bathrooms
1,040Sq Ft
2Garage
1966Year Built
02 / Overview
PROPERTY OVERVIEW
This clean, well-maintained bungalow is located on a quiet street just one block from the south edge of town. With a playground and ball diamond in the neighborhood, this is an ideal setting for families. The main living area features soft neutral wall colors and plush carpeting, creating a warm and inviting atmosphere. A standout feature of the living room is the electric fireplace with a wooden mantle, while a large front window spanning the front of the home allows...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,040 sq ft
Lot Size6,327 sq ft
ZoningR1
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorRain Gutters
BasementFull
Year Built1966
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$979After mortgage & expenses
Cap Rate9.5%Based on market rents
Cash on Cash Return25.0%With 20% down payment
Est. Monthly Rent$2,020Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
PARKDALE
Strong InvestmentLoading map...
Investment Score76/100
Avg Home Price$1.0M
Active Listings19
Listed by Terry Chesla · RE/MAX 1st Choice Realty