01 / Property Detail
RICINUS RIDGE
21, Ricinus Ridge Drive , Rural Clearwater County, AB
$419,000
Residential · MLS® A22904993Bedrooms
2Bathrooms
1,996Sq Ft
1Garage
1996Year Built
02 / Overview
PROPERTY OVERVIEW
If you are looking for a quiet rural setting with incredible natural surroundings and close access to the west country forest and Crown Land-this ridge side property is perfect for you! A scenic wooded drive to the wooded frontage, and your own ravine which borders one side of the property-a natural setting where wildlife frequents. The home is situated on the edge of a ridge with sweeping south facing views and a focus on being...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeManufactured House
Total Finished Area1,996 sq ft
Lot Size91,911 sq ft
ZoningCR
HeatingForced Air • Natural Gas • Wood • Wood Stove
CoolingNone
ParkingSingle Garage Attached
ExteriorFire Pit • Private Yard
BasementNone
Year Built1996
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,786After mortgage & expenses
Cap Rate9.6%Based on market rents
Cash on Cash Return25.6%With 20% down payment
Est. Monthly Rent$3,643Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RICINUS RIDGE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Jake Christensen · CIR Realty