01 / Property Detail

WHISPERING PINES

3011 South Pine Lake Road , Rural Red Deer County, AB

$149,900

Residential · MLS® A2290575
1Bedrooms
1Bathrooms
564Sq Ft
2Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

South Facing Retreat! Love yourself some lake life in this beautiful cozy bungalow. An Open Floor Plan features a kitchen with granite countertops, eating bar, and stainless appliances. The living room has a custom stone fireplace with wooden mantle. There are 2 Heating/Venting/Cooling units, which keep this property the perfect temperature for 3 season living. Check out all the activities here at Whispering Pines including an 18 hole executive golf course, Clubhouse, pro Shop, Laundrymat, Swimming Pool with hot...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area564 sq ft
Lot Size2,448 sq ft
ZoningR7
HeatingCombination • Electric • Fireplace(s) • See Remarks
CoolingSep. HVAC Units
ParkingOff Street • Parking Pad
ExteriorFire Pit • Storage
BasementNone
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$163After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.5%With 20% down payment
Est. Monthly Rent$1,037Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

WHISPERING PINES

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Tara Dowding · Maxwell Real Estate Solutions Ltd.