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386243 16 Street W, Rural Foothills County, AB

$1,300,000

Residential · MLS® A2291920
4Bedrooms
2Bathrooms
1,572.39Sq Ft
2Garage
1985Year Built
02 / Overview

PROPERTY OVERVIEW

OPEN HOUSE THIS SUNDAY MARCH 15th from 2-4pm! Welcome to your dream retreat, a 4.5-acre equestrian property nestled just 3 minutes outside of Okotoks. This beautiful property offers a perfect blend of rural tranquility and modern comfort, designed for those who cherish the equestrian lifestyle and the beauty of nature. Boasting a spacious bungalow with over 2400 sqft of total living space, 4 bedrooms and 2 full bathrooms, beautiful views, a well-equipped barn w/ loft, detached shop, large grass...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,572.39 sq ft
Lot Size196,020 sq ft
ZoningCR
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorOther
BasementFull
Year Built1985
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,848After mortgage & expenses
Cap Rate1.8%Based on market rents
Cash on Cash Return-13.2%With 20% down payment
Est. Monthly Rent$2,952Based 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 PriceN/A
Active ListingsN/A
Listed by Paul Brennand · CIR Realty