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24402 Highway 595 E, Rural Red Deer County, AB

$1,600,000

Residential · MLS® A2292412
5Bedrooms
4Bathrooms
2,267Sq Ft
1Garage
1994Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautiful original-owner 3.39-acre custom-built acreage, offering a fully finished home with 5 bedrooms, 4 bathrooms, a large double attached garage, and an incredible 50’ x 70’ heated shop with a 12’ x 50’ addition complete with its own washroom. Step inside and you’ll immediately notice the soaring vaulted cedar ceilings and the stunning recently renovated kitchen, designed to impress. This chef’s kitchen features solid oak cabinetry, granite countertops, stainless steel appliances, a large island with KitchenAid gas...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,267 sq ft
Lot Size147,668 sq ft
ZoningAG
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached
ExteriorBBQ gas line • Private Yard • Storage
BasementFull
Year Built1994
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,951After mortgage & expenses
Cap Rate2.3%Based on market rents
Cash on Cash Return-11.1%With 20% down payment
Est. Monthly Rent$4,217Based 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 Shane Opp · 2 Percent Realty Advantage