Active
GLENIFFER LAKE
1077, 35468 Range Road 30 , Rural Red Deer County, AB
$450,000
Residential · MLS® A22931532Bedrooms
2Bathrooms
873.1Sq Ft
2Garage
2016Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this beautiful rare lakeside home at Gleniffer Lake Golf & Country Club ~ located on a large lot in Phase 1, which is a 3 season Phase. Situated right on the shores of Gleniffer Lake, this property offers stunning lake views, mature trees for privacy and wind protection, and direct access to the water.
Built in 2016 with quality 2x6 construction and drywall interior, this well-maintained home offers a bright and spacious layout designed to maximize the views. The...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeCabin
Total Finished Area873.1 sq ft
Lot Size2,798 sq ft
ZoningR-7
HeatingForced Air • Propane
CoolingNone
ParkingOff Street
ExteriorBarbecue • Lighting • Playground • Storage
BasementNone
Year Built2016
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,166After mortgage & expenses
Cap Rate1.4%Based on market rents
Cash on Cash Return-15.6%With 20% down payment
Est. Monthly Rent$1,628Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GLENIFFER LAKE
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Listed by Nicole Blair · RE/MAX real estate central alberta