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27137 Highway 42 , Rural Red Deer County, AB
$949,000
Residential · MLS® A22933364Bedrooms
3Bathrooms
1,649.45Sq Ft
2Garage
1992Year Built
02 / Overview
PROPERTY OVERVIEW
Situated on 10 private acres approximately 10 minutes to Gasoline Alley and Red Deer. This peaceful country property offers space, privacy, and a well-maintained home with extensive updates and multiple outbuildings. Located directly off Highway 42, the property enjoys convenient access while still offering a quiet rural setting with no immediate neighbours on either side. School bus service is available with pickup conveniently located at the end of the driveway.
The 1992-built home offers a functional layout of 1649.45 sq feet...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,649.45 sq ft
Lot Size435,600 sq ft
ZoningAG
HeatingHigh Efficiency • Fireplace(s) • Forced Air • Natural Gas • Pellet Stove • Wood
CoolingNone
ParkingAdditional Parking • Double Garage Attached • Driveway • Heated Garage
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1992
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,194After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.5%With 20% down payment
Est. Monthly Rent$3,087Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Needs ReviewLoading map...
Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Philippa Gregoire · RE/MAX real estate central alberta