Active

SANDY POINT

170, 41019 Range Road 11 , Rural Lacombe County, AB

$399,900

Residential · MLS® A2293403
2Bedrooms
2Bathrooms
1,168Sq Ft
2Garage
2019Year Built
02 / Overview

PROPERTY OVERVIEW

Lake life! So much to do, so little time. First class recreational year round park on the south west shore of Gull Lake with so many amenities you and the fam won't have a bored moment! Brand new (12 hole) golf course set to open in 2026. Man made marina (boats) giant beach (swimming) are the obvious activities, but they have volleyball courts, playgrounds, a giant gazebo with big firepit and hiking/biking trail that will take...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeOther
Total Finished Area1,168 sq ft
Lot Size4,630 sq ft
Zoning32
HeatingForced Air • Propane
CoolingCentral Air
ParkingOff Street • Parking Pad
ExteriorPlayground • Storage
Year Built2019
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$98After mortgage & expenses
Cap Rate4.8%Based on market rents
Cash on Cash Return1.5%With 20% down payment
Est. Monthly Rent$2,144Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SANDY POINT

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Investment ScoreN/A
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Listed by Richard Pochylko · Century 21 Advantage