Active

LONSDALE

159 Lanterman Close , Red Deer, AB

$389,900

Residential · MLS® A2294192
3Bedrooms
2Bathrooms
1,073Sq Ft
2Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

A fully developed bilevel on an oversized lot next to a green space. Freshly updated with paint, kitchen countertops and backsplash. The curb appeal is accented by the covered front veranda. The front entryway has a bench seat with a window above. The sunken living room is flooded with natural light through the large front window. Oak kitchen cabinets are complemented by full tile backsplash, crown mouldings, a corner sink with double windows above and a pantry. The eating area...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,073 sq ft
Lot Size5,572 sq ft
ZoningR-N
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Off Street • Parking Pad
ExteriorPrivate Yard
BasementFull
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$231After mortgage & expenses
Cap Rate5.2%Based on market rents
Cash on Cash Return3.6%With 20% down payment
Est. Monthly Rent$2,028Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LONSDALE

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Investment ScoreN/A
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Active ListingsN/A

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Listed by Dale Devereaux · Century 21 Maximum