Active
RYDERS RIDGE
7 Rowberry Court , Sylvan Lake, AB
$389,900
Residential ยท MLSยฎ A22978093Bedrooms
3Bathrooms
1,295Sq Ft
1Garage
2014Year Built
02 / Overview
PROPERTY OVERVIEW
An INCREDIBLE OPPORTUNITY for a FIRST TIME BUYER or INVESTMENT PROPERTY! This two story end unit is situated in the sought after neighborhood of Ryders Ridge with an oversize pie-shaped lot. The location is ideal, park the car and walk to everything you need! Conveniently close to schools, shopping, and restaurants. The earth tone exterior is accented with stone work and a covered entrance. The single attached garage provides a cozy indoor parking spot. Freshly professionally painted and new carpet...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeTriplex
Total Finished Area1,295 sq ft
Lot Size3,645 sq ft
ZoningR3
HeatingForced Air
CoolingNone
ParkingSingle Garage Attached
ExteriorNone
BasementFull
Year Built2014
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$600After mortgage & expenses
Cap Rate6.3%Based on market rents
Cash on Cash Return9.2%With 20% down payment
Est. Monthly Rent$2,416Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RYDERS RIDGE
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Listed by Glen Goodall ยท RE/MAX real estate central alberta