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702 Rae Street Makwa , SK46, AB

$360,000

Residential · MLS® A2297859
2Bedrooms
1Bathrooms
1,332Sq Ft
2000Year Built
02 / Overview

PROPERTY OVERVIEW

Tucked into the trees at Makwa Lake, this seasonal cabin is one lot back from the water—close enough to catch glimpses of the lake through the trees just steps away. Built in 2000, the cabin offers a bright and open main living space with vaulted ceilings, two bedrooms and a full 4-piece bath. The loft overlooking the main floor provides a versatile bonus area—perfect as a family room, rec room or extra sleeping space for guests. A newer furnace is...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,332 sq ft
Lot Size6,000 sq ft
ZoningSeasonal
HeatingBaseboard • Electric • Forced Air • Wood Stove
CoolingNone
ParkingOff Street
ExteriorOther
BasementCrawl Space
Year Built2000
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$744After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.4%With 20% down payment
Est. Monthly Rent$2,431Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jackie Gartner · MUSGRAVE AGENCIES