Active

SANDY POINT

40, 41019 Range Road 11 , Rural Lacombe County, AB

$345,900

Residential · MLS® A2302962
1Bedrooms
1Bathrooms
550.31Sq Ft
2Garage
2021Year Built
02 / Overview

PROPERTY OVERVIEW

Enjoy four-season living at Sandy Point on Gull Lake. Set on one of the largest water-backing lots in the park, this 2021 modular offers a combination of space, privacy, and year-round use in a sought-after lake community here in Central Alberta.

The home itself presents a clean, modern feel with a layout that makes the most of the space. Large windows bring in natural light, while the open living, dining, and kitchen areas create a comfortable and functional flow. Thoughtful...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area550.31 sq ft
Lot Size5,254 sq ft
Zoning32
HeatingForced Air • Propane
CoolingNone
ParkingConcrete Driveway • Driveway • Gated • Off Street • Owned • Parking Pad
ExteriorFire Pit • Garden • Private Yard • Storage
BasementNone
Year Built2021
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$742After mortgage & expenses
Cap Rate1.9%Based on market rents
Cash on Cash Return-12.9%With 20% down payment
Est. Monthly Rent$1,013Based 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 Jaleesa Wescott · eXp Realty - Red Deer