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JOHNSTONE PARK

42 Jade Place , Red Deer, AB

$411,900

Residential ยท MLSยฎ A2303535
3Bedrooms
4Bathrooms
1,341Sq Ft
1Garage
2009Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this exceptionally well maintained 3 bedroom, 4 bathroom half duplex in the desirable community of Johnstone Park. Tucked away on a quiet close with no condo fees, this home offers a great mix of comfort, function, and outdoor living.

The bright open concept main floor is filled with natural light and designed for everyday living and entertaining. The kitchen features maple cabinetry, a large island with sink, plenty of counter space, and a corner pantry. The dining area leads...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,341 sq ft
Lot Size3,258 sq ft
ZoningR-D
HeatingCentral
CoolingNone
ParkingSingle Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built2009
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$581After mortgage & expenses
Cap Rate6.2%Based on market rents
Cash on Cash Return8.5%With 20% down payment
Est. Monthly Rent$2,497Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

JOHNSTONE PARK

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Investment ScoreN/A
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Listed by Ryan Philip ยท CIR Realty