Active

MONTERRA

35 Monterra Cove , Rural Rocky View County, AB

$1,665,000

Residential · MLS® A2304114
4Bedrooms
4Bathrooms
2,501Sq Ft
4Garage
2023Year Built
02 / Overview

PROPERTY OVERVIEW

Check out the YouTube Links! BACKING ONTO PRIVATE LAKE | HEATED QUAD GARAGE | DEVELOPED WALKOUT | MOUNTAIN VIEWS | 3700 SQFT OF DEVELOPED SPACE | Situated in arguably one of the best locations in Monterra, backing directly onto one of the two private lakes in the community with no walking paths behind the home for an unparalleled level of privacy on a quiet cul de sac. This immaculate Aspen Creek Custom home is the epitome of luxury semi-rural living...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,501 sq ft
Lot Size14,374 sq ft
ZoningR-1
HeatingIn Floor • Forced Air • Natural Gas
CoolingNone
Parking220 Volt Wiring • Additional Parking • Driveway • Garage Door Opener • Heated Garage • In Garage Electric Vehicle Charging Station(s) • Insulated • Oversized • Plug-In • Quad or More Attached • Triple Garage Attached • Workshop in Garage
ExteriorBalcony • BBQ gas line • Lighting • Private Yard
BasementFull
Year Built2023
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,031After mortgage & expenses
Cap Rate2.3%Based on market rents
Cash on Cash Return-10.9%With 20% down payment
Est. Monthly Rent$4,577Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MONTERRA

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Investment ScoreN/A
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Listed by Eric Boyd · RE/MAX House of Real Estate