Active
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37408 Sand Road , Rural Red Deer County, AB
$1,349,000
Residential · MLS® A23060294Bedrooms
3Bathrooms
1,605Sq Ft
2Garage
1984Year Built
02 / Overview
PROPERTY OVERVIEW
Truly a rare opportunity – 15+ acres zoned Ag in a quiet rural location in the heart of Central Alberta, with a fully renovated home and infrastructure in place, simply do not come on the market often. Whether you are a hobby farmer, an equestrian enthusiast, or just want space and privacy, this property checks all the boxes.
From the moment you drive through the custom-built metal gates and up the tree lined driveway, pride of ownership is immediately apparent before...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,605 sq ft
Lot Size676,922 sq ft
ZoningAG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built1984
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$3,007After mortgage & expenses
Cap Rate1.8%Based on market rents
Cash on Cash Return-13.4%With 20% down payment
Est. Monthly Rent$3,009Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
NONE
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by James Torrens · Real Broker