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LAKE MCGREGOR COUNTRY ESTATES

18 King Fisher Lane , Rural Vulcan County, AB

$190,000

Residential · MLS® A2308535
1Bedrooms
1Bathrooms
424.65Sq Ft
2Garage
2017Year Built
02 / Overview

PROPERTY OVERVIEW

Lake Macgregor Country Estates offers the ultimate in recreational living! The amenities available in this development are truly impressive. With access to a private marina and beach, as well as both indoor and outdoor swimming pools, this community has it all.

This charming "Cottage" by Cedar Creek, built in 2017, is a well-designed, four-season “Destination” home located on its own lot. The spacious bedroom accommodates a king-size bed and includes a full bathroom along with ample storage. The kitchen is...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeOther
Total Finished Area424.65 sq ft
Lot Size2,800 sq ft
ZoningREC
HeatingForced Air • Propane
CoolingCentral Air
ParkingParking Pad
ExteriorOther
Year Built2017
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$373After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-11.8%With 20% down payment
Est. Monthly Rent$793Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LAKE MCGREGOR COUNTRY ESTATES

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Listed by Whitney Maronda · RE/MAX REAL ESTATE - LETHBRIDGE