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SOUTHVIEW-PARK MEADOWS

88 Cypress Way Se, Medicine Hat, AB

$599,000

Residential · MLS® A2310780
5Bedrooms
4Bathrooms
2,706Sq Ft
1Garage
1975Year Built
02 / Overview

PROPERTY OVERVIEW

Rarely does a property offer this much flexibility for family living, entertaining and recreational storage in one package. With over 2,700 sq ft of finished living space, five bedrooms, four bathrooms, extensive RV parking, a private courtyard-style backyard, plus one of the most versatile bonus spaces you will find inside the city. The feature that sets this home apart is the incredible 40' x 22' attached bonus room. Currently designed as an impressive theatre and recreation...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,706 sq ft
Lot Size7,371 sq ft
ZoningR-LD
HeatingForced Air • Natural Gas
CoolingCentral Air • Sep. HVAC Units
ParkingOff Street • Parking Pad • RV Access/Parking • Single Garage Attached
ExteriorCourtyard • Private Yard
BasementPartial
Year Built1975
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$2,132After mortgage & expenses
Cap Rate8.7%Based on market rents
Cash on Cash Return21.4%With 20% down payment
Est. Monthly Rent$4,986Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTHVIEW-PARK MEADOWS

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Investment ScoreN/A
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Listed by DAN YONKMAN · RIVER STREET REAL ESTATE