Active
NORMANDEAU
8 Nielsen Close , Red Deer, AB
$409,900
Residential · MLS® A23120174Bedrooms
2Bathrooms
1,089.51Sq Ft
1Garage
1978Year Built
02 / Overview
PROPERTY OVERVIEW
Tucked away in a quiet close and conveniently located near schools, transit, and shopping, this beautifully upgraded home delivers the perfect blend of style, comfort, and long-term value. With nearly every major update already completed, this is truly a move-in-ready property that stands out from the rest. The exterior has been extensively renovated with brand-new siding, updated windows, newer shingles within the last five years, a new driveway, and an eye-catching stamped concrete front walkway that adds incredible curb appeal....
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,089.51 sq ft
Lot Size7,800 sq ft
ZoningR-L
HeatingFireplace(s) • Forced Air • Natural Gas • Wood Stove
CoolingCentral Air
ParkingAlley Access • Carport • Covered • Driveway • Front Drive • Parking Pad • Single Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1978
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$219After mortgage & expenses
Cap Rate5.1%Based on market rents
Cash on Cash Return3.2%With 20% down payment
Est. Monthly Rent$2,107Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
NORMANDEAU
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Investment ScoreN/A
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Listed by Stacy Pickard · Red Key Realty & Property Management