Active
THE COVE
116 Cove Road , Chestermere, AB
$785,000
Residential · MLS® A23126595Bedrooms
4Bathrooms
2,151Sq Ft
3Garage
1998Year Built
02 / Overview
PROPERTY OVERVIEW
**OPEN HOUSE - Sat June 20 (2-4pm)**If you’re looking for a home designed for both luxury, functionality, and an exceptional location, this beautifully updated estate home in The Cove is one you won’t want to miss! Located in the highly sought-after lake community, this stunning 2-storey residence offers over 4,400 sq. ft. of beautifully developed living space just steps from Chestermere’s beaches, parks, and playgrounds. Situated on a tremendous west-facing corner lot, the home features 5 bedrooms, 4 full bathrooms,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,151 sq ft
Lot Size7,103 sq ft
ZoningR-1
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingBoat • Gated • Heated Garage • RV Access/Parking • See Remarks • Triple Garage Attached
ExteriorCourtyard • Garden • Private Yard
BasementFull
Year Built1998
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$400After mortgage & expenses
Cap Rate5.1%Based on market rents
Cash on Cash Return3.1%With 20% down payment
Est. Monthly Rent$4,014Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
THE COVE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Jonathan Popowich · eXp Realty