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LANCASTER MEADOWS

42 Logan Close , Red Deer, AB

$509,900

Residential · MLS® A2318669
4Bedrooms
3Bathrooms
1,251.75Sq Ft
2Garage
1997Year Built
02 / Overview

PROPERTY OVERVIEW

Located in the desirable community of Lancaster, with K–12 schools just minutes away, this well-maintained 4-bedroom, 3-bathroom home offers space, functionality, and an unbeatable location. The welcoming front foyer provides plenty of room for busy families, while the bright open-concept living room is filled with natural light. A short flight of stairs leads to the spacious dining area and south-facing kitchen, featuring abundant cabinetry and a brand-new refrigerator. Step outside onto the rear deck and enjoy views of the adjacent...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,251.75 sq ft
Lot Size7,006 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorOther
BasementFull
Year Built1997
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$54After mortgage & expenses
Cap Rate4.6%Based on market rents
Cash on Cash Return0.6%With 20% down payment
Est. Monthly Rent$2,391Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LANCASTER MEADOWS

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Investment ScoreN/A
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Listed by James Torrens · Real Broker