Active

DRAKE LANDING

41 Drake Landing Loop , Okotoks, AB

$844,900

Residential · MLS® A2319699
4Bedrooms
3Bathrooms
2,426Sq Ft
3Garage
2014Year Built
02 / Overview

PROPERTY OVERVIEW

*** OPEN HOUSE, SATURDAY JUNE 20 12:00-3:00 *** Built by Sterling Homes in 2014, this two-storey detached home offers 2,426 sq ft of finished living space in one of Okotoks' most established master-planned communities. With four bedrooms above grade, a bonus room, a walkthrough pantry, and a triple attached garage this home delivers a functional, well-considered layout that holds up against anything available in Drake Landing.

The main floor is designed for how families actually live. An open-concept kitchen and living...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,426 sq ft
Lot Size5,277 sq ft
ZoningTN
HeatingForced Air
CoolingCentral Air
ParkingTriple Garage Attached
ExteriorNone
BasementFull
Year Built2014
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$550After mortgage & expenses
Cap Rate5.3%Based on market rents
Cash on Cash Return3.9%With 20% down payment
Est. Monthly Rent$4,446Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DRAKE LANDING

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Listed by Diane Richardson · CIR Realty