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57511 92 Range , Mayerthorpe, AB

$475,000

Residential · MLS® A2322254
3Bedrooms
2Bathrooms
1,669.5Sq Ft
10Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

SHOP FIRST. HOUSE SECOND. POSSIBILITIES INCLUDED. Nearly 10 acres comprised of TWO individually titled 4.94± acre parcels, offering a rare opportunity for buyers seeking space, flexibility, & future potential. Whether you're planning a multi-generational setup, future 2nd residence, or simply need room for your business, hobbies, or equipment, this property delivers options that are increasingly hard to find.The modern Barndominium-style home offers approximately 1,500 sq. ft. of living space w/an open-concept design, massive kitchen featuring extensive cabinetry, unique drawer storage...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,669.5 sq ft
Lot Size430,372 sq ft
ZoningFarmland
HeatingIn Floor • Natural Gas
CoolingNone
Parking220 Volt Wiring • Covered • Enclosed • Garage Door Opener • Insulated • Oversized • Quad or More Attached • See Remarks
ExteriorFire Pit • Garden
BasementNone
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$853After mortgage & expenses
Cap Rate6.6%Based on market rents
Cash on Cash Return10.8%With 20% down payment
Est. Monthly Rent$3,072Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jill Jordan · RE/MAX Real Estate