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36337 Range Road 282 , Rural Red Deer County, AB

$645,000

Residential · MLS® A2324613
3Bedrooms
2Bathrooms
1,790Sq Ft
2Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

Enjoy the peace and space of acreage living just minutes from the small town of Penhold, with the river only two minutes away. This private, tree-lined property features a 1,790 sq ft bungalow set on level land zoned AG, offering the option to pasture horses. The yard includes a 30 x 75 covered machine shed and a double detached garage. The main floor offers a practical layout with a kitchen featuring wood cabinets, a pantry, and plenty of cupboard space,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,790 sq ft
Lot Size304,920 sq ft
ZoningAG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementPartial
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$314After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.9%With 20% down payment
Est. Monthly Rent$3,283Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jacqui Fletcher · Royal LePage Network Realty Corp.