Active

COTTAGE AREA

4011 Lakeshore Drive , Sylvan Lake, AB

$595,000

Residential · MLS® A2328631
3Bedrooms
2Bathrooms
1,280Sq Ft
2Garage
1996Year Built
02 / Overview

PROPERTY OVERVIEW

LAKE LIFE IS CALLING!! Situated directly across the street from Central Alberta's most beautiful lake and available for IMMEDIATE POSSESSION you'll find 4011 Lakeshore Drive! The front porch is a perfect place to enjoy lovely views of Sylvan Lake, and the beautiful sandy beach is a short walk across the road from the front step of this 3 bedroom home. The main level offers new vinyl flooring and carpet, and a bright front living room with fabulous lake views. There...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,280 sq ft
Lot Size3,510 sq ft
ZoningRC1
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Parking Pad • Side By Side
ExteriorGarden
BasementCrawl Space
Year Built1996
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$317After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.2%With 20% down payment
Est. Monthly Rent$2,390Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

COTTAGE AREA

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Investment ScoreN/A
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Active ListingsN/A

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Listed by Tim Maley · RE/MAX real estate central alberta