Active
EASTVIEW ESTATES
56 Elder Street , Red Deer, AB
$365,000
Residential ยท MLSยฎ A23305734Bedrooms
2Bathrooms
951Sq Ft
2Garage
1989Year Built
02 / Overview
PROPERTY OVERVIEW
Space where it matters, a practical layout, and a location that makes everyday life a little easier, this bungalow checks all the boxes. The living room features a cozy wood burning fireplace, while the functional kitchen offers plenty of storage and workspace for busy mornings or family dinners. Three bedrooms and a 4 piece bathroom complete the main level. The finished basement adds valuable flexibility with a fourth bedroom, a 3 piece bathroom, laundry area, and a spacious rec room...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area951 sq ft
Lot Size4,329 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1989
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$184After mortgage & expenses
Cap Rate5.1%Based on market rents
Cash on Cash Return3.0%With 20% down payment
Est. Monthly Rent$1,864Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
EASTVIEW ESTATES
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Investment ScoreN/A
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Listed by Donna Empringham ยท Royal LePage Network Realty Corp.