$579,900

Residential · MLS® A2272217
5Bedrooms
3Bathrooms
1,045Sq Ft
2Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this bright and beautifully maintained 1,045 sq ft bungalow in the heart of Falconridge NE! Featuring 3 bedrooms on the main floor with 1 full bathroom and a convenient half bathroom attached to the master bedroom, this home offers comfort and practicality for families or first-time buyers. The flooring and paint were updated in 2022, giving the main level a fresh and modern feel. The 2-bedrooms basement (illegal suite) provides excellent rental income to help with mortgage payments....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,045 sq ft
Lot Size4,040 sq ft
ZoningR-CG
HeatingCentral
CoolingOther
ParkingDouble Garage Detached • Parking Pad
ExteriorFire Pit • Garden • Playground • Private Yard • Storage
BasementFull
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$491After mortgage & expenses
Cap Rate3.5%Based on market rents
Cash on Cash Return-5.1%With 20% down payment
Est. Monthly Rent$2,079Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FALCONRIDGE

Strong Investment
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Investment Score75/100
Avg Home Price$473K
Active Listings29
Listed by Karan Dandiwal · PREP Realty