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Investment signal

$349,900

11592 Route 114

Beds

2

Baths

1

Sqft

Year

About this home

Tucked away in the heart of snowmobile country, this charming 2-bedroom, 1-bath home offers the perfect blend of comfort, privacy, and outdoor adventure. Set on 2.23 peaceful acres and bordering a gently flowing brook, the property delivers a true retreat-like setting year-round. Inside, youll find a warm and inviting open-concept layout highlighted by beautiful wood finishes and a vaulted ceiling that enhances the sense of space. The living area is centered around a striking stone hearth featuring both a fireplace and woodstove in oneideal for cozy winter nights after a day on the trails. Large windows and glass doors bring in natural light and offer serene views of the surrounding landscape. Step out onto the spacious covered porch, perfect for relaxing or entertaining while taking in the sights and sounds of nature. Located just a short walk from the Goshen Snowmobile Club, this property is a dream for outdoor enthusiasts, with easy access to miles of trails. Whether youre seeking a year-round residence, weekend getaway, or investment opportunity, this property delivers the best of rural living with recreation right at your doorstep. (id:65958)

Subtype
Single Family
Architectural style
Chalet
Lot size
2.23 acres
MLS#
NB137440
Area
SPRINGDALE
Negative cash flow ~$590/mo at these assumptions

Cash on cash

-10.12%

Cap rate

3.87%

GRM

15.3

Break-even rent

$2,521

Financing

Down payment$69,980
Loan amount$279,920
Mortgage$1,717/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$160
Insurance$80
Maintenance$292
CapEx reserve$146
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,717/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.

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