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Investment signal

$389,900

4216 37 Street

Save this home

Beds

4

Baths

2

Sqft

Year

1957

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Great starter home or revenue property ! Rear deck is 10 X 30 ft. Overall in good condition. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Mountview
Common interest
Freehold
Living area
1,060 square feet
Lot size
5,803 square feet
Lot dimensions
5803.00
Bedrooms
3 above grade, 1 below grade
Parking
2 total
Stories
1
On market
Mar 1, 2026
Status changed
Apr 28, 2026
Annual tax
$3,243.28 (2025)
Zoning
R-L
Photos
30
MLS#
A2289666
Area
RED_DEER

Features and systems

Parking

Detached Garage

Basement

FinishedFull

Appliances

RefrigeratorStoveWasher & Dryer

Heating

Forced airNatural gas

Cooling

None

Exterior

BrickVinyl siding

Flooring

HardwoodCarpeted

Foundation

Poured Concrete

Lot

PVC window
Positive cash flow ~$428/mo at these assumptions

Cash on cash

6.59%

Cap rate

6.18%

GRM

11.2

Break-even rent

$2,449

Financing

Down payment$77,980
Loan amount$311,920
Mortgage$1,580/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$179
Insurance$80
Maintenance$325
CapEx reserve$162
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,580/mo at 4.5% with 20% down, 30-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 28, 2026.

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