For Sale · Specialty

0 Dam Pond Road, Brigus Junction

0 Dam Pond Road, Brigus Junction, Newfoundland & Labrador A0B1G0

$379,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Year Built

1994

About this property

This Two Bedroom, Two Bathroom is ready for its new Owner. Either for a Cabin or Year Round Home this home has it all! Some finishing left to be completed but will be done before Closing. Cedar Pine finishing throughout with high ceilings with fans. Kitchen has a huge counter area, 2 sinks, bar with 4 bar stools, new cabinet doors ordered and will be installed upon arrival. Patio doors to a wide and full length deck on the front of this home with solar lights all around. Tiered deck on the side. Family room has a wood burning stove with a liner, vinyl plank waterproof flooring. Main bathroom has a claw tub and shower track will be installed. the Ensuite is walk-in shower, walk-in closet and two sets of sliding barn doors. Fully open basement with garage door facing the pond. Jetted pump for the well and the septic system is a 30 Gallon Steel Tank. There's a Shed and Gazebo in a large yard with ample parking. (id:66811)

Financial sandbox

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Estimate
Purchase price$379K
Down payment30% · $114K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$24K

Annual cash flow

$3K

Cash-on-cash

2.99%

DSCR

1.16

Going-in cap

6.44%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

101,763

Households

37,496

Median income

$118,500

Median age

33.5

Daytime population

114,757

5-yr growth

1.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 0 Dam Pond Road, Brigus Junction.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.