For Sale · Land

Lot 13 South Beach Lane, Hampton

Lot 13 South Beach Lane, Hampton, PE C0A1J0

$198,500 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

93%

About this property

HST free, adding real value to your purchase. Rare waterfront opportunity in the sought-after Hamptons community! This 0.62-acre building lot offers an impressive 152 feet of water frontage with stunning views over a sheltered bay to the Gulf of St. Lawrence. Gently elevated for an excellent building site. Whether you're dreaming of a year-round residence or a seasonal escape, this is your chance to own a piece of PEI's spectacular coastline. (id:66811)

Financial sandbox

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Estimate
Purchase price$199K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$917

Projected NOI

$9K

Annual cash flow

$-2K

Cash-on-cash

-2.92%

DSCR

0.84

Going-in cap

4.66%

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

50,061

Households

20,498

Median income

$67,000

Median age

40.6

Daytime population

84,014

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for Lot 13 South Beach Lane, Hampton.

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.