For Sale · Land

Lot D Falmouth Dyke Road, Falmouth

Lot D Falmouth Dyke Road, Falmouth, NS B0P1L0

$50,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

97%

Lot Size

0.6887 ac

About this property

Lovely location for a home in the beautiful community of Falmouth. This lot overlooks Martock and the surrounding countryside. Not a big lot but big enough. this pretty lot is in the middle of vineyard country and offers spectacular views and proximity to Ski Martock, the town of Windsor and is very commutable to HRM. (id:66811)

Financial sandbox

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Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$231

Projected NOI

$3K

Annual cash flow

$-169

Cash-on-cash

-1.13%

DSCR

0.94

Going-in cap

5.20%

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

111,916

Households

39,714

Median income

$88,500

Median age

42.4

Daytime population

182,926

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for Lot D Falmouth Dyke Road, Falmouth.

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.