For Sale · Specialty

48 Ruperts Road, Stanhope

48 Ruperts Road, Stanhope, PE C0A1P0

$329,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

94%

Year Built

1975

About this property

Enjoy the best of Stanhope in this charming, turnkey 3-bedroom, 1-bath cottage. The open-concept living and kitchen area is made for easy gathering, while the screened-in porch and sunroom offer inviting places to relax after a day at the beach. Set on a beautiful 0.7-acre lot with a path to Ross Lane Beach, this property is ready for your own summer memories?or as a wonderful opportunity to generate income as a vacation rental. (id:66811)

Financial sandbox

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Estimate
Purchase price$329K
Down payment30% · $99K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$20K

Annual cash flow

$1K

Cash-on-cash

1.35%

DSCR

1.07

Going-in cap

5.95%

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

62,228

Households

22,778

Median income

$114,500

Median age

34

Daytime population

102,071

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 48 Ruperts Road, Stanhope.

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.