For Sale · Land

Crisp Road, New Albany

Crisp Road, New Albany, NS B0S1P0

$45,000 total

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Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

87%

Lot Size

3 ac

About this property

Discover the perfect spot to build your dream home on this approximately 3-acre parcel of land to be subdivided from the parent lot. Located on Crisp Road, this property offers road frontage, a private setting, and plenty of space to enjoy the peace and quiet of country living with few neighbouring properties nearby. Conveniently located just 10 minutes from Middleton and only 5 minutes from beautiful Trout Lake, you'll enjoy the best of both privacy and convenience, with shopping, amenities, and outdoor recreation all within easy reach. A great opportunity to create your own little piece of country living! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$45K
Down payment30% · $14K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$208

Projected NOI

$2K

Annual cash flow

$-793

Cash-on-cash

-5.88%

DSCR

0.68

Going-in cap

3.78%

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

74,920

Households

29,837

Median income

$101,500

Median age

33.1

Daytime population

78,103

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for Crisp Road, New Albany.

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.