For Sale · Land

7 Goodwin Road, Chapman Settlement

7 Goodwin Road, Chapman Settlement, NS B0L1E0

$74,900 total

—

Asset Class

Land

Size

—

Building class

A

Zoning

AG — Agricultural

$ / SF

—

Occupancy

83%

Lot Size

6.18 ac

About this property

6.18-ACRE LOT WITH TWO CAMPS! Located with road frontage on Goodwin and Chapman Settlement Road, this property offers a great opportunity for anyone looking for a recreational getaway, future year-round retreat, or private piece of land to make their own. The lot is already equipped with a driveway and well, along with two camps or concrete slab foundations that could be completed and improved to suit your needs. With a great mix of hardwood and softwood throughout the property, there is plenty of privacy and natural surroundings to enjoy. Power could potentially be connected, or keep things simple and create an off-grid setup. Outdoor enthusiasts will appreciate the proximity to ATV and snowmobile trails, fishing, and the beautiful beaches of the Northumberland Strait. Whether youre looking for a weekend escape, hunting or recreational property, or a place to develop over time, this 6.18-acre parcel offers plenty of possibilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$75K
Down payment30% · $22K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$346

Projected NOI

$3K

Annual cash flow

$-685

Cash-on-cash

-3.05%

DSCR

0.83

Going-in cap

4.63%

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

131,622

Households

58,392

Median income

$94,500

Median age

31.6

Daytime population

127,094

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 7 Goodwin Road, Chapman Settlement.

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.