For Sale · Land

Lot Scott's Point Road, East Dover

Lot Scott's Point Road, East Dover, NS B3Z3W4

$69,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

93%

Lot Size

0.4833 ac

About this property

Surrounded by nature and offering plenty of privacy, this is a fantastic opportunity to create your own escape in one of Nova Scotias most scenic coastal communities. Whether youre dreaming of building a year-round home, a weekend getaway or simply investing in land for the future, this property offers plenty of potential in a beautiful setting. Located close to the rugged coastline East Dover is known for, outdoor adventure is never far away. Explore Pollys Cove and West Dover Provincial Park, spend the day in Peggys Cove, or discover the many trails, coves and coastal communities throughout the area, all while being approximately 40 minutes from Halifax. Private, surrounded by nature and close to some of Nova Scotias most iconic coastline, this is a great opportunity to own a piece of East Dover. (id:66811)

Financial sandbox

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Estimate
Purchase price$70K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$323

Projected NOI

$3K

Annual cash flow

$-729

Cash-on-cash

-3.48%

DSCR

0.81

Going-in cap

4.50%

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

60,744

Households

26,929

Median income

$69,500

Median age

38.7

Daytime population

86,297

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for Lot Scott's Point Road, East Dover.

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.