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$1.2M total
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Asset Class
Land
Size
—
Building class
A
Zoning
AG — Agricultural
$ / SF
—
Occupancy
85%
Lot Size
49.04 ac
Nestled on a sprawling 49.04-acre lot, this serene property offers a tranquil escape with a wooded backdrop and crop field. Featuring 2 bedrooms and 1 bathroom across a spacious 1614 sq ft layout, this home is uniquely designed for comfort and accessibility. The property highlights include a large fenced-in pasture, a pond, and extensive outdoor living spaces, a 10x28 ft front porch and a covered 10x22 ft back deck with walkout patio doors from the dining area, perfect for entertaining or peaceful evenings. Outside you will also find a large garage, a workshop and a couple sheds. The home is well-equipped with both a gas stove and an outlet for an electric stove. The walkout basement opens onto a covered patio and boasts in-law suite capabilities, adding flexibility to the living space. Accessibility is thoughtfully addressed with a wheelchair-friendly 3-ft wide front entrance door. For those seeking a quiet life in harmony with nature, this property is an ideal choice. Listed for sale, it's ready for you to call it home. (id:66811)
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Monthly debt service
$6K
Projected NOI
$57K
Annual cash flow
$-9K
Cash-on-cash
-2.53%
DSCR
0.86
Going-in cap
4.78%
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.
Trade area within 3 miles of the property.
Population
65,626
Households
24,543
Median income
$85,500
Median age
39.6
Daytime population
107,047
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 889 NORFOLK COUNTY 28 ROAD, Norfolk.
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.