For Sale · Specialty

00 Big Pond Road, Hickmans Harbour

00 Big Pond Road, Hickmans Harbour, Newfoundland & Labrador A0C0B6

$80,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

Year Built

2004

About this property

Looking for your private getaway? Welcome to lot 00 on Hickmans Harbour Big Pond, this property is approximately half an acre with you overlooking your own private section of Hickmans harbour Big Pond! The cabin has 3 good sized bedrooms, a full bathroom, and a large open concept kitchen/dining/living area which is great for entertaining. The cabin is approximately 0.5km from Big Pond Road where you will find your private new road to access the cabin. This property is one of a kind and has lots of potential to make your own! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$80K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$369

Projected NOI

$6K

Annual cash flow

$2K

Cash-on-cash

7.21%

DSCR

1.39

Going-in cap

7.70%

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

50,578

Households

22,505

Median income

$94,000

Median age

43.5

Daytime population

85,635

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 00 Big Pond Road, Hickmans Harbour.

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.