For Sale · Land

35 High Street, Trinity

35 High Street, Trinity, Newfoundland & Labrador A0C2S0

$499,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

94%

About this property

WOW!! Over 2 acres of oceanfront land located in the heart of historic Trinity! This beautiful oceanfront property would make the perfect site for your vacation get-away, Airbnb, or year round retreat! The land has also been approved by the town of Trinity as 3 oceanfront building lots - all with municipal services. Watch whales and eagles from the comfort of your home or stroll through the town and enjoy live music, theatre, shops, and culinary delights! Call for more information today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$499K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$-7K

Cash-on-cash

-4.42%

DSCR

0.76

Going-in cap

4.22%

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

77,396

Households

36,652

Median income

$119,500

Median age

33.7

Daytime population

80,098

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 35 High Street, Trinity.

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.