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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$79,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Welcome to Richard Point Road in Augustine Cove, We are thrilled to present you with a fantastic opportunity to own a mini farm, year-round home, or cottage just minutes away from the beach. This property offers the potential to build in two spots with Cat 1 zoning, providing flexibility for your desired development. Please note that this property is not suitable for subdivision, ensuring the preservation of its excellent value. Whether you're looking for a peaceful retreat or a place to call home, this property offers endless possibilities. Imagine waking up to the sound of the ocean and taking a short stroll to the beach whenever you desire. The location offers a perfect blend of tranquility and convenience, allowing you to enjoy the best of both worlds. If you've been dreaming of owning a mini farm or a cozy cottage by the sea, this is the perfect opportunity for you. Don't miss out on this excellent value. (id:39198)
Location
Province
Prince Edward Island
City
Cape Traverse
Address
0 Richard Point Road
Postal Code
C1B1X0
Location Highlights
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Listed by
CENTURY 21 NORTHUMBERLAND REALTY Prince Edward Island listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$79,900
Asking Price
$79,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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