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Land For Sale at 40 Will Rogers RD in Steeves Mountain, New Brunswick

4 Sale ID #215995
Updated 04 May 2024

Asking Price

$139,000

Cap Rate help 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

This beautiful 1.96-acre lot located on Will Rogers Road, just beyond Moncton City limits in the Lutes Mountain area, offers a serene rural living experience. Whether you're looking to raise your family or retire in peace, this tranquil setting provides ample privacy. Zoned for Rural Agriculture, it boasts a gently sloped lot with captivating sunset views and picturesque hillside. Outdoor enthusiasts will appreciate easy access to snowmobile trails, cross-country skiing, biking, and ample space for gardening, all within a welcoming neighborhood setting. Conveniently located, it's a short drive to attractions like Casino NB, Magnetic Hill/Zoo, Mountain View Golf Course, and essential amenities. Please note that covenants apply, and the price excludes HST. Don't miss the chance to make your dream home a reality in this serene location - Call for more information today! (id:39198)

  • MLS® : #M157967
  • Date Listed : 18 Mar 2024

Location

Province

New Brunswick

City

Steeves Mountain

Address

40 Will Rogers Rd

Postal Code

E1G2X7

Location Highlights

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Listed by

RE/MAX Quality Real Estate Inc. New Brunswick listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$139,000

Asking Price

$139,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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