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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$49,900
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
50 Micnoel Place presents a unique and promising opportunity for home construction, nestled in the corner of a tranquil cul-de-sac. Situated in a nearly completed residential development, this plot boasts a prime location that combines the serenity of a suburban enclave with the convenience of community living. Surrounded by newly constructed homes, the neighborhood exudes a fresh and modern vibe. The development is located in a family-friendly area, with access to quality schools, parks, and recreational facilities nearby. Shopping centers, restaurants, and essential services are also within a convenient distance, ensuring that future residents will enjoy both the peace of suburban life and the amenities of urban living. This parcel is ideal for families looking to build their dream home or investors seeking to capitalize on the thriving real estate market in the area. Its location in the bulb of the cul-de-sac not only ensures less through traffic but also offers a safer and more peaceful environment, making it a highly desirable spot in the development. (id:39198)
Location
Province
Newfoundland & Labrador
City
Pouch Cove
Address
50 Micnoel Place
Postal Code
A0A3L0
Location Highlights
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Listed by
BENNETT PROPERTY SHOP REALTY Newfoundland & Labrador 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
$49,900
Asking Price
$49,900
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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