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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$295,000
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
Get ready to build your dream home surrounded by the natural rhythms of the tide, and picturesque views of Passamaquoddy Bay. This 14+ acre lot is waiting for someone to take it from extra to extraordinary! A local builder is on standby waiting to make your dreams become a realty . With 240 feet of waterfrontage and access to your private beach it will be like waking up in a utopia every day. Preparation for a new build has been done on the lot with a partially cleared area, the rest stands untouched surrounded by mature trees for ultimate privacy. Located only minutes from the highway as well, the iconic town of St. Andrews with award winning dining, golf, and entertainment. It has been proven that those who live close to the ocean are healthier than those who dont, so take advantage of the therapeutic ocean air, watch the whales from your deck (Passamaquoddy bay is home to 12 different species of whale!), enjoy evening kayak paddles right from your back yard. HST is included in this price. Call today! (id:39198)
Location
Province
New Brunswick
City
Bocabec
Address
~ Glass Point Road
Postal Code
E5B0C2
Location Highlights
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Listed by
COLDWELL BANKER SELECT REALTY New Brunswick 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
$295,000
Asking Price
$295,000
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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