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Land For Sale at Lot 07-1 Point View Lane in Earnscliffe, Prince Edward Island

4 Sale ID #57548
Updated 27 Apr 2024

Asking Price

$289,000

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

[VIDEO AVAILABLE - Click Virtual Tour or Media Link to view] Welcome to beautiful Point View Lane! Enjoy water views and walk out beach access from this ready to build on South Shore property. This 2.73 acre lot is 10 minutes from Stratford and 20 minutes from Charlottetown. Listen to the ocean waves, walk the sandy south shore beach, swim in the warm waters, and experience stunning sunsets. Underground utilities and restrictive covenants make this a great investment. Private seasonal road. This property is a definite must see! Lots 07-2 (3.33 Acres) & Lot 07-3 (6.81 Acres) also available. All measurements are approximate and should be verified by the purchaser. (id:39198)

  • MLS® : #202211469
  • Date Listed : 24 May 2022

Location

Province

Prince Edward Island

City

Earnscliffe

Address

Lot 07-1 Point View Lane

Postal Code

C0A2E0

Location Highlights

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Listed by

CENTURY 21 COLONIAL REALTY INC Prince Edward Island 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

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Financial Information

Yearly Rate

$289,000

Asking Price

$289,000

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

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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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