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Land For Sale at Lot Damascus Road in Smithtown, New Brunswick

4 Sale ID #167673
Updated 03 May 2024

Asking Price

$32,900

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

Embrace the serenity of nature on this captivating 2-acre lot, a pristine canvas awaiting your dream cottage or home, just a short distance from Hampton, New Brunswick. Tucked away in a lush, wooded expanse, this property offers a harmonious blend of tranquility and convenience, presenting an ideal opportunity for those seeking a peaceful retreat within reach of essential amenities. Immerse yourself in the natural beauty that surrounds this generously treed lot, providing an enchanting backdrop for your vision of a cottage getaway or a charming home. The tranquility and seclusion offered by the mature trees create a sense of privacy, making it the perfect setting to unwind and escape the hustle and bustle of everyday life. Despite its serene ambiance, the property is strategically located within a mere 10-minute drive to Hampton. This proximity ensures that all necessary amenities, services, and conveniences are easily accessible, allowing you to strike a perfect balance between the peaceful allure of nature and the practicalities of daily living. (id:39198)

  • MLS® : #NB091134
  • Date Listed : 05 Oct 2023

Location

Province

New Brunswick

City

Smithtown

Address

Lot Damascus Road

Postal Code

E5N3Z9

Location Highlights

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Listed by

COLDWELL BANKER SELECT REALTY 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

$32,900

Asking Price

$32,900

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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