$140,000

LAND · MLS® A2274790
02 / Overview

PROPERTY OVERVIEW

This land makes you wanna dream to build a home! Welcome to 3/4 of an acre residential lot in the quiet residential subdivision of Westbrook. The garage/shop on the property was built in 2003 and features 2 doors on the opposite sides of the shop, large windows, and a rough in for a bathroom. While power and gas are already on the property ready for a future house, there is also a drilled well and a boiler, supplying the...

03 / Details

PROPERTY DETAILS

Property TypeLAND
Lot Size32,234 sq ft
ZoningRESIDENTIAL 1-C
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,044After mortgage & expenses
Cap Rate14.8%Based on market rents
Cash on Cash Return44.7%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

WESTBROOKESTATES

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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By

Inna Dolgusheva

RE/MAX Northern Realty