$499,900
Land Munner Drive
Beds
0
Baths
—
Sqft
—
Year
—
About this home
Welcome to Popple Hill Estates, now located within city limits This subdivision offers a beautiful location for residents with many fine homes & properties already established. Ideally located inside City Limits offering Country Sized lots and the convenience of being just minutes from amenities. 60+ Homes Now Completed. The final phase consists of approx. 123 acres and is ready to be developed. Approval must go through City of Fredericton, currently 32 lots have been approved. Excellent investment opportunity in an already established subdivision. Current Company Name must be taken over by Purchaser. This property offers excellent opportunity for an investor or developer at only $499,900 + HST. Please note equipment (2010 Escavator & 2007 Gravel Truck) to be included at additional price (See listing Realtor®) (id:65958)
- Subtype
- Other
- Lot size
- 123 acres
- MLS#
- NB099340
- Area
- RICHIBUCTO_ROAD
Cash on cash
-12.15%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,566
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.