$30,000
Lot Cox Point Road
Beds
0
Baths
—
Sqft
—
Year
—
About this home
Sun seeker?? Love boating? This property is your ideal spot on Grand Lake! Claim it as your own private refuge and boat in for picnics, swimming, or full-on camping weekends. You'll enjoy gorgeous views of Grand Lake from your own private waterfront. Not only that, but this property presents an investment opportunity. Surrounded by a larger parcel, leverage your position to get a return on your investment when the surrounding property goes to market; sell to reunite the properties OR be the first in line when opportunity knocks to acquire the whole area. Make this your get-away location! NOTE: This property is accessible only by water. (id:65958)
- Subtype
- Vacant Land
- Lot size
- 3,000 square meters
- MLS#
- NB137390
- Area
- CUMBERLAND_BAY
Cash on cash
210.30%
Cap rate
47.95%
GRM
1.8
Break-even rent
$293
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 17, 2026.