$35,000
384 Main Street
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About this home
Discover the perfect canvas for your dream coastal retreat on this stunning 2.471-acre parcel of vacant land, boasting unobstructed ocean views. Enjoy panoramic sunrises, ocean breezes, and the tranquil sounds of nature. Nestled in a serene and private setting, this rare offering presents endless possibilities—whether you envision a luxurious home, a vacation getaway, or a savvy investment opportunity. Whether you build now or hold for the future, this is your chance to own a slice of coastal paradise. Seize the opportunity to create something truly extraordinary. (id:65958)
- Subtype
- Vacant Land
- MLS#
- 1296187
- Area
- NORRIS_ARM_NORTH
Cash on cash
337.45%
Cap rate
73.38%
GRM
1.2
Break-even rent
$328
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.