57 Northwest Corner Road

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57 Northwest Corner Road

Preston, CT 06365
Asking Price
$6.50M
Asset Type
Agricultural Special-purpose
Class
Class B

What's Special

Special Purpose | 9,784 SqFt <ul><li>​Unique, one of a kind property and potential business opportunity consisting of approximately 225 contiguous acres</li><li>​Property includes c. 1993 Cape Cod style single family home; c. 1791 Antique Colonial style residence (the Inn); c. 1997 Banquet Building (the Barn); commercial grade greenhouse and 3 additional equipment & storage barns / sheds</li><li>​The Inn is a permitted Historic Country Inn with 6 bedrooms, 3.5 baths, sleeps up to 12 guests, plus detached garage with auxilia

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NOI
$80,000
Cap Rate
1.23%
DSCR
0.21
Underwater
Cash-on-Cash
-15.69%
Monthly Payment
$32,158.453
Annual Cash Flow
$-305,901.442

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