29 Sandy Gale Drive

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29 Sandy Gale Drive

New Castle, IN 47362
Asking Price
$30K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel totaling 0.45 acres available for purchase.
  • The property is located at 29 Sandy Gale Drive in New Castle.
  • Asking price for this residential lot is set at $29,900.
  • Property is positioned within the 47362 zip code of Indiana.
  • Ideal site for future single-family residential development projects.

What's Special

Priced at $29,900, this 0.45-acre residential land parcel sits at 29 Sandy Gale Drive in New Castle, Indiana. The site is situated within a residential submarket, offering a buildable footprint for a single-family home or residential development project. New Castle serves as a growing suburban hub within the metro region, providing residents with access to established local infrastructure and regional transit routes. The surrounding area maintains a character suited for residential growth and housing inventory expansion. This plot presents a clear opportunity for individuals or builders looking to secure a residential lot in the 47362 zip code. Its location allows for convenient integration into the existing residential landscape, supporting a variety of housing needs common to the Indiana market.

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NOI
$80,000
Cap Rate
267.56%
DSCR
45.07
Strong
Cash-on-Cash
872.07%
Monthly Payment
$147.929
Annual Cash Flow
$78,224.853

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