30 Sandy Gale Drive

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30 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 spanning 0.45 acres available for purchase
  • Priced at 29900 dollars for immediate market acquisition
  • Located in New Castle within the state of Indiana
  • Suitable for single family residential construction projects
  • Property situated at 30 Sandy Gale Drive in ZIP 47362

What's Special

Construct a custom home on this 0.45-acre residential land parcel situated in New Castle, Indiana. The site provides a clean slate for residential development within a quiet suburban setting, offering enough space to accommodate various architectural footprints. Located in Henry County, this lot benefits from a community atmosphere while maintaining proximity to essential regional transportation corridors that connect to the broader Indianapolis metropolitan area. Investors and individual builders will find the site suitable for long-term residential housing projects or personal use. The local market remains a stable environment for new construction given the demand for residential inventory in the region. This flat parcel represents a straightforward acquisition for those looking to establish a footprint in an established neighborhood. With straightforward access to local municipal services and roads, this property is ready for the planning and permitting phase of development.

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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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