28 Sandy Gale Drive

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28 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).

  • The residential lot spans approximately 0.49 acres of land.
  • This parcel is listed for sale at $29,900.
  • The property address is 28 Sandy Gale Drive in New Castle.
  • New Castle provides a suburban residential context for development.
  • The site represents an opportunity for residential construction projects.

What's Special

Priced at $29,900, this 0.49-acre residential lot sits at 28 Sandy Gale Drive in New Castle, Indiana. The site offers a designated space for development within a growing suburban environment in the metro area. New Castle benefits from its regional connectivity and steady economic base, making it a practical location for residential investment or individual home construction. Residential land in this submarket serves as a versatile option for builders and private buyers looking to capitalize on available acreage. With its specific lot size, the parcel supports various residential development plans consistent with local zoning. Access to infrastructure and the surrounding community character provide a foundation for residential projects intended for long-term growth and utility.

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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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