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Norfleet Shores Road
Belhaven, NC 27810
Asking Price
$4.90M
Asset Type
Land
Class
Class B
What's Special
Belhaven Waterfront Potential <p></p><p><strong>Property Highlights:</strong></p><ul><li><ul><li>3,000+ ft of Pungo River frontage </li><li>Great water access along protected Little Creek</li><li>Direct access to the Intracoastal & Pamlico Sound </li><li>Approved permits for boat ramp, 5 slips & bulkhead </li><li>Suitable soils for multiple homesites </li><li>Ideal for private estate or waterfront development </li></ul></li></ul><p></p><p></p>
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NOI
$80,000
Cap Rate
1.63%
DSCR
0.27
Underwater
Cash-on-Cash
-14.35%
Monthly Payment
$24,242.526
Annual Cash Flow
$-210,910.318