St Johns Church Rd

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St Johns Church Rd

Hampstead, NC 28443
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

What's Special

19 Acres on St Johns Church Road <ul><li>​± 19 Acres with frontage on St. Johns Church Rd</li><li>​Zoned RP - Residential Performance (Pender County) allowing for a multitude of residential uses</li><li>​Great location for a single family retreat, horse farm or single family and duplex development</li><li>​Up to 1 unit per 9,000 SF so long as public water and sewer are serving the site</li><li>​Water runs along St. Johns Church Rd and Pluris has issued a 'Will Serve' letter for sewer</li><li>​Very private parcel with large land

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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