About the property (MLS: 1247823):
Prime property for subdivision backing on river located in Upper Gullies, CBS adjacent to Juleah Gardens subdivision. Property is located behind of Hickeys Building Supplies with approximately 8 building lots. Survey available. MLS 1220897 on same access road is also for sale. Purchaser is responsible for all Council development fees. HST (if applicable) (id:56688)
Property Details
MLS: 1247823
Listing ID: 24691165
Address: 76-88 St. Peters Road, CONCEPTION BAY SOUTH, Newfoundland & Labrador, Canada A1X4E2
Status: Active
Last updated: 3 months ago ( Aug 1, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $119
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.48339, -53.045322]
Listing ID: 24691165
Address: 76-88 St. Peters Road, CONCEPTION BAY SOUTH, Newfoundland & Labrador, Canada A1X4E2
Status: Active
Last updated: 3 months ago ( Aug 1, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $119
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.48339, -53.045322]
Rooms
Basic Calculator
First Mortgage: $199,920
Mortgage insurance premium: $0
Total Financing: $199,920
Rough closing fee (1.5%): ~ $3,749
Total downpayment with estimated closing fee: $53,729
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $313 | $3,756 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-313 | $-3,756 |
Net Operating Income (NOI) | $-313 | $-3,756 |
Capitalization Rate | -0.13% | -1.50% |
Capitalization Rate: -1.50%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $357,000