41 Tiffany Lane
St. John's, NL, A1A0L1
$1,250,000
About the property (MLS: 1262203):
Are you looking for a PRIME piece of real estate? This FANTASTIC opportunity does not come by very often. Close to everything and everywhere, within walking distance of lots of restaurants and recreation, and located around Kenny's Pond is this spectacular 1 acre lot, with lots of amazing possibilities for a new business venture. Don't miss out on this! (id:56688)
Property Details
MLS: 1262203
Listing ID: 25954692
Address: 41 Tiffany Lane, St. John's, Newfoundland & Labrador, Canada A1A0L1
Status: Active
Last updated: 2 months ago ( Aug 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.589619, -52.714628]
Listing ID: 25954692
Address: 41 Tiffany Lane, St. John's, Newfoundland & Labrador, Canada A1A0L1
Status: Active
Last updated: 2 months ago ( Aug 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.589619, -52.714628]
Rooms
Basic Calculator
First Mortgage: $1,000,000
Mortgage insurance premium: $0
Total Financing: $1,000,000
Rough closing fee (1.5%): ~ $18,750
Total downpayment with estimated closing fee: $268,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,563 | $18,756 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-1,563 | $-18,756 |
| Net Operating Income (NOI) | $-1,563 | $-18,756 |
| 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).): $1,785,715
