About the property (MLS: 1264399):
First time to market for this massive parcel of land! An astounding 70 acres in the Kenmount Hill area offers so many amazing opportunities. There is so much potential for developers as this lot is part of the City of St. John's Kenmount concept development plan, dated Sept 2017. Located close to shopping, restaurants, businesses, adjoining subdivisions and so much more! (id:56688)
Property Details
MLS: 1264399
Listing ID: 26159451
Address: 543 Kenmount Road, St. John's, Newfoundland & Labrador, Canada A1B1W1
Status: Active
Last updated: 2 months ago ( Nov 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.539231, -52.796179]
Listing ID: 26159451
Address: 543 Kenmount Road, St. John's, Newfoundland & Labrador, Canada A1B1W1
Status: Active
Last updated: 2 months ago ( Nov 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.539231, -52.796179]
Rooms
Basic Calculator
First Mortgage: $1,400,000
Mortgage insurance premium: $0
Total Financing: $1,400,000
Rough closing fee (1.5%): ~ $26,250
Total downpayment with estimated closing fee: $376,250
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $0 | $0 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | NaN% | NaN% |
Cash Flow | $0 | $0 |
Net Operating Income (NOI) | $0 | $0 |
Capitalization Rate | 0.00% | 0.00% |
Capitalization Rate: 0.00%
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).): $2,500,000