About the property (MLS: 1267433):
Approximately 50x273 un-serviced lot located on Foxtrap Access Road, just minutes away from all amenities and schools. Purchaser responsible for hst and all permits required for development and cost recovery to the town of CBS. (id:56688)
Property Details
MLS: 1267433
Listing ID: 26460842
Address: 83 Foxtrap Access Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7N6
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $489
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.501289, -52.996396]
Listing ID: 26460842
Address: 83 Foxtrap Access Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7N6
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $489
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.501289, -52.996396]
Rooms
Basic Calculator
First Mortgage: $51,920
Mortgage insurance premium: $0
Total Financing: $51,920
Rough closing fee (1.5%): ~ $974
Total downpayment with estimated closing fee: $13,954
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $82 | $984 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-82 | $-984 |
| Net Operating Income (NOI) | $-82 | $-984 |
| Capitalization Rate | -0.13% | -1.52% |
Capitalization Rate: -1.52%
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).): $92,715







