About the property (MLS: 1267546):
Located off The Trans Canada Highway via the Foxtrap access road. This property offers 21.72 acres of Industrial General zoned land. Ideal for many businesses that require space to construct a building and have large parking or lay down area or room to expand. Purchase Price is plus HST. (id:56688)
Property Details
MLS: 1267546
Listing ID: 26479474
Address: 385 Incinerator Road, Fox Trap, Newfoundland & Labrador, Canada A1X7N3
Status: Active
Last updated: 3 months ago ( Jul 18, 2024 )
Property Type: Vacant Land
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $2,729
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Number of photos available: 1
Rurl
Coordinates: [47.439666, -52.990483]
Listing ID: 26479474
Address: 385 Incinerator Road, Fox Trap, Newfoundland & Labrador, Canada A1X7N3
Status: Active
Last updated: 3 months ago ( Jul 18, 2024 )
Property Type: Vacant Land
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $2,729
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Number of photos available: 1
Rurl
Coordinates: [47.439666, -52.990483]
Rooms
Basic Calculator
First Mortgage: $880,000
Mortgage insurance premium: $0
Total Financing: $880,000
Rough closing fee (1.5%): ~ $16,500
Total downpayment with estimated closing fee: $236,500
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $1,375 | $16,500 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-1,375 | $-16,500 |
Net Operating Income (NOI) | $-1,375 | $-16,500 |
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).): $1,571,429