25 Cliffside Avenue
Conception Bay South, NL, A1W4G6
$89,900
About the property (MLS: 1268998):
Build your dream home on this oversized lot located on a quiet street in CBS. The 75 foot frontage allows you to build a larger home and still maintain rear yard access. Just minutes from Peacekeepers Way providing easy access to Pitts Memorial Drive, Outer Ring Road and the TCH. Municipal services on street. Purchaser responsible for connection and bringing services to lot. Purchaser responsible for HST if applicable. (id:56688)
Property Details
MLS: 1268998
Listing ID: 26662487
Address: 25 Cliffside Avenue, Conception Bay South, Newfoundland & Labrador, Canada A1W4G6
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Leasehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $465
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Leasehold
Number of photos available: 6
Rurl
Coordinates: [47.517035, -52.937664]
Listing ID: 26662487
Address: 25 Cliffside Avenue, Conception Bay South, Newfoundland & Labrador, Canada A1W4G6
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Leasehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $465
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Leasehold
Number of photos available: 6
Rurl
Coordinates: [47.517035, -52.937664]
Rooms
Basic Calculator
First Mortgage: $71,920
Mortgage insurance premium: $0
Total Financing: $71,920
Rough closing fee (1.5%): ~ $1,349
Total downpayment with estimated closing fee: $19,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $113 | $1,356 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-113 | $-1,356 |
| Net Operating Income (NOI) | $-113 | $-1,356 |
| Capitalization Rate | -0.13% | -1.51% |
Capitalization Rate: -1.51%
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).): $128,429
