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TelephoneEmail38 Lawrence Pond Road W, Conception Bay South, Newfoundland & Labrador, Canada A1X4C5

38 Lawrence Pond Road W

Conception Bay South, NL, A1X4C5

location

$190,000

38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Lawrence Pond Road W Conception Bay South Newfoundland & Labrador Canada A1X4C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1269407):

One-acre approved building lot (Civic 38) situated on the western slope of Lawrence Pond offering expansive water views and direct pond access whereby application may be considered for dock/wharf, boathouse, or slipway. Owned by the vendor's family for almost 100-years, the property was originally named "Kumagen" or "come again", as an everlasting welcome to both those familiar and unfamiliar. Lawrence Pond is an unobstructed 250m wide by 1 km long North/South body of water in a beautiful and quiet country setting and oriented in a valley surrounded by low hills of spruce, pine and birch providing full sun exposure throughout the day. Immediate access to Peacekeeper’s Way in CBS facilitates a direct route to Downtown St. John's in 20-minutes. (id:56688)

Property Details
MLS: 1269407
Listing ID: 26711495
Address: 38 Lawrence Pond Road W, Conception Bay South, Newfoundland & Labrador, Canada A1X4C5
Status: Active
Last updated: 2 months ago ( Jul 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: No sewage system
Price per sq ft: $
Tax Annual Amount: $814
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.468034, -53.050837]

Rooms

Basic Calculator



First Mortgage: $152,000

Mortgage insurance premium: $0

Total Financing: $152,000

Rough closing fee (1.5%): ~ $2,850

Total downpayment with estimated closing fee: $40,850

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$238$2,856
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-238$-2,856
Net Operating Income (NOI)$-238$-2,856
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).): $271,429