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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | Infinity% | Infinity% |
Cash Flow | $-238 | $-2,856 |
Net Operating Income (NOI) | $-238 | $-2,856 |
Capitalization Rate | -0.13% | -1.50% |