278 Thorburn Road
St. John's, NL, A1B3K4
0 Bed | 0 Bath
$172,900
About the property (MLS: 1269603):
LARGE LOT WITH OLD 2 STOREY HOME ON IT.... VALUE IN LAND ONLY. 150 FT FRONTAGE. 1.65 acres. Price reduced by $25,000. On the doorstep of Heath Science , MUN, Avalon Mall, Etc. (id:56688)
Property Details
MLS: 1269603
Listing ID: 26731714
Address: 278 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B3K4
Status: Active
Last updated: 4 months ago ( May 18, 2024 )
Year Built: 1952
Property Type: Other
Structure Type: Other
Ownership Type: Freehold
Beds: 0
Baths: 0
1/2 Baths: 0
Heating: No heat
Price per sq ft: $∞
Tax Annual Amount: $1,200
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: No heat
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.567273, -52.780819]
Listing ID: 26731714
Address: 278 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B3K4
Status: Active
Last updated: 4 months ago ( May 18, 2024 )
Year Built: 1952
Property Type: Other
Structure Type: Other
Ownership Type: Freehold
Beds: 0
Baths: 0
1/2 Baths: 0
Heating: No heat
Price per sq ft: $∞
Tax Annual Amount: $1,200
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: No heat
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.567273, -52.780819]
Rooms
| Other | Other | SEE REMARKS null |
Basic Calculator
First Mortgage: $138,320
Mortgage insurance premium: $0
Total Financing: $138,320
Rough closing fee (1.5%): ~ $2,594
Total downpayment with estimated closing fee: $37,174
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $217 | $2,604 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-217 | $-2,604 |
| Net Operating Income (NOI) | $-217 | $-2,604 |
| 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).): $247,000
