About the property (MLS: 1269816):
VACANT LAND! Prime investment opportunity for the savvy investor or builder! Located on a quiet side street in Manuels, Conception Bay South. This large block of land (nearly ~1.7 acres) is ideal for a small residential development with possible stunning views of Conception Bay. Possibility of subdividing the land to allow for 12 units (proposed development concept attached). Situated only minutes away from all amenities, schools, shopping, parks, grocery, Manuels River, and Yacht Club! Photos with property lines are approximate. **Purchaser responsible for any applicable fees including water and sewer hookup, all permits, assessments, lot servicing, HST. Survey available upon request. (id:56688)
Property Details
Listing ID: 26761544
Address: 30 Talcville Road, Conception Bay South, Newfoundland & Labrador, Canada A1W3E6
Status: Active
Last updated: 5 months ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.514138, -52.96151]
Rooms
Basic Calculator
First Mortgage: $143,200
Mortgage insurance premium: $0
Total Financing: $143,200
Rough closing fee (1.5%): ~ $2,685
Total downpayment with estimated closing fee: $38,485
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $224 | $2,688 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-224 | $-2,688 |
Net Operating Income (NOI) | $-224 | $-2,688 |
Capitalization Rate | -0.13% | -1.50% |