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TelephoneEmail30 Talcville Road, Conception Bay South, Newfoundland & Labrador, Canada A1W3E6

30 Talcville Road

Conception Bay South, NL, A1W3E6

location

$179,000

30 Talcville Road Conception Bay South Newfoundland & Labrador Canada A1W3E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
30 Talcville Road Conception Bay South Newfoundland & Labrador Canada A1W3E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
30 Talcville Road Conception Bay South Newfoundland & Labrador Canada A1W3E6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1269816
Listing ID: 26761544
Address: 30 Talcville Road, Conception Bay South, Newfoundland & Labrador, Canada A1W3E6
Status: Active
Last updated: 7 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

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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$224$2,688
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-224$-2,688
Net Operating Income (NOI)$-224$-2,688
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).): $255,715