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TelephoneEmail107 Round Pond Road, Paradise, Newfoundland & Labrador, Canada A1L2J6

107 Round Pond Road

Paradise, NL, A1L2J6

location

$429,900

107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
107 Round Pond Road Paradise Newfoundland & Labrador Canada A1L2J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1269847):

If you are looking for a secluded oasis on a pond but don't want to have to go to the cabin to get it then look no further. You can live the cabin life every day on Topsail Round Pond conveniently located in aptly named Paradise!!!! There is 2.5 acres of beautiful land to build your dream home on plus 210 feet of pond frontage! There is a natural clearing that currently has an old cabin that would be a perfect spot to build your own sanctuary. Well and septic has already been approved as well so start designing your dream home and planning to live the life you've been dreaming about. (id:56688)

Property Details
MLS: 1269847
Listing ID: 26768997
Address: 107 Round Pond Road, Paradise, Newfoundland & Labrador, Canada A1L2J6
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $
Tax Annual Amount: $2,000
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 8
Rurl
Coordinates: [47.514884, -52.915374]

Rooms

Basic Calculator



First Mortgage: $343,920

Mortgage insurance premium: $0

Total Financing: $343,920

Rough closing fee (1.5%): ~ $6,449

Total downpayment with estimated closing fee: $92,429

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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$538$6,456
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-538$-6,456
Net Operating Income (NOI)$-538$-6,456
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).): $614,143