6 Rectory Road
Conception Bay South, NL, A1W5C6
$159,900
About the property (MLS: 1271528):
Don't miss this amazing opportunity to buy and construct in the most desirable Topsail area. It's difficult to find mature property in this neighbourhood. The buyer is responsible for paying any permit fees to the town of Conception Bay South as well as hst on the purchase price at closing. Purchaser will have to sign off on the grading plan and conditions of approval to build as approved by the town of Conception Bay South. (id:56688)
Property Details
MLS: 1271528
Listing ID: 26824895
Address: 6 Rectory Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5C6
Status: Active
Last updated: 2 months ago ( Sep 10, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $1,460
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.537143, -52.939521]
Listing ID: 26824895
Address: 6 Rectory Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5C6
Status: Active
Last updated: 2 months ago ( Sep 10, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $1,460
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.537143, -52.939521]
Rooms
Basic Calculator
First Mortgage: $127,920
Mortgage insurance premium: $0
Total Financing: $127,920
Rough closing fee (1.5%): ~ $2,399
Total downpayment with estimated closing fee: $34,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $200 | $2,400 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-200 | $-2,400 |
| Net Operating Income (NOI) | $-200 | $-2,400 |
| 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).): $228,429
