115-127 Round Pond Road Unit#LOT 2
Paradise, NL, A1L2J6
$399,900
About the property (MLS: 1272913):
The best investment on Earth .... is earth! And they are not making any more of it! This particular piece comes with it's own private WATER FRONTAGE on Topsail Round Pond. Located in the highly desired Topsail Pond / Three Island Pond area, this lightly wooded parcel of land is accessible from Round Pond Road. This lot is one half of a larger parcel of 5.729 acres and seller is willing to subdivide into two equally sized adjacent lots. (See adjacent LOT 1 listed under MLS® 127905) There is potential to purchase both lots (5.729 acres) and subdivide into 1 acre lots (if desired). Less than 10 minutes from Topsail Beach & Town Centre, and 15 minutes to the TCH. Enjoy the tranquility of living on a secluded country estate with a short commute to Downtown St. John's, Paradise, CBS and all amenities. Enjoy canoeing, kayaking, peaceful hikes and amazing sunsets from your own backyard. Purchasers to be responsible for all permits, fees, road upgrades. (id:56688)
Property Details
Listing ID: 26966368
Address: 115-127 Round Pond Road Unit#LOT 2, Paradise, Newfoundland & Labrador, Canada A1L2J6
Status: Active
Last updated: 16 days ago ( Nov 25, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $1,430
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.514081, -52.914354]
Rooms
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-500 | $-6,000 |
| Net Operating Income (NOI) | $-500 | $-6,000 |
| Capitalization Rate | -0.13% | -1.50% |
