115-127 Round Pond Road Unit#LOT 1
Paradise, NL, A1L2J6
$449,500
About the property (MLS: 1272905):
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 2 listed under MLS® 1272913) 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: 26966369
Address: 115-127 Round Pond Road Unit#LOT 1, Paradise, Newfoundland & Labrador, Canada A1L2J6
Status: Active
Last updated: 12 days ago ( Oct 17, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $1,445
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: [47.514095, -52.914118]
Rooms
Basic Calculator
First Mortgage: $359,600
Mortgage insurance premium: $0
Total Financing: $359,600
Rough closing fee (1.5%): ~ $6,743
Total downpayment with estimated closing fee: $96,643
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $562 | $6,744 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-562 | $-6,744 |
| Net Operating Income (NOI) | $-562 | $-6,744 |
| Capitalization Rate | -0.13% | -1.50% |
