About the property (MLS: 1272941):
Discover the perfect canvas for your dream home at 21-27 Nearys Road, located in the picturesque town of Paradise, Newfoundland. This expansive lot, nearly an acre in size, offers breathtaking ocean views, providing a serene and beautiful backdrop for your future residence. The spacious lot provides ample room for a custom-built home, outdoor amenities, and beautifully landscaped gardens. Situated in the growing community of Paradise, this property is close to local schools, shopping centers, recreational facilities, and essential services, ensuring convenience while maintaining a peaceful, small-town charm. The area is perfect for outdoor enthusiasts, with nearby parks, hiking trails, and waterfront activities. This prime location offers easy access to major roads and highways, making commuting a breeze. The property is ideal for those seeking a blend of natural beauty and modern convenience, with significant development potential. Whether you envision a spacious family home, or a retreat surrounded by nature, this land provides a unique opportunity to create a custom living space that fully capitalizes on its stunning setting. Don’t miss out on this rare chance to own a piece of paradise with unparalleled ocean views. Embrace the opportunity to build your dream home in a location that offers both serenity and accessibility. (id:56688)
Property Details
Listing ID: 26969844
Address: 21-27 Neary Road, Paradise, Newfoundland & Labrador, Canada A1L3R7
Status: Active
Last updated: 3 months ago ( May 31, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $833
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.56087, -52.897234]
Rooms
Basic Calculator
First Mortgage: $111,920
Mortgage insurance premium: $0
Total Financing: $111,920
Rough closing fee (1.5%): ~ $2,099
Total downpayment with estimated closing fee: $30,079
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $175 | $2,100 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-175 | $-2,100 |
Net Operating Income (NOI) | $-175 | $-2,100 |
Capitalization Rate | -0.13% | -1.50% |