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TelephoneEmail634 St Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L3T7

634 St Thomas Line

Paradise, NL, A1L3T7

location

$180,000

634 St Thomas Line Paradise Newfoundland & Labrador Canada A1L3T7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
634 St Thomas Line Paradise Newfoundland & Labrador Canada A1L3T7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
634 St Thomas Line Paradise Newfoundland & Labrador Canada A1L3T7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
634 St Thomas Line Paradise Newfoundland & Labrador Canada A1L3T7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1272942):

If living near the ocean is what you crave, then look no further than 634 St Thomas Line, Paradise. Build your dream home on this stunning property that offers panoramic ocean views on a sprawling lot, providing the perfect backdrop for serene and picturesque living. The property features a 20x24 detached garage, ideal for parking and storage, along with a 12x16 shed for all your outdoor needs. The paved driveway and landscaped grounds enhance the natural beauty of the property, creating an inviting and tranquil atmosphere. Enjoy the convenience of municipal water and sewer hook-ups, ensuring modern amenities are readily available. This is a rare opportunity to own a slice of paradise with unparalleled ocean vistas. Don’t miss your chance to make this coastal dream home yours! (id:56688)

Property Details
MLS: 1272942
Listing ID: 26978380
Address: 634 St Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L3T7
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: Ocean view
Sewer: Municipal sewage system
Price per sq ft: $
Tax Annual Amount: $0
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: 4
Rurl
Coordinates: [47.575369, -52.900557]

Rooms

Basic Calculator



First Mortgage: $144,000

Mortgage insurance premium: $0

Total Financing: $144,000

Rough closing fee (1.5%): ~ $2,700

Total downpayment with estimated closing fee: $38,700

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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$225$2,700
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-225$-2,700
Net Operating Income (NOI)$-225$-2,700
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).): $257,143