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
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
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| 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 Ratio | Infinity% | Infinity% |
| Cash Flow | $-225 | $-2,700 |
| Net Operating Income (NOI) | $-225 | $-2,700 |
| Capitalization Rate | -0.13% | -1.50% |






