2 Stapletons Road
Paradise, NL, A1L3T7
$289,900
About the property (MLS: 1273149):
Private treed acreage or subdivision opportunity accessed by a 50-foot road reserve on Stapletons Road. This parcel will allow for an estimated 20-plus homes on a cul-de-sac or can connect to other parcels and tie into Island View Estates via Atlantica Drive and or Legend Drive. It’s also a great oasis for your private dream home or homestead. This parcel is priced right. Ask for the survey. Available immediately. Exceptional homes and huge demand in this area as evidenced by the surrounding success in Country Gardens, Oceans Edge Estates, and Island View Estates. Stapletons Road is right off St. Thomas Line and there are incredible ocean views there. Any additional costs and permits etc. are at the buyer's expense. (id:56688)
Property Details
Listing ID: 26993737
Address: 2 Stapletons Road, Paradise, Newfoundland & Labrador, Canada A1L3T7
Status: Active
Last updated: 6 months ago ( Jun 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: Ocean view, View
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Tax Year: 2024
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: 11
Rurl
Coordinates: [47.576694, -52.897772]
Rooms
Basic Calculator
First Mortgage: $231,920
Mortgage insurance premium: $0
Total Financing: $231,920
Rough closing fee (1.5%): ~ $4,349
Total downpayment with estimated closing fee: $62,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $363 | $4,356 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-363 | $-4,356 |
| Net Operating Income (NOI) | $-363 | $-4,356 |
| Capitalization Rate | -0.13% | -1.50% |
