2609 Topsail Road
Conception Bay South, NL, A1W5S9
$105,000
About the property (MLS: 1273355):
Vacant lot for sale across the street from Chamberlains Park - that has a gorgeous flat walking trail. Zoned R3 residential mix. Build your dream home here where you can see the ocean and watch those amazing sunsets! This lot has many birch and maple trees and would make for a sweet oasis in beautiful and sunny CBS. Close to many amenities, schools, the ocean, Worsley Park and many other amenities. Any and all fees, permits, HST, etc... would be the responsibility of the Purchaser. (id:56688)
Property Details
MLS: 1273355
Listing ID: 27017295
Address: 2609 Topsail Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5S9
Status: Active
Last updated: a month ago ( Sep 3, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $560
Tax Year: 2023
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: [47.529587, -52.943044]
Listing ID: 27017295
Address: 2609 Topsail Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5S9
Status: Active
Last updated: a month ago ( Sep 3, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $560
Tax Year: 2023
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: [47.529587, -52.943044]
Rooms
Basic Calculator
First Mortgage: $84,000
Mortgage insurance premium: $0
Total Financing: $84,000
Rough closing fee (1.5%): ~ $1,575
Total downpayment with estimated closing fee: $22,575
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $132 | $1,584 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-132 | $-1,584 |
| Net Operating Income (NOI) | $-132 | $-1,584 |
| Capitalization Rate | -0.13% | -1.51% |
Capitalization Rate: -1.51%
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).): $150,000
