577 Torbay Road
St. Johns, NL, A1A5G9
$289,900
About the property (MLS: 1273688):
Prime commercial building lot in high traffic area of Torbay Road. Property is in the ideal location and is ready to build or expand your business ambitions. Close to all major amenities of Stavanger Drive and the TCH. Easy access to town services. Call today! (id:56688)
Property Details
MLS: 1273688
Listing ID: 27069378
Address: 577 Torbay Road, St. Johns, Newfoundland & Labrador, Canada A1A5G9
Status: Active
Last updated: 7 months ago ( Jun 21, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $732
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: 1
Rurl
Coordinates: [47.613178, -52.723147]
Listing ID: 27069378
Address: 577 Torbay Road, St. Johns, Newfoundland & Labrador, Canada A1A5G9
Status: Active
Last updated: 7 months ago ( Jun 21, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $732
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: 1
Rurl
Coordinates: [47.613178, -52.723147]
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 | $0 | $0 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
Capitalization Rate: 0.00%
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).): $414,143
