Lot 31 Prison Camp Road
Tommy Penney 7th Pond, Salmonier Line, NL, A1A1A1
$69,000
About the property (MLS: 1273892):
UNIQUE OPPORTUNITY!! Perfect for the outdoor enthusiasts, cleared 1 Acre lot on the water, 100ft frontage and only 45 minutes drive from St. John’s! Great opportunity to build your dream cottage and an ideal location for hunting and fishing. Don't miss out! *Location: Tommy Penney 7th Pond off Prison Camp Road , Salmonier Line. (id:56688)
Property Details
MLS: 1273892
Listing ID: 27070542
Address: Lot 31 Prison Camp Road, Tommy Penney 7th Pond, Salmonier Line, Newfoundland & Labrador, Canada A1A1A1
Status: Active
Last updated: 3 months ago ( Jun 20, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No 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: None
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.073856, -53.465537]
Listing ID: 27070542
Address: Lot 31 Prison Camp Road, Tommy Penney 7th Pond, Salmonier Line, Newfoundland & Labrador, Canada A1A1A1
Status: Active
Last updated: 3 months ago ( Jun 20, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No 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: None
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.073856, -53.465537]
Rooms
Basic Calculator
First Mortgage: $55,200
Mortgage insurance premium: $0
Total Financing: $55,200
Rough closing fee (1.5%): ~ $1,035
Total downpayment with estimated closing fee: $14,835
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $87 | $1,044 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-87 | $-1,044 |
| Net Operating Income (NOI) | $-87 | $-1,044 |
| 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).): $98,572
