Lot 7 Winter Brook OTHER
Winter Brook, NL, A1A1A1
$109,900
About the property (MLS: 1273917):
UNIQUE OPPORTUNITY! Beautiful OCEAN FRONT LOT, complete with travel trailer, storage shed, and electrical service!! Approximately 0.7 acres with 142 foot frontage right on the ocean! Private lot, amazing getaway location, ideal for fishing, swimming, boating, etc.! (id:56688)
Property Details
MLS: 1273917
Listing ID: 27074350
Address: Lot 7 Winter Brook OTHER, Winter Brook, Newfoundland & Labrador, Canada A1A1A1
Status: Active
Last updated: 3 months ago ( Jun 21, 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: Dug Well
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [48.422161, -53.744581]
Listing ID: 27074350
Address: Lot 7 Winter Brook OTHER, Winter Brook, Newfoundland & Labrador, Canada A1A1A1
Status: Active
Last updated: 3 months ago ( Jun 21, 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: Dug Well
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [48.422161, -53.744581]
Rooms
Basic Calculator
First Mortgage: $87,920
Mortgage insurance premium: $0
Total Financing: $87,920
Rough closing fee (1.5%): ~ $1,649
Total downpayment with estimated closing fee: $23,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $138 | $1,656 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-138 | $-1,656 |
| Net Operating Income (NOI) | $-138 | $-1,656 |
| 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).): $157,000
