114 Scott's Road S
Conception Bay South, NL, A1X6L9
$69,900
About the property (MLS: 1274702):
A beautiful lot in the heart of Upper Gullies to build your dream home! Approval in principle by the town of CBS. Purchaser is responsible for all hook ups, fees, and development fees. (id:56688)
Property Details
MLS: 1274702
Listing ID: 27150406
Address: 114 Scott's Road S, Conception Bay South, Newfoundland & Labrador, Canada A1X6L9
Status: Active
Last updated: 5 months ago ( Jul 10, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $500
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: 3
Rurl
Coordinates: [47.476856, -53.035025]
Listing ID: 27150406
Address: 114 Scott's Road S, Conception Bay South, Newfoundland & Labrador, Canada A1X6L9
Status: Active
Last updated: 5 months ago ( Jul 10, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $500
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: 3
Rurl
Coordinates: [47.476856, -53.035025]
Rooms
Basic Calculator
First Mortgage: $55,920
Mortgage insurance premium: $0
Total Financing: $55,920
Rough closing fee (1.5%): ~ $1,049
Total downpayment with estimated closing fee: $15,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $88 | $1,056 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-88 | $-1,056 |
| Net Operating Income (NOI) | $-88 | $-1,056 |
| 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).): $99,858
