About the property (MLS: 1275509):
If you have been wanting to find a beautiful and massive lot to build your dream home in CBS then you will want to take a look at this parcel of land. Located on a quiet street, this 1.63 acre parcel of land is the perfect place to build your future home!! You will have tons of privacy and it is still so close to all the amenities of grocery stores, gyms and schools! This is a rare find and won't last long! (id:56688)
Property Details
MLS: 1275509
Listing ID: 27230610
Address: 25-33 Cross Meadow, Conception Bay South, Newfoundland & Labrador, Canada A1W4Y4
Status: Active
Last updated: a month ago ( Aug 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $862
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 9
Rurl
Coordinates: [47.497211, -52.955758]
Listing ID: 27230610
Address: 25-33 Cross Meadow, Conception Bay South, Newfoundland & Labrador, Canada A1W4Y4
Status: Active
Last updated: a month ago ( Aug 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $862
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 9
Rurl
Coordinates: [47.497211, -52.955758]
Rooms
Basic Calculator
First Mortgage: $95,920
Mortgage insurance premium: $0
Total Financing: $95,920
Rough closing fee (1.5%): ~ $1,799
Total downpayment with estimated closing fee: $25,779
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $150 | $1,800 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-150 | $-1,800 |
Net Operating Income (NOI) | $-150 | $-1,800 |
Capitalization Rate | -0.13% | -1.50% |
Capitalization Rate: -1.50%
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).): $171,286