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TelephoneEmail5 Reddley Place, Topsail, Newfoundland & Labrador, Canada A1W5N9

5 Reddley Place

Topsail, NL, A1W5N9

location

$215,000

5 Reddley Place Topsail Newfoundland & Labrador Canada A1W5N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Reddley Place Topsail Newfoundland & Labrador Canada A1W5N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1275522):

Welcome to 5 Reddley Place, a premier building lot in the heart of Topsail, Conception Bay South. This exclusive subdivision has lots that offers stunning views of Conception Bay, breathtaking sunsets year-round and forever green belts for added privacy. All the lots are zoned R1. Ideal for constructing your custom single-family home. The lots will easily allow drive by access to the rear for an auxiliary building. Underground electrical & communication ensures unobstructed views and a clean, aesthetic environment. Close to schools, shopping centers, and recreational facilities, with easy access to St. John’s. A welcoming neighbourhood with a rich history and vibrant cultural scene. A valuable investment in a growing and desirable area. Don’t miss the opportunity to build your dream home at 5 Reddley Place. Contact us today for more information. (id:56688)

Property Details
MLS: 1275522
Listing ID: 27235133
Address: 5 Reddley Place, Topsail, Newfoundland & Labrador, Canada A1W5N9
Status: Active
Last updated: 4 months ago ( Aug 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal 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: Municipal water
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.529091, -52.931376]

Rooms

Basic Calculator



First Mortgage: $172,000

Mortgage insurance premium: $0

Total Financing: $172,000

Rough closing fee (1.5%): ~ $3,225

Total downpayment with estimated closing fee: $46,225

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$269$3,228
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-269$-3,228
Net Operating Income (NOI)$-269$-3,228
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).): $307,143