13 Reddley Place
Conception Bay South, NL, A1W5P3
$215,000
About the property (MLS: 1275598):
Located in the heart of Topsail Conception Bay South is the newest subdivision with the most amazing views of Conception Bay, all year sunsets and forever green green belts. Lot sale is subject to HST. This is a approved R1 zoned building lot. (id:56688)
Property Details
MLS: 1275598
Listing ID: 27245790
Address: 13 Reddley Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: a month ago ( Aug 2, 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: 1
Rurl
Coordinates: [47.528458, -52.932504]
Listing ID: 27245790
Address: 13 Reddley Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: a month ago ( Aug 2, 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: 1
Rurl
Coordinates: [47.528458, -52.932504]
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
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| 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 Ratio | Infinity% | 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
