3-11 Cross Meadow Road
Conception Bay South, NL, A1W4Y4
$299,900
About the property (MLS: 1275866):
Great opportunity for up to 11 lot Subdivision in Beautiful Conception Bay South. Just off Anchorage Road. Town services are just adjacent to the next lot (id:56688)
Property Details
MLS: 1275866
Listing ID: 27255750
Address: 3-11 Cross Meadow Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4Y4
Status: Active
Last updated: 4 months ago ( Aug 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Price per sq ft: $∞
Tax Annual Amount: $1,800
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.49786, -52.956778]
Listing ID: 27255750
Address: 3-11 Cross Meadow Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4Y4
Status: Active
Last updated: 4 months ago ( Aug 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Price per sq ft: $∞
Tax Annual Amount: $1,800
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.49786, -52.956778]
Rooms
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-375 | $-4,500 |
| Net Operating Income (NOI) | $-375 | $-4,500 |
| 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).): $428,429
