About the property (MLS: 1276222):
Rare opportunity to build in a mature neighbourhood on a square, treed and partially fenced lot. Vendor thinks services are into the lot but purchaser should verify with the city. Any HST and approvals are the responsibility of the purchaser. (id:56688)
Property Details
MLS: 1276222
Listing ID: 27293834
Address: 36 Mountainview Drive, Goulds, Newfoundland & Labrador, Canada A1S1C9
Status: Active
Last updated: 24 days ago ( Sep 11, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $875
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: 5
Rurl
Coordinates: [47.450982, -52.778083]
Listing ID: 27293834
Address: 36 Mountainview Drive, Goulds, Newfoundland & Labrador, Canada A1S1C9
Status: Active
Last updated: 24 days ago ( Sep 11, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $875
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: 5
Rurl
Coordinates: [47.450982, -52.778083]
Rooms
Basic Calculator
First Mortgage: $103,920
Mortgage insurance premium: $0
Total Financing: $103,920
Rough closing fee (1.5%): ~ $1,949
Total downpayment with estimated closing fee: $27,929
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $163 | $1,956 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-163 | $-1,956 |
Net Operating Income (NOI) | $-163 | $-1,956 |
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).): $185,572