2353 Topsail Road
CBS, NL, A1W2G8
$129,900
About the property (MLS: 1276312):
Build your Dream Home in Sunny CBS on this private park like building lot located walking distance to Topsail Beach! There is plenty room for a dream garage or swimming pool and there are lots of mature trees! This lot has municipal water & sewer services available as well as NL Power connection. From this location in CBS you are minutes to everything CBS has to offer. You are also only minutes to Mount Pearl, Paradise, Costco and the Shoppes of Galway. Purchaser is responsible for all permits and HST. (id:56688)
Property Details
MLS: 1276312
Listing ID: 27305866
Address: 2353 Topsail Road, CBS, Newfoundland & Labrador, Canada A1W2G8
Status: Active
Last updated: 15 days ago ( Aug 22, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $737
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: 15
Rurl
Coordinates: [47.538831, -52.927526]
Listing ID: 27305866
Address: 2353 Topsail Road, CBS, Newfoundland & Labrador, Canada A1W2G8
Status: Active
Last updated: 15 days ago ( Aug 22, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $737
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: 15
Rurl
Coordinates: [47.538831, -52.927526]
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
