About the property (MLS: 1276445):
Great opportunity to purchase this level 9,483 sq/ft corner lot located in Seal Cove offering a blank canvas to build your dream home. The purchaser is responsible for obtaining all necessary building permits and fees, as well as connecting water and sewer services to the property. Don’t miss out! (id:56688)
Property Details
MLS: 1276445
Listing ID: 27315158
Address: 6 Daniels Crescent, Conception Bay South, Newfoundland & Labrador, Canada A1X6N3
Status: Active
Last updated: 17 days ago ( Aug 21, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $456
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.443392, -53.070168]
Listing ID: 27315158
Address: 6 Daniels Crescent, Conception Bay South, Newfoundland & Labrador, Canada A1X6N3
Status: Active
Last updated: 17 days ago ( Aug 21, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $456
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.443392, -53.070168]
Rooms
Basic Calculator
First Mortgage: $47,920
Mortgage insurance premium: $0
Total Financing: $47,920
Rough closing fee (1.5%): ~ $899
Total downpayment with estimated closing fee: $12,879
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $75 | $900 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-75 | $-900 |
Net Operating Income (NOI) | $-75 | $-900 |
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).): $85,572