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TelephoneEmail26 Brougham Drive, Paradise, Newfoundland & Labrador, Canada A1L3Z2

26 Brougham Drive

Paradise, NL, A1L3Z2

location

$125,000

26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
26 Brougham Drive Paradise Newfoundland & Labrador Canada A1L3Z2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276744):

Unique Opportunity! Previous foundation currently in place, this property is ideally located in sought after Elizabeth Park, Paradise. Close to schools, walking trails and amenities this is the perfect chance to build your dream home with potential for a customized 2 apartment investment property, or simply rebuild with the original house plans in this thriving and well established community. Dwelling removed from property approx 2 weeks ago, (foundation has only been exposed for 2 weeks). Any HST, building permits, etc. is the responsibility of the purchaser. Purchaser is to confirm feasibility of of using current foundation to their satisfaction. Listing accompanied by 'Sellers Direction Re: Offers' Form- No offers to be presented until 12:00pm Friday August 30th (id:56688)

Property Details
MLS: 1276744
Listing ID: 27340608
Address: 26 Brougham Drive, Paradise, Newfoundland & Labrador, Canada A1L3Z2
Status: Active
Last updated: 9 days ago ( Aug 28, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $
Tax Annual Amount: $2,567
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: 11
Rurl
Coordinates: [47.540625, -52.831231]

Rooms

Basic Calculator



First Mortgage: $100,000

Mortgage insurance premium: $0

Total Financing: $100,000

Rough closing fee (1.5%): ~ $1,875

Total downpayment with estimated closing fee: $26,875

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$157$1,884
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-157$-1,884
Net Operating Income (NOI)$-157$-1,884
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).): $178,572