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TelephoneEmail0 Gateway Drive, CBS, Newfoundland & Labrador, Canada A1X6J6

0 Gateway Drive

CBS, NL, A1X6J6

location

$249,900

0 Gateway Drive CBS Newfoundland & Labrador Canada A1X6J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
0 Gateway Drive CBS Newfoundland & Labrador Canada A1X6J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
0 Gateway Drive CBS Newfoundland & Labrador Canada A1X6J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
0 Gateway Drive CBS Newfoundland & Labrador Canada A1X6J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
0 Gateway Drive CBS Newfoundland & Labrador Canada A1X6J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
0 Gateway Drive CBS Newfoundland & Labrador Canada A1X6J6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276795):

ncredible opportunity to own this prime piece of Real Estate in the rapidly developing Town of Conception Bay South. This 12 Acre parcel is situated adjacent to a Commercial development with 3 acres on the river that is zoned open space and approximately 9 acres that is zoned Regional Center, which encourages flexible usage. Quick highway access in this high traffic zone with trails nearby awards this parcel with an array of potential. Permits and any HST, if applicable, are the responsibility of the purchaser. Directions:West of Kent Building Supply on Gateway Drive in Kelligrews. Top of Legion Road, turn right onto Gateway Drive along side Kent. Pass pavement to end on dirt access - (id:56688)

Property Details
MLS: 1276795
Listing ID: 27344824
Address: 0 Gateway Drive, CBS, Newfoundland & Labrador, Canada A1X6J6
Status: Active
Last updated: 13 days ago ( Aug 30, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 6
Rurl
Coordinates: [47.480814, -53.026246]

Rooms

Basic Calculator



First Mortgage: $199,920

Mortgage insurance premium: $0

Total Financing: $199,920

Rough closing fee (1.5%): ~ $3,749

Total downpayment with estimated closing fee: $53,729

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$313$3,756
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-313$-3,756
Net Operating Income (NOI)$-313$-3,756
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).): $357,000