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TelephoneEmail123 Cherry Lane, Manuels, Newfoundland & Labrador, Canada A1W3B5

123 Cherry Lane

Manuels, NL, A1W3B5

location

$134,900

123 Cherry Lane Manuels Newfoundland & Labrador Canada A1W3B5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
123 Cherry Lane Manuels Newfoundland & Labrador Canada A1W3B5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
123 Cherry Lane Manuels Newfoundland & Labrador Canada A1W3B5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
123 Cherry Lane Manuels Newfoundland & Labrador Canada A1W3B5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
123 Cherry Lane Manuels Newfoundland & Labrador Canada A1W3B5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277428):

Here we have a fairly level building lot in sought after mature area of Cherry Lane within a couple minutes walk to the ocean and a few minutes walk from Manuel's River trail way. Cherry Lane is close to all amenities such as shopping, dining, recreation, highways to take you to St. John's, Galway and surrounding area in less than 10 minutes. This lot has to be seen to be appreciated. All plans and costs related to design and development would be the responsibility of the buyer and subject to approval by the Town of Conception Bay South. Any HST applicable to be the responsibility of the buyer. There is a new survey in docs or can be requested. (id:56688)

Property Details
MLS: 1277428
Listing ID: 27410362
Address: 123 Cherry Lane, Manuels, Newfoundland & Labrador, Canada A1W3B5
Status: Active
Last updated: 21 days ago ( Sep 13, 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: 5
Rurl
Coordinates: [47.528737, -52.957315]

Rooms

Basic Calculator



First Mortgage: $107,920

Mortgage insurance premium: $0

Total Financing: $107,920

Rough closing fee (1.5%): ~ $2,024

Total downpayment with estimated closing fee: $29,004

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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$169$2,028
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-169$-2,028
Net Operating Income (NOI)$-169$-2,028
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).): $192,715