843 A Conception Bay Highway
Conception Bay South, NL, A1X7I7
$49,999
About the property (MLS: 1277721):
This private little parcel of land can be yours! Located next to schools and local businesses this piece of land offers potential to area. There is a right of way that is along side of business (as seen in the pictures) that permits access to plot. This lot is level and ready for you to decide on how you want to utilize this area. A permit would need to be submitted to CBS council for future use. Permits and any fees are responsibility of new buyer. (id:56688)
Property Details
MLS: 1277721
Listing ID: 27460442
Address: 843 A Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X7I7
Status: Active
Last updated: 10 days ago ( Sep 24, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $100
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.495714, -53.022917]
Listing ID: 27460442
Address: 843 A Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X7I7
Status: Active
Last updated: 10 days ago ( Sep 24, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $100
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.495714, -53.022917]
Rooms
Basic Calculator
First Mortgage: $40,000
Mortgage insurance premium: $0
Total Financing: $40,000
Rough closing fee (1.5%): ~ $750
Total downpayment with estimated closing fee: $10,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $63 | $756 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-63 | $-756 |
| Net Operating Income (NOI) | $-63 | $-756 |
| 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).): $71,428
