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TelephoneEmail. Cochrane Pond Road, St. John's, Newfoundland & Labrador, Canada A1H0H1

. Cochrane Pond Road

St. John's, NL, A1H0H1

location

$60,000

. Cochrane Pond Road St. John's Newfoundland & Labrador Canada A1H0H1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278111):

For sale: 10 acres of scenic land on Cochrane Pond Road, offering endless possibilities for those looking to create their dream rural retreat. This versatile property is perfect for raising horses, starting a farm, or building a custom home surrounded by nature. With its expansive open space, the land provides ample opportunity for agricultural use, livestock, or simply enjoying the peace and tranquillity of the countryside. Despite its serene setting, it remains conveniently close to local amenities, making it an ideal blend of rural living with easy access to modern conveniences. Don't miss this rare opportunity to own a prime piece of land with so much potential. (id:56688)

Property Details
MLS: 1278111
Listing ID: 27516430
Address: . Cochrane Pond Road, St. John's, Newfoundland & Labrador, Canada A1H0H1
Status: Active
Last updated: 22 days ago ( Oct 11, 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: 1
Rurl
Coordinates: [47.474484, -52.81469]

Rooms

Basic Calculator



First Mortgage: $48,000

Mortgage insurance premium: $0

Total Financing: $48,000

Rough closing fee (1.5%): ~ $900

Total downpayment with estimated closing fee: $12,900

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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$75$900
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-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).): $85,715