About the property (MLS: 1278352):
4.85 Acres of land located at 1964-1968 Topsail Road, Paradise. This large parcel of land is currently zoned RMD and could be used as a residential development. The land is just minutes to beautiful topsail beach. If your are looking for a development opportunity, look no further. (id:56688)
Property Details
MLS: 1278352
Listing ID: 27517441
Address: 1964-1968 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L3W3
Status: Active
Last updated: 9 days ago ( Jan 10, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
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: 1
Rurl
Coordinates: [47.531675, -52.908562]
Listing ID: 27517441
Address: 1964-1968 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L3W3
Status: Active
Last updated: 9 days ago ( Jan 10, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
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: 1
Rurl
Coordinates: [47.531675, -52.908562]
Rooms
Basic Calculator
First Mortgage: $543,200
Mortgage insurance premium: $0
Total Financing: $543,200
Rough closing fee (1.5%): ~ $10,185
Total downpayment with estimated closing fee: $145,985
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $0 | $0 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | NaN% | NaN% |
Cash Flow | $0 | $0 |
Net Operating Income (NOI) | $0 | $0 |
Capitalization Rate | 0.00% | 0.00% |
Capitalization Rate: 0.00%
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).): $970,000