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TelephoneEmail221 Peachytown Road, Coneption Bay South, Newfoundland & Labrador, Canada A1X7C6

221 Peachytown Road

Coneption Bay South, NL, A1X7C6

location

$750,000

221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
221 Peachytown Road Coneption Bay South Newfoundland & Labrador Canada A1X7C6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278478):

This is the next prime land for that perfect development In Conception Bay South. It is perfectly located in center of the town and less than 60 seconds from the CBS By-Pass and TCH Highway access. You will not find a large parcel of developable land in the Town of CBS. This property has the potential to be developed into to at least 42 lots and turned into to a beautiful family neighborhood. It is we treed and great ground to build on. The reengineering designs have been done and preliminary discussions about the property have been had with the town. It is ready for the right developer to come and take it across the finish line. Purchaser is responsible for all permit and development fees. (id:56688)

Property Details
MLS: 1278478
Listing ID: 27581963
Address: 221 Peachytown Road, Coneption Bay South, Newfoundland & Labrador, Canada A1X7C6
Status: Active
Last updated: 8 days ago ( Oct 25, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: Ocean view
Sewer: Municipal 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: Municipal water
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.491972, -52.988822]

Rooms

Basic Calculator



First Mortgage: $600,000

Mortgage insurance premium: $0

Total Financing: $600,000

Rough closing fee (1.5%): ~ $11,250

Total downpayment with estimated closing fee: $161,250

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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$938$11,256
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-938$-11,256
Net Operating Income (NOI)$-938$-11,256
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).): $1,071,429