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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | Infinity% | Infinity% |
Cash Flow | $-938 | $-11,256 |
Net Operating Income (NOI) | $-938 | $-11,256 |
Capitalization Rate | -0.13% | -1.50% |