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TelephoneEmail23a Ballast Road, St John's, Newfoundland & Labrador, Canada A1A1G7

23a Ballast Road

St John's, NL, A1A1G7

location

$95,000

23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
23a Ballast Road St John's Newfoundland & Labrador Canada A1A1G7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279337):

Vendor is willing to do a Vendor Take Back Mortgage and potential for other lots. This large building lot located in the Quidi Vidi Village area will give you an amazing views over the lake and gut. Will take some work to get the access however the City of St John's is willing to work with the individual. Sitting high on the ridge, you will be amazed how far you can see. Survey available. A new survey will be completed and is available upon request. There is a possibility to join with another land ownwer for more homes on large lots. Seller is motivated and is offering a vendor take back mortgage to qualified purchasers. (id:56688)

Property Details
MLS: 1279337
Listing ID: 27616894
Address: 23a Ballast Road, St John's, Newfoundland & Labrador, Canada A1A1G7
Status: Active
Last updated: a month ago ( Nov 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: No sewage system
Price per sq ft: $
Tax Annual Amount: $63
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.578649, -52.680817]

Rooms

Basic Calculator



First Mortgage: $76,000

Mortgage insurance premium: $0

Total Financing: $76,000

Rough closing fee (1.5%): ~ $1,425

Total downpayment with estimated closing fee: $20,425

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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$119$1,428
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-119$-1,428
Net Operating Income (NOI)$-119$-1,428
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).): $135,715