26-30 Doris Place
Conception Bay South, NL, A1W4Y9
$75,500
About the property (MLS: 1279564):
ATTENTON DEVELOPERS! Two building lots for sale in Conception Bay South with approvals in place for two residential duplexes on a future cul de sac. Located on a quiet street down by the ocean, this land is undeveloped and awaits a developer's finishing touches. Water and sewer can be brought in from the end of the road. Survey and approvals available. Purchaser responsible for HST if applicable. (id:56688)
Property Details
MLS: 1279564
Listing ID: 27654904
Address: 26-30 Doris Place, Conception Bay South, Newfoundland & Labrador, Canada A1W4Y9
Status: Active
Last updated: a month ago ( Nov 15, 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: 2
Rurl
Coordinates: [47.51648, -52.968006]
Listing ID: 27654904
Address: 26-30 Doris Place, Conception Bay South, Newfoundland & Labrador, Canada A1W4Y9
Status: Active
Last updated: a month ago ( Nov 15, 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: 2
Rurl
Coordinates: [47.51648, -52.968006]
Rooms
Basic Calculator
First Mortgage: $60,400
Mortgage insurance premium: $0
Total Financing: $60,400
Rough closing fee (1.5%): ~ $1,133
Total downpayment with estimated closing fee: $16,233
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $95 | $1,140 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-95 | $-1,140 |
| Net Operating Income (NOI) | $-95 | $-1,140 |
| Capitalization Rate | -0.13% | -1.51% |
Capitalization Rate: -1.51%
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).): $107,858
