122-124 St. Thomas Line
Paradise, NL, A1L2R1
$225,000
About the property (MLS: 1280219):
6 oversized building lots across from the Holy Family Elementary for sale. With these lots being across from one of the best schools in Paradise, most lots being 60ft by 135ft allowing for drive-in access and backing onto permanent greenbelt, you can easily build one and sell the other five in no time. Zoned for residential low density with town approval in place. Municipal water and sewer on street. At $225k for 6 lots, it is priced to sell as a whole parcel only. See documents for the survey. (id:56688)
Property Details
MLS: 1280219
Listing ID: 27719569
Address: 122-124 St. Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L2R1
Status: Active
Last updated: a month ago ( Dec 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
Tax Year: 2024
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: [47.538958, -52.896345]
Listing ID: 27719569
Address: 122-124 St. Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L2R1
Status: Active
Last updated: a month ago ( Dec 6, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $0
Tax Year: 2024
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: [47.538958, -52.896345]
Rooms
Basic Calculator
First Mortgage: $180,000
Mortgage insurance premium: $0
Total Financing: $180,000
Rough closing fee (1.5%): ~ $3,375
Total downpayment with estimated closing fee: $48,375
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).): $321,429
