1 Somerset Place
Conception Bay South, NL, A1W4P3
$99,900
About the property (MLS: 1282147):
Residential Corner Lot that offers a view of Conception Bay from your patio. This corner lot is only a minute away from Peace Keepers Way, from there you can be in downtown CBS in a few minutes or be in downtown St. John's in 15 minutes. Water and sewer is currently on-site and will require coordination with the Town of Conception Bay South to connect up. With two potential access points you could park your RV or boat out back or access your garage. This lot is zoned R-2. (id:56688)
Property Details
MLS: 1282147
Listing ID: 27970952
Address: 1 Somerset Place, Conception Bay South, Newfoundland & Labrador, Canada A1W4P3
Status: Active
Last updated: 21 days ago ( Mar 3, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
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: 5
Rurl
Coordinates: [47.525448, -52.933172]
Listing ID: 27970952
Address: 1 Somerset Place, Conception Bay South, Newfoundland & Labrador, Canada A1W4P3
Status: Active
Last updated: 21 days ago ( Mar 3, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
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: 5
Rurl
Coordinates: [47.525448, -52.933172]
Rooms
Basic Calculator
First Mortgage: $79,920
Mortgage insurance premium: $0
Total Financing: $79,920
Rough closing fee (1.5%): ~ $1,499
Total downpayment with estimated closing fee: $21,479
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).): $142,715
