203-207 Maddox Cove Road
Maddox Cove / Petty Harbour, NL, A1S1L1
$49,000
About the property (MLS: 1282324):
Building lot available in sought after Maddox Cove, country living, but minutes from the historic city of St. John's. Beautiful view of the valley. The town water runs along the road with possibilities of sewer from behind the house, but septic would be more feasible. Also minutes from the picturesque community of Petty Hr. Why build anywhere else? Make 203-207 Maddox Cove Rd home! All permits, and development cost are the responsibility of the purchaser. (id:56688)
Property Details
MLS: 1282324
Listing ID: 27994135
Address: 203-207 Maddox Cove Road, Maddox Cove / Petty Harbour, Newfoundland & Labrador, Canada A1S1L1
Status: Active
Last updated: 16 days ago ( Mar 7, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
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: 1
Rurl
Coordinates: [47.483237, -52.704148]
Listing ID: 27994135
Address: 203-207 Maddox Cove Road, Maddox Cove / Petty Harbour, Newfoundland & Labrador, Canada A1S1L1
Status: Active
Last updated: 16 days ago ( Mar 7, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
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: 1
Rurl
Coordinates: [47.483237, -52.704148]
Rooms
Basic Calculator
First Mortgage: $39,200
Mortgage insurance premium: $0
Total Financing: $39,200
Rough closing fee (1.5%): ~ $735
Total downpayment with estimated closing fee: $10,535
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).): $70,000
