4-6 Mary Joe's Lane
Paradise, NL, A1L2E1
$799,900
About the property (MLS: 1283790):
An incredible chance to create a multi-unit residential project, or build your dream home in one of the area’s most desirable locations—featuring scenic views of Octagon Pond. This ideally situated parcel offers close proximity to shopping centers, arenas, walking trails, fitness facilities, and grocery stores. The possibilities are endless with this rare find! (id:56688)
Property Details
MLS: 1283790
Listing ID: 28170603
Address: 4-6 Mary Joe's Lane, Paradise, Newfoundland & Labrador, Canada A1L2E1
Status: Active
Last updated: a month ago ( Apr 15, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $3,763
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: 2
Rurl
Coordinates: [47.52854, -52.874153]
Listing ID: 28170603
Address: 4-6 Mary Joe's Lane, Paradise, Newfoundland & Labrador, Canada A1L2E1
Status: Active
Last updated: a month ago ( Apr 15, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $3,763
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: 2
Rurl
Coordinates: [47.52854, -52.874153]
Rooms
Basic Calculator
First Mortgage: $639,920
Mortgage insurance premium: $0
Total Financing: $639,920
Rough closing fee (1.5%): ~ $11,999
Total downpayment with estimated closing fee: $171,979
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).): $1,142,715
