About this propertyMLS® 1286055
COVE ROAD, COLLIERS , NL...Colliers is a quiet little Town in the Conception Bay Central area with some spectacular rugged coastlines and exceptional ocean views. This community is located just 15 minutes from the booming hub of Bay Roberts and 30 minutes from Conception Bay South. Immaculate Conception School is an iconic landmark and services this region...Nestled away on Cove Road down in Burke's Cove sits a 1.5 acre waterfront estate with Burke's Cove Peninsula and 938 linear feet of waterfront!! Opportunity of a life time to get this "" One of a Kind"" waterfront property with outstanding unobstructed Ocean Views!! Access is available right to the property's edge and to the end of Cove Road. It's Awesome!! Watch the boats moored in the cove for a day, night or two...from your front deck!!..Imagine, what you could build on this very private waterfront lot with southern exposure! What a great Ocean View from every part of this estate...it's Amazing! This pristine acreage will impress you with the peacefulness and serenity that surrounds this place! The sounds of the ocean splashing against the rugged coastline will "" Sooth your soul"" and created that feeling that we are ""Home""!! This property has been family owned for decades and is now offered to the Market place for the first time!! Come walk this place, Vision what this place could be...You decide, if this is where you want to be..Don't Delay...Call Today!! (id:56688)
Specifications
Property details
Room by room
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The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month · assessment year 2025
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 59 min to downtown St. John's64 km
- 59 min to Memorial University63.3 km
- 64 min to Avalon Mall70 km
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Estimated monthly payment
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
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Monthly cash flow
$-33
NOI / month
$-33
Cap rate
-0.20%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-33 | $-396 |
| NOI | $-33 | $-396 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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