17 Cochrane Pond Road
Goulds, NL, A1S0B3
0 Bed | 0 Bath
$299,000
About the property (MLS: 1287180):
House is a shell only. Water and sewer have never been connected. Very large garage on property. Lot is approx 1/2 acre. Real opportunity here as the potential is endless. (id:56688)
Property Details
MLS: 1287180
Listing ID: 28538198
Address: 17 Cochrane Pond Road, Goulds, Newfoundland & Labrador, Canada A1S0B3
Status: Active
Last updated: 10 days ago ( Jun 30, 2025 )
Year Built: 2010
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1.5
Number of Levels: 1.5
Beds: 0
Baths: 0
1/2 Baths: 0
Heating: Other
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,900 square feet
Price per sq ft: $158
Tax Annual Amount: $1,210
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Well
Foundation Details: Concrete
Heating: Other
Flooring: Other
Exterior Features: Log
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.477056, -52.787384]
Listing ID: 28538198
Address: 17 Cochrane Pond Road, Goulds, Newfoundland & Labrador, Canada A1S0B3
Status: Active
Last updated: 10 days ago ( Jun 30, 2025 )
Year Built: 2010
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1.5
Number of Levels: 1.5
Beds: 0
Baths: 0
1/2 Baths: 0
Heating: Other
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,900 square feet
Price per sq ft: $158
Tax Annual Amount: $1,210
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Well
Foundation Details: Concrete
Heating: Other
Flooring: Other
Exterior Features: Log
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.477056, -52.787384]
Rooms
| Main level | Living room | 30x39 null |
Basic Calculator
First Mortgage: $239,200
Mortgage insurance premium: $0
Total Financing: $239,200
Rough closing fee (1.5%): ~ $4,485
Total downpayment with estimated closing fee: $64,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,090 | $25,080 |
| Gross rental income (income/principal ratio) | 0.699% | 8.388% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $374 | $4,488 |
| Vacancy | $105 | $1,254 |
| Management Fee | $168 | $2,007 |
| Expense / Income Ratio | 17.89% | 17.89% |
| Cash Flow | $1,445 | $17,340 |
| Net Operating Income (NOI) | $1,445 | $17,340 |
| Capitalization Rate | 0.48% | 5.80% |
Capitalization Rate: 5.80%
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).): $427,143
