For sale · MLS® 1288256
5-7 Parsons Place
Foxtrap, NL, A1X7B9
List price
$75,000
About this propertyMLS® 1288256
, Attention Contractors & Builders! Excellent development opportunity in a great neighbourhood. This property offers a fantastic location to build multiple homes, situated just minutes from quick highway access. Water and sewer connection required. Additional adjacent lots are also available on the same street (MLS# 1288221 & 1287884)—ideal for a larger residential development project or a multi-phase build. (id:56688)
Property details
MLS®1288256
Listing ID28642266
Address5-7 Parsons Place, Foxtrap, Newfoundland & Labrador, Canada A1X7B9
StatusActive
Last updated11 days ago ( Oct 19, 2026 )
Property TypeVacant Land
Ownership TypeFreehold
SewerNo sewage system
Tax Annual Amount$235
Tax Year2025
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceNone
Common InterestFreehold
Number of photos available2
RurlCoordinates: [47.499464, -52.99094]
Rooms
Basic Calculator
First Mortgage: $60,000
Mortgage insurance premium: $0
Total Financing: $60,000
Rough closing fee (1.5%): ~ $1,125
Total downpayment with estimated closing fee: $16,125
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).): $107,143
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