Lot 4 Cook's Lane
St. John's, NL, A1A5C6
$90,000
About the property (MLS: 1289799):
This lot is larger than most average city lots by about 50% at about 7900 sq ft. It is adjacent to the rear of a large parcel of land listed on Marconi Place which would likely allow development of a sub-division with this lot included. This lot could allow a second entrance for the parcel of land on Marconi Place. This would certainly be attractive to developers. Of course it could be used as a building lot upon application to the City. It is a flat lot on a quiet side street. (id:56688)
Property Details
MLS: 1289799
Listing ID: 28786884
Address: Lot 4 Cook's Lane, St. John's, Newfoundland & Labrador, Canada A1A5C6
Status: Active
Last updated: 5 months ago ( Aug 28, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Tax Annual Amount: $1,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Unknown
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.606457, -52.692602]
Listing ID: 28786884
Address: Lot 4 Cook's Lane, St. John's, Newfoundland & Labrador, Canada A1A5C6
Status: Active
Last updated: 5 months ago ( Aug 28, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Tax Annual Amount: $1,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Unknown
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.606457, -52.692602]
Rooms
Basic Calculator
First Mortgage: $72,000
Mortgage insurance premium: $0
Total Financing: $72,000
Rough closing fee (1.5%): ~ $1,350
Total downpayment with estimated closing fee: $19,350
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).): $128,572
