For sale · MLS® 1292757
162-218 Red Head Road
Flatrock, NL, A1K1C8
List price
$1,490,000
About this propertyMLS® 1292757
This is prime development land that would likely garner in excess of 80 half acre building lots. It has the ideal situation where residents could enjpy country living on a half acre lot while still only a 10 minute drive to the Stavangar Drive area. The location is ideal as the land sits adjacent to the Flatrock Recreational Centre which has a bundle of available activities. The East Coast Walking Trail which is nearby also provides hiking, a natrual environment, fabulous photo opportunities, and exposure to nature's best. The land is mainly flat so specialized grading may not be an issue. This truly is a fabulous parcel of land that is bound to render excitement and interest from prospective home owners. (id:56688)
Specifications
Property details
Room by room
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The neighbourhood
Flatrock at a glance
Live market stats for Flatrock — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
23
Median list price
$250k
Price range
$50k – $1.5M
Typical build
2021
Average size
3,062 sqft
Where Flatrock listings are priced
Every active list price in Flatrock, grouped into bands.
List price, thousands of $ · 21 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 8 |
| 200–300 | 3 |
| 300–400 | 2 |
| 400–500 | 1 |
| 500–750 | 5 |
| 750–1M | 1 |
| 1M+ | 1 |
How Flatrock compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
84 m above sea level
Air quality now
AQHI 1.88 · Low risk
St. John's station · updated 3:00 a.m.
Property tax
$940 / year
≈ $78 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
2 places shown · 3 routes · OpenStreetMap · OSRM
- 29 min to downtown St. John's23.1 km
- 25 min to Memorial University19.6 km
- 26 min to Avalon Mall21.2 km
Schools 2
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$79/mo
Principal & interest $0 + property tax $79 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-78
NOI / month
$-78
Cap rate
-0.06%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $79 | $940 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-78 | $-936 |
| NOI | $-78 | $-936 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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