About this propertyMLS® 1296367
Attention Investors and Developers, this 23 Acres of prime land is located in the scenic community of Flatrock. This property would make a great development for new homes. This parcel of property consist of 3 parcels. Parcel 1 is approximately 17 acres of grassy field, Parcel 3 is just over 1 acre with a small home on it. Parcel 4 is a wooded area at the end of parcel 1. All three parcels together equals 23 acres. There is lots of new subdivisions and developments in the area. Be the first to call this development yours. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
96 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,082 / year
≈ $90 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
1 place shown · 3 routes · OpenStreetMap · OSRM
- 26 min to downtown St. John's21 km
- 22 min to Memorial University17.5 km
- 23 min to Avalon Mall19.1 km
Groceries 1
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
$91/mo
Principal & interest $0 + property tax $91 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-90
NOI / month
$-90
Cap rate
-0.16%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $91 | $1,082 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-90 | $-1,080 |
| NOI | $-90 | $-1,080 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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