For sale · MLS® 1297596
44B KIPPENS Road
KIPPENS, NL, A2N1A7
List price
$600,000
About this propertyMLS® 1297596
Approximately 37 Acres of land located in Kippens, just minutes outside of Stephenville. Great location for a new subdivision to be developed 100 feet frontage off the main road allows plenty for road to be developed to access remaining app: 3300 feet deep and widens out over 415 feet enough to put at least 60 building lots in a prime location with the shortage or land available what a great opportunity for the spring. Owners are willing to sell if you are only interested in half or reasonable amounts of land... (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
26 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$196 / year
≈ $16 / month
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
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
$17/mo
Principal & interest $0 + property tax $17 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-16
NOI / month
$-16
Cap rate
-0.03%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $17 | $196 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-16 | $-192 |
| NOI | $-16 | $-192 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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