About this propertyMLS® 1297591
Located in Clarke's Beach is very nice subdivision which boasts large lots with 0.38 ac lot and is very conveniently located close to amenities and very nice area to live. Clarke's Beach is known as a bedroom community and boasts small town living but convenient to larger areas and only 45 minutes to St. John's. The area is very convenient to a local salmon river, known for its large sea trout. This lot has a 69'building line based on minimum set back. Actual measurement of the lot is 44.4 x 171.35 x 181.95 x 29.56 x 128.2'. The lots are serviced with town water supply, and purchasers will have to install a septic system for development. This lot is natural vegetation covered with mature trees which arrangements can be made to have the lot cleared if needed. This small, secluded subdivision is the perfect location to build your dream home. (id:56688)
Specifications
Property details
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The essentials
Location, air, flood & taxes
Elevation
9 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$450 / year
≈ $38 / month · assessment year 2026
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 69 min to downtown St. John's83.5 km
- 68 min to Memorial University82.3 km
- 73 min to Avalon Mall89.1 km
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Estimated monthly payment
$38/mo
Principal & interest $0 + property tax $38 per month
Financing breakdown
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Monthly cash flow
$-37
NOI / month
$-37
Cap rate
-0.71%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $38 | $450 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-37 | $-444 |
| NOI | $-37 | $-444 |
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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