About this propertyMLS® 1297589
Only 2 Lots left available in this subdivision, located on the South River side of Clarke's Beach this very attractive subdivision is very convenient within the Town and some of the lots offers an excellent view of the large salmon river, each lot contains more than 1/3 Acre which is considered a large lot. This lot as a 90' when measured from the correct set back from the cul de sac which is also considered the building line and offers a nice view of the South River. Actual lot size is 44.8 x 120 x 160 x 178.3' or 13,132 Square Feet. The lots are serviced with town water supply and purchasers will have to install a septic system for development. Each lot is natural vegetation covered with mature trees and grass which is a very rare find. This small, secluded subdivision is the perfect location to build your home. (id:56688)
Specifications
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The essentials
Location, air, flood & taxes
Elevation
3 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$350 / year
≈ $29 / 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
$30/mo
Principal & interest $0 + property tax $30 per month
Financing breakdown
Rental math
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Monthly cash flow
$-29
NOI / month
$-29
Cap rate
-0.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $30 | $350 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-29 | $-348 |
| NOI | $-29 | $-348 |
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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