About this propertyMLS® 1299738
17.124-acre parcel of wooded land, boasting approval in principle for a residential development. Situated in the picturesque Holyrood area, this property offers captivating ocean views. The buyer would be responsible for all design and development plans and associated costs, subject to approval by the Town of Holyrood. Additionally, any applicable HST would be the responsibility of the buyer. Aerial drone shots, showcasing the elevation over Conception Bay, are included in the photo gallery for your perusal. Furthermore, a proposed access road plan via Woods Road off Duff's Road is readily available for review. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
56 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$500 / year
≈ $42 / month
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 35 min to downtown St. John's39.4 km
- 35 min to Memorial University38.7 km
- 40 min to Avalon Mall45.4 km
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Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$42/mo
Principal & interest $0 + property tax $42 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-41
NOI / month
$-41
Cap rate
-0.16%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $42 | $500 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-41 | $-492 |
| NOI | $-41 | $-492 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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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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