For sale · MLS® 1301437
40-60 Tamarack Avenue
Pasadena, NL, A0L1K0
List price
$65,000
About this propertyMLS® 1301437
4.2 Acres of opportunity in Pasadena. Invest in one of Pasadena's growing areas! Conveniently located on the turn on Tamarack Avenue, this parcel of land offers plenty of space and opportunity. If you are looking for land with potential, this property is worth a look! This parcel is accessed via a 20-foot road reserve extending from Tamarack Road. The road reserve runs along the eastern boundary of the property, providing access from Tamarack Road to the land, which begins approximately 200 feet from the roadway. The towns water supply line crosses the southern end of the property, offering added convenience for future development. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
52 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$480 / year
≈ $40 / month · assessment year 2026
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
$40/mo
Principal & interest $0 + property tax $40 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-40
NOI / month
$-40
Cap rate
-0.74%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $40 | $480 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-40 | $-480 |
| NOI | $-40 | $-480 |
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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