For sale · MLS® 1302718
150 Wades Farm Road
Flatrock, NL, A1K1C6
List price
$320,000
About this propertyMLS® 1302718
Attention Investors or Developers, this 11.2 acre of coastline property would make a great development. The land is at the end of Wade's Farm Rd and hugs the shoreline. The land faces south looking over Torbay harbor and Outer Cove shoreline. This property would make a great development or a great place for an executive home overlooking the the ocean. Come take a look and let your imagination run wild on what you can do. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
71 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
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 28 min to downtown St. John's18.5 km
- 24 min to Memorial University15 km
- 25 min to Avalon Mall16.6 km
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Plan ahead
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
-0.15%
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.
Get in touch
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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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