About this propertyMLS® 1303073
Visit REALTOR® website for additional information: Discover the possibilities at 331–339 North River Road, North River. This spacious 3-acre parcel offers an excellent opportunity to build your dream home in a peaceful, natural setting, with ample room for gardens, outdoor living spaces, a garage, and more. The size of the property may also offer potential to subdivide the land into additional building lots, making it an appealing option for buyers interested in future development or investment. Any subdivision would be subject to municipal requirements, applicable regulations, and the necessary approvals, and purchasers are responsible for confirming the development potential. Surrounded by nature, the property provides privacy and tranquility while remaining within convenient reach of everyday amenities. Located approximately 45 minutes from St. John’s, it offers the enjoyment of country living without being too far from the city. Whether you envision a family home, a private retreat, or the possibility of creating multiple lots, this versatile North River property offers plenty of room to bring your plans to life. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
17 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month · assessment year 2026
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 63 min to downtown St. John's81.4 km
- 62 min to Memorial University80.2 km
- 67 min to Avalon Mall87 km
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Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-33
NOI / month
$-33
Cap rate
-0.25%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-33 | $-396 |
| NOI | $-33 | $-396 |
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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