For sale · MLS® 1303395
97 C Main Street
PASADENA, NL, A0L1K0
List price
$325,000
About this propertyMLS® 1303395
Development opportunity in the growing Town of Pasadena! This impressive 10+ acre parcel offers over 600 feet of frontage along Main Street and extends deep into beautiful level land, providing exceptional flexibility for future development. Situated on the edge of town in a quiet, private setting, the property presents numerous possibilities for residential, multi-lot, or mixed-use development (subject to municipal approvals). The generous road frontage and expansive acreage provide excellent flexibility for future use. Whether you are considering the development of storage units, creating a private family estate with multiple homes , or building your dream home with plenty of space and privacy, this property offers endless possibilities. The layout of the land also allows for the potential of separate access points , making it well suited for a variety of residential or commercial ventures , subject to any required approvals. Rarely does a parcel of this size and location become available. With easy access to town amenities while maintaining a peaceful rural feel , this property is an excellent opportunity for developers, investors and families alike. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
23 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$500 / year
≈ $42 / month
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
$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.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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