For sale · MLS® 1303690
10A Tank Road
Hearts Content, NL, A0B1Z0
List price
$25,000
About this propertyMLS® 1303690
Set back from the main road at 10 Tank Road in picturesque Heart’s Content, this 55’ x 235’ level parcel offers an opportunity to create something truly your own. Tucked away from the road, the property combines a sense of privacy with beautiful ocean views toward the front and rolling hills and open fields creating a scenic backdrop behind. The property is municipally serviced with water and sewer, and access is provided by a right-of-way that has been verified by the municipality and is shown on the survey. The existing cabin is in severely damaged condition and will require demolition, but once the structure is removed, the property becomes a spacious, level canvas ready to be reimagined. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
6 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$621 / year
≈ $52 / 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
$52/mo
Principal & interest $0 + property tax $52 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-51
NOI / month
$-51
Cap rate
-2.45%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $52 | $621 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-51 | $-612 |
| NOI | $-51 | $-612 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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