About this propertyMLS® 1303622
Consist of two parcels of land one of which borders the river. Both pieces of land are wooded and have an incline going to the top of the hill. Possibility of 8 building lots. (To be confirmed by the purchasers) The land is located by going up the dirt road at the end of Blackhead road. Parcel A is on the left hand side and is approx. 2.3 acres and parcel B is on the right hand side and is approx. 3.9 acres. Could also make one large building lot. (id:56688)
Specifications
Property details
Room by room
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The essentials
Location, air, flood & taxes
Elevation
90 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$209 / year
≈ $17 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
3 places shown · 3 routes · OpenStreetMap · OSRM
- 33 min to downtown St. John's25.4 km
- 29 min to Memorial University22 km
- 30 min to Avalon Mall23.5 km
Schools 2
Groceries 1
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Estimated monthly payment
$18/mo
Principal & interest $0 + property tax $18 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-17
NOI / month
$-17
Cap rate
-0.26%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $18 | $209 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-17 | $-204 |
| NOI | $-17 | $-204 |
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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