For sale · MLS® 1304181
103 Chipman's Road
Spaniard's Bay, NL, A0A3X0
List price
$32,000
About this propertyMLS® 1304181
Looking for the perfect spot to build your dream home? This approximately 0.57-acre vacant lot on Chipman's Road in Spaniard's Bay offers a fantastic opportunity to create your own space in a well-established community. Featuring approximately 141 feet of road frontage and 188 feet of depth, this wooded property provides plenty of room to bring your vision to life. Electrical service is available in the area, with municipal water and sewer lines located nearby. The seller has obtained documentation from the Town of Spaniard's Bay regarding residential development of the property, available for review. Conveniently situated within reach of local amenities, schools and services. An excellent opportunity for anyone looking to build in beautiful Conception Bay North! Purchasers are responsible for verifying development requirements, service connections and applicable permits with the municipality. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
103 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$257 / year
≈ $21 / month
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 76 min to downtown St. John's96.1 km
- 75 min to Memorial University94.9 km
- 80 min to Avalon Mall101.7 km
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Estimated monthly payment
$22/mo
Principal & interest $0 + property tax $22 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-21
NOI / month
$-21
Cap rate
-0.79%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $22 | $257 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-21 | $-252 |
| NOI | $-21 | $-252 |
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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