For Sale · Land

0 Veitchs Crescent, Holyrood

0 Veitchs Crescent, Holyrood, Newfoundland & Labrador A0A2R0

$220,000 total

—

Asset Class

Land

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

99%

About this property

Holyrood is quickly becoming the go to place to live with a short 30 minute commute to the city. Subject to the Town of Holyrood approval, this fantastic parcel of land with 426 feet of frontage can be subdivided into possibly four oversized building lots. Town services are at the front of this land. Veitchs Crescent is a hidden treasure full of mature trees and natural growth. With elevated plans, views of the ocean are possible! Very private street, fantastic opportunity for builders and individuals wanting to build their own home. This site offers amazing value and potential! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$220K
Down payment30% · $66K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$10K

Annual cash flow

$-2K

Cash-on-cash

-3.07%

DSCR

0.83

Going-in cap

4.62%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

118,195

Households

44,007

Median income

$137,000

Median age

38.5

Daytime population

123,692

5-yr growth

5.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 0 Veitchs Crescent, Holyrood.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.