For Sale · Land

100-106 Riverside Road East, Glovertown

100-106 Riverside Road East, Glovertown, Newfoundland & Labrador A0G0A8

$49,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

97%

About this property

Discover the perfect spot to build your dream home on this 1.3-acre fully wooded lot located at 100-106 Riverside Rd. E., Glovertown. Surrounded by natural beauty, this serene property offers privacy and tranquility, making it an ideal retreat for those seeking a peaceful lifestyle amidst nature. Whether you're envisioning a cozy family home, a vacation getaway, or an investment opportunity, this spacious lot provides the perfect foundation to bring your vision to life. Enjoy the beauty of the outdoors with ample space for gardens, outdoor activities, and more. Conveniently situated in Glovertown, you'll have easy access to local amenities, outdoor recreation, and the stunning scenery that Newfoundland has to offer. Don’t miss this chance to own a piece of paradise—your future begins here! Contact an Agent today for more information or to schedule a viewing. Your dream property awaits! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$49K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$226

Projected NOI

$3K

Annual cash flow

$-95

Cash-on-cash

-0.64%

DSCR

0.97

Going-in cap

5.35%

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

61,119

Households

21,473

Median income

$67,500

Median age

41.4

Daytime population

92,930

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 100-106 Riverside Road East, Glovertown.

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.