48-50 Vale Drive photo 11 / 5

MLS #1260634

48-50 Vale Drive

Pouch Cove

$89,900

Vacant Land
Source Listing

Property Details

Looking for the most inviting place on the earth? You found it. Did you know that buying a lot in the Vales actually saves you money? The money that you save on cost of the lot can go into the construction of your home. Upgrade your kitchen, floors, add on a garage what ever you can think of. More home for less money, imagine that concept in today’s market. Located only 12 minutes from Stavanger Drive, one acre lots, trees, walking trail around a lake and more house for your money. Oversized private treed lots, and 100% customization, all located within a prestigious residential neighbourhood development, incredible country style living just minutes from town as they are situated next to Shoe Cove Pond. Minutes from the hub of St. John’s and the airport. Let us design your home or bring your own builder to build for you. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$89,900
Down Payment - 5%$4,495
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,137

Mortgage Payment
$512
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$4,495
Loan Amount
$85,405
Total Interest
$68,131

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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