0 Payne's Road photo 11 / 8

MLS #1287445

0 Payne's Road

Aquaforte

$499,900

Vacant Land
Source Listing

Property Details

A truly picturesque piece of the Newfoundland coastline overlooking Aquaforte Harbour. The 11.5 acre site offers sweeping views of the rugged coast while nestled on the gentle slope of what can be your very own oceanview estate. With over 500 feet of road frontage and more than 1250 feet on the ocean this also has the potential to be subdivided into multiple executive estate lots. The site contains a gravel horseshoe driveway from a pervious homestead that once stood on the property. Municipal water is available for use in the development of the property. The possibilities are as vast as the views. (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$499,900
Down Payment - 5%$24,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,700

Mortgage Payment
$2,846
Property Tax
$354
Insurance
$150
Utilities
$350
Down Payment
$24,995
Loan Amount
$474,905
Total Interest
$378,852

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

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