555-559 Marine Drive photo 11 / 13

MLS #1291672

555-559 Marine Drive

Logy Bay/Middle Cove/Outer Cove

$150,000

Vacant Land
Source Listing

Property Details

Secure your piece of paradise in the highly sought-after Logy Bay/Outer Cove/Middle Cove area. This rare offering features nearly 5 acres of unspoiled land zoned residential, providing the perfect balance of rural tranquility and urban convenience. Imagine building your custom dream estate just minutes from all City of St. John's amenities, yet waking up surrounded by nature. Enjoy the Atlantic breeze with the ocean just a walk away. The property boasts a tranquil small stream toward the rear boundary, adding to the serene, natural setting. This isn't just land; it's the foundation for the luxury, privacy, and peaceful lifestyle you've always desired. (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$150,000
Down Payment - 5%$7,500
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,479

Mortgage Payment
$854
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$7,500
Loan Amount
$142,500
Total Interest
$113,678

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

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