285 Maddox Cove Road photo 11 / 11

MLS #1295660

285 Maddox Cove Road

St. John's

$69,500

Vacant Land
Source Listing

Property Details

An oversized, level lot just 10 minutes to downtown St. John's and one KM from the beach at Maddox Cove and the start of Maddox Cove to Cape Spear walk on the East Coast Trail. See pictures of the view of beach and head of trail. This property is close to picturesque Petty Harbour/Maddox Cove, recreation, shopping and on a K-12 School Bus Route. With its natural beauty and coastal charm, this area offers a multitude of outdoor activities and recreational opportunities. Explore nearby walking trails, take leisurely strolls along the shoreline, or indulge in water sports such as kayaking and boating. Nature enthusiasts will appreciate the abundance of wildlife and the opportunity to immerse themselves in the natural wonders of the surrounding area. The lot presently requires well/septic. Purchasers responsible for any HST should it be applicable. (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$69,500
Down Payment - 5%$3,475
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,021

Mortgage Payment
$396
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$3,475
Loan Amount
$66,025
Total Interest
$52,671

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

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