162-164 Main Road Maddox Cove photo 11 / 11

MLS #1298847

162-164 Main Road Maddox Cove

Petty Harbour - Maddox Cove

$30,000

Vacant Land
Source Listing

Property Details

.87 acre serviced building lot with 79' frontage on the Main Road in scenic Maddox Cove. It is located just 15 minutes from downtown, 2 minutes from the vibrant tourist town of Petty Harbour and only a minute from the ocean and East Coast Trail. All permits, development costs and HST (if applicable) are the responsibility of the purchaser. The lot requires approximately 10-15K of site work to prepare for development and it is reflected in the price. (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$30,000
Down Payment - 5%$1,500
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$796

Mortgage Payment
$171
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$1,500
Loan Amount
$28,500
Total Interest
$22,736

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

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Property Type
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Brokerage
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