8 Silver Head Way photo 11 / 7

MLS #1293162

8 Silver Head Way

Logy Bay Middle Cove Outer Cove

$499,000

Vacant Land
Source Listing

Property Details

This 1.77 acre lot is located on a newly developing street in the Marine Drive area. Lot #8 is one of the largest lots on the street. It is the perfect place to build your executive home. Imagine being able to situate your home to optimize your panoramic view of the ocean. Since the Hst has been paid on this lot the new owner will not be required to pay it. (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$499,000
Down Payment - 5%$24,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,694

Mortgage Payment
$2,841
Property Tax
$353
Insurance
$150
Utilities
$350
Down Payment
$24,950
Loan Amount
$474,050
Total Interest
$378,170

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

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