Lot 5 Newell Place photo 11 / 5

MLS #1298196

Lot 5 Newell Place

Pouch Cove

$99,900

Vacant Land
Source Listing

Property Details

This beautiful piece of land is ideal for you to build your dream home! Tucked away off of Gully Road in Pouch Cove, just 25 minutes from St. John’s, this level oversized building lot can be connected to municipal water and sewer. Dating back to 1611, Pouch Cove is well known for its exceptional beauty & rustic charm, its impressive hiking trails & coveted berry-picking grounds, its renowned artist residency & rural setting. It is home to just over 2000 people & only 27 kilometers North of St. John’s. The Town's motto is ""First To See The Sun"" & it does not disappoint! This charming community offers spectacular sunrises over the Atlantic Ocean, and here from your backyard you will be captivated by the beautiful sunsets over the hillside. Backing onto a little stream, this is the tranquil setting you have been looking for to build your dream home on your dream parcel of land! Survey available upon request, call today! (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$99,900
Down Payment - 5%$4,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,194

Mortgage Payment
$569
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$4,995
Loan Amount
$94,905
Total Interest
$75,710

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

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