Lot 5 Little Northwest photo 11 / 10

MLS #1298265

Lot 5 Little Northwest

Glovertown

$29,500

3,997 sqft
Vacant Land
Source Listing

Property Details

Rare opportunity to own a surveyed waterfront cabin lot on the brook flowing into beautiful Little Northwest Pond just minutes from Glovertown, Newfoundland and Labrador. This south-facing property contains approximately 3,997 sq. m. and offers approximately 65 metres of brook frontage and 65 metres of road frontage with direct dirt road access and no road fees. Located only 5 minutes from the highway and the Newfoundland T’Railway, the property combines privacy and seclusion with convenient access to town amenities and year-round recreation. Excellent area for trout fishing, nearby salmon rivers, boating, kayaking, canoeing, hunting, berry picking, ATV riding, snowmobiling, and outdoor adventure. Hydro is nearby, 5G cell service is available, and the property is located in an unorganized area with no municipal taxes. Survey plans and Crown grant documentation available. The brook frontage creates a unique natural setting ideal for buyers seeking a peaceful private retreat, cabin getaway, or recreational investment opportunity near the water. (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$29,500
Down Payment - 5%$1,475
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$793

Mortgage Payment
$168
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$1,475
Loan Amount
$28,025
Total Interest
$22,357

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

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