$49,900
MLS #1299558 · Botwood
63 Fernwood Drive
- Type
- Vacant Land
- Agent
- Christopher Ellis
- Brokerage
- Keller Williams Platinum Realty - Grand Falls
1 / 2Property Details
Oceanview! Great potential for this large building lot in the town of Botwood! With approximately 3.2 Acres of land this property can be the perfect lot for your dream home or can be developed into land for multi unit rental properties as shown in the picture on this listing. Municipal water and sewer available and this land also backs onto the T-rail which is very popular for snowmobiling or ATVing (id:66441)
Cost To Own
Down payment & monthly cost
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
Your OfferAsking $49,900
$49,900
Over askingAt asking
Down Payment · 5%$2,495
Interest Rate5.25%
Amortization
Estimated Monthly Cost
$920
- Mortgage Payment
- $295
- Property Tax
- $125
- Insurance
- $150
- Utilities
- $350
Cash To Close
$2,495
- Down Payment
- $2,495
- CMHC Insurance (financed)
- $1,896
- Loan Amount
- $49,301
- Total Interest · 25 yr
- $39,330
Under 20% down requires CMHC default insurance, added to your loan. Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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