3-49 Northern Cove Pond Road photo 11 / 3

MLS #1298807

3-49 Northern Cove Pond Road

Spaniards Bay

$69,900

Vacant Land
Source Listing

Property Details

4.83 Acres of land in town of Spaniards Bay. The shape of this lot makes it very appealing to investors as it has 1187' frontage on Northern Cove Pond Road. This makes subdividing into building lots very efficient for the keen entrepreneur. Land has a nice pond view and the gentle slope makes it nice for a home with a walkout basement. (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$69,900
Down Payment - 5%$3,495
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,023

Mortgage Payment
$398
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$3,495
Loan Amount
$66,405
Total Interest
$52,974

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

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