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Listed 2 months ago

194 Martin Street

King City, King

$2,599,000

Detached|Bungalow
3 | 1 | 20
About this home

Prime 2 Acre Building Lot In King For Sale! Rare Opportunity For Custom Builder Or To Build Your Dream Home. Current Home was Rentable But Requires Improvement, 3 Bedroom Home. Potential for severance into 2 - 70 ft lots. Land Value Only!!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$7,950
Lot Size143 ft x 615 ft
mls© NumberN13214106
Listed ByINTERCITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,303
Property tax
$662
Heat allowance
$150
Housing costs
$14,115 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $519,800
25-yr amortization

Income needed

$434,000

gross annual household income

Payment at 4%
$10,937 / mo
Cash down
$519,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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