617 MAIN Road
SMALL POINT, NL, A1E4Z4
3 Beds | 1 Bath
$119,000
About the property (MLS: 1282445):
Great little around the bay home located right in the middle of it all .. your perfect headquaters to go Whale and Iceberg watching , fishing , hiking , hunting, berry picking etc. etc. Features include 3 bedrooms , full bath, eat in country kitchen ,living room with original hardwood . Upgrades include several vinyl casement windows , front and back doors with special glass , oil tank and hot air furance ,electrical panel with breakers . Most contents are negotiable in sale . Low.Basement has low ceiling and has access from inside house and also has an outside entrance ; Less then 10 years ago owner built a neat little 12' by 20' storage shed , insulated and has electric heat .. perfect little man cave or studio .only 15 minutes from Nprthern Bay sands or Salmon Cove Sands.., 20 minutes from Carbonear where there's a Walmart , Canadian Tire ,McDonalds , Tim Hortons , etc.plus a modern 7 story hospital ...all this and your less then 90 minutes from St. John's ..act fast on this one !. (id:56688)
Property Details
Listing ID: 28012107
Address: 617 MAIN Road, SMALL POINT, Newfoundland & Labrador, Canada A1E4Z4
Status: Active
Last updated: 11 days ago ( Mar 12, 2025 )
Year Built: 1948
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Septic tank
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,828 square feet
Price per sq ft: $66
Tax Annual Amount: $730
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Forced air, Oil
Flooring: Hardwood, Mixed Flooring
Exterior Features: Aluminum siding, Vinyl siding, Other
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.833973, -53.103007]
Rooms
| Main level | Porch Other Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) Living room Kitchen | 5.00 X 7.00 null 5.00 X 22.00 null 9.60 X 9.60 null 9.60 X 9.60 null 9.60 X 10.00 null 13.60 X 16.00 null 13.60 X 13.60 null |
Basic Calculator
First Mortgage: $95,200
Mortgage insurance premium: $0
Total Financing: $95,200
Rough closing fee (1.5%): ~ $1,785
Total downpayment with estimated closing fee: $25,585
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,011 | $24,132 |
| Gross rental income (income/principal ratio) | 1.690% | 20.279% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $149 | $1,788 |
| Vacancy | $101 | $1,207 |
| Management Fee | $161 | $1,931 |
| Expense / Income Ratio | 7.41% | 7.41% |
| Cash Flow | $1,601 | $19,212 |
| Net Operating Income (NOI) | $1,601 | $19,212 |
| Capitalization Rate | 1.35% | 16.14% |
