16 Rodgers Road
Burnt Point, NL, A1A1M0
2 Beds | 1 Bath
$129,900
About the property (MLS: 1286200):
Take a look at this lovely Cozy Cabin situated on a hillside with ocean views located on 16 Rodgers Road, Burnt Point. The owners have taken much pride in maintaining there getaway place over the years. It has 2 decent size bedrooms and a 3pc bath. Great open concept Living and Kitchen area, and a 10 x 10 storage shed out back. This Cabin is only minutes away from a beautiful beach and Campgrounds of Northern Bay Sands. (id:56688)
Property Details
MLS: 1286200
Listing ID: 28439841
Address: 16 Rodgers Road, Burnt Point, Newfoundland & Labrador, Canada A1A1M0
Status: Active
Last updated: 11 days ago ( Jun 9, 2025 )
Year Built: 1995
Property Type: Recreational
Structure Type: Recreational
Ownership Type: Freehold
View: Ocean view
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Septic tank
Flooring: Mixed Flooring
Living Area Total: 576 square feet
Price per sq ft: $226
Tax Annual Amount: $220
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove, Microwave
Water Source: Dug Well
Foundation Details: Wood
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.963262, -53.045168]
Listing ID: 28439841
Address: 16 Rodgers Road, Burnt Point, Newfoundland & Labrador, Canada A1A1M0
Status: Active
Last updated: 11 days ago ( Jun 9, 2025 )
Year Built: 1995
Property Type: Recreational
Structure Type: Recreational
Ownership Type: Freehold
View: Ocean view
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Septic tank
Flooring: Mixed Flooring
Living Area Total: 576 square feet
Price per sq ft: $226
Tax Annual Amount: $220
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove, Microwave
Water Source: Dug Well
Foundation Details: Wood
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.963262, -53.045168]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | 3pc 8.10x11.4 null 8.6x11.3 null 11.5x13.2 null 11.5x10.2 null |
Basic Calculator
First Mortgage: $103,920
Mortgage insurance premium: $0
Total Financing: $103,920
Rough closing fee (1.5%): ~ $1,949
Total downpayment with estimated closing fee: $27,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $634 | $7,608 |
| Gross rental income (income/principal ratio) | 0.488% | 5.857% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $163 | $1,956 |
| Vacancy | $32 | $381 |
| Management Fee | $51 | $609 |
| Expense / Income Ratio | 25.71% | 25.71% |
| Cash Flow | $389 | $4,668 |
| Net Operating Income (NOI) | $389 | $4,668 |
| Capitalization Rate | 0.30% | 3.59% |
Capitalization Rate: 3.59%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $185,572
