About the property (MLS: 1285125):
Welcome to your slice of rural paradise! Beautifully restored 2 sty farmhouse style home sits on a generous 1.23 acre lot backing directly onto the Atlantic Ocean. Three mini splits, basement, main floor and top floor. A rare find that blends rustic charm with modern comfort - perfect for those craving space and tranquility, a true East Coast lifestyle. Raise goats and chickens, start a hobby farm, or just enjoy the wide open spaces. Access to railway beds and ride your ATV's and snowmobiles right along the ocean's edge. This property has something very unique, rights to your very own stage/wharf where you can keep your boat or build onto. The stage has been grandfathered in, like others in the cove. Such that, nobody else can build a new wharf in that area. Seconds to a cove to enjoy fishing and boating or just quiet reflection. This property is tailor made for those seeking a self sufficient lifestyle, or just enjoying open skies & salt air! (id:56688)
Property Details
Listing ID: 28445937
Address: 17 Dowdens Road, Conception Bay South, Newfoundland & Labrador, Canada A1X5A2
Status: Active
Last updated: 10 days ago ( Jun 10, 2025 )
Year Built: 2020
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,136 square feet
Price per sq ft: $235
Tax Annual Amount: $2,235
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 46
Rurl
Coordinates: [47.46646, -53.082083]
Rooms
Basement | Storage | 20 x 18 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | B4 null 9.6 x 10 null 13 x 13 null 13 x 13 null |
Main level | Laundry room Bath (# pieces 1-6) Dining nook Kitchen Living room Foyer | 8 x 6 null B2 null 13 x 15 null 12.7 x 8.4 null 13.4 x 14.2 null 9.8 x 12.6 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,350 | $28,200 |
Gross rental income (income/principal ratio) | 0.470% | 5.641% |
Mortgage | $0 | $0 |
Monthly Expenses | $625 | $7,500 |
Vacancy | $118 | $1,410 |
Management Fee | $188 | $2,256 |
Expense / Income Ratio | 26.60% | 26.60% |
Cash Flow | $1,420 | $17,040 |
Net Operating Income (NOI) | $1,420 | $17,040 |
Capitalization Rate | 0.28% | 3.41% |