0 Hodgewater Line
Makinsons, NL, A1A2X0
2 Beds | 1 Bath
$249,900
About the property (MLS: 1288029):
Lovely cozy two bedroom ,one bath ,grade level entry bungalow on a 1 acre treed lot with lots of privacy close Highway access within one hour of St. John’s. This cottage is move in ready and well maintained. The property features open design of kitchen and living area with cozy warm wood stove to enjoy and those cooler days, a magnificent bright spacious family room with lots of windows, allowing natural light to flow through and great space to relax or entertain in, as well as two nice sized bedrooms, and full bath. Relax On your front veranda or patio enjoying your morning coffee and listening to the sounds of nature in this peaceful private setting.Added bonus is an oversized garage with separate electrical service /insulated ideal to store all those recreational toys. Property offers a circular paved driveway and partial landscaping. Enjoy nature at its finest outside the hustle and bustle of hectic city life. (id:56688)
Property Details
Listing ID: 28619425
Address: 0 Hodgewater Line, Makinsons, Newfoundland & Labrador, Canada A1A2X0
Status: Active
Last updated: 16 days ago ( Oct 31, 2025 )
Year Built: 2008
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Electric, Wood
Sewer: Septic tank
Flooring: Laminate
Living Area Total: 1,000 square feet
Price per sq ft: $250
Tax Annual Amount: $0
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Foundation Details: Concrete Slab, Concrete
Heating: Electric, Wood
Flooring: Laminate
Fireplace Features: Wood, Woodstove
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.477542, -53.334049]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Living room Family room Kitchen | 3 pc 14.5x12 null 9x11 null 12x17 null 13x13 null 13x9.5 null |
Basic Calculator
First Mortgage: $199,920
Mortgage insurance premium: $0
Total Financing: $199,920
Rough closing fee (1.5%): ~ $3,749
Total downpayment with estimated closing fee: $53,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,100 | $13,200 |
| Gross rental income (income/principal ratio) | 0.440% | 5.282% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $55 | $660 |
| Management Fee | $88 | $1,056 |
| Expense / Income Ratio | 28.45% | 28.45% |
| Cash Flow | $644 | $7,728 |
| Net Operating Income (NOI) | $644 | $7,728 |
| Capitalization Rate | 0.26% | 3.09% |
