For sale · MLS® 1292521
2 Penney's Road
Holyrood, NL, A0A2R0
List price
$320,000
About this propertyMLS® 1292521
PENNEY'S ROAD, NORTH ARM HOLYROOD NL...Welcome to one of the most scenic towns on the Avalon, where there is so much happening from the famous Board Walk on the beach to the Marine Institute with its state of the art Ocean Technology, the Willows golf course, the Holyrood Marina, the new Tim Hortons, an ever expanding Holy Cross Elementary School and two Day Cares Centre's, two major land developments, Marina Shores and Mountain View Estates and the list goes on! There's pride of ownership everywhere in this Town and it shows!! So we introduce to you...2 Penney's Road, North Arm and a 7.91 Acre Oceanfront Estate...Wow!! This property has been family owned forever and is offered to the market place for the first time. This secluded waterfront estate will amaze you with a boreal forest and the opportunity to vision what you want in this property. This property has access on a public road that will need upgrading to access the property by vehicle. The views from this place are amazing...Bell Island, Conception Bay, Kelley's Island, Holyrood Harbour and North Arm...unobstructed views forever!! Whether this waterfront estate becomes a private oasis with outstanding ocean views or if by chance this property has the potential to be sub-divided into 1-lots or whatever other combination you desire...Be it family to buy and subdivide...it's up to you. Come walk this place...Vision what this place could be...You decide if this is where you want to be...Don't Delay...Call Today!! (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
65 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month · assessment year 2025
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 45 min to downtown St. John's51 km
- 45 min to Memorial University50.3 km
- 50 min to Avalon Mall57.1 km
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Estimated monthly payment
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-33
NOI / month
$-33
Cap rate
-0.12%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-33 | $-396 |
| NOI | $-33 | $-396 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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