About this propertyMLS® 1294364
Centrally located on beautiful Change Island, this home sits on a nice size lot that slopes down to the water and offers stunning sunset views. In additional to the well maintained, renovated three bedroom home, this property also includes an art studio, work/storage shed and fishing stage. Shingles on the out buildings are just 2 years old while the shingles on the house are 10 years and in great shape. Enter the home into the living room, filled with natural light, making it bright and inviting. Through the living room, a nice sized dining room is ideal for entertaining or enjoying meals while watching the water through the glass doors. A thoughtfully designed, custom kitchen is the perfect place to bring your recipes to life. Off of the kitchen are the stairs to the basement, which is unfinished but offers plenty of storage and laundry. Back through the living room, down the hall, are three bedrooms and a full bathroom. More than a home, this property is being sold furnished, offering everything you need to enjoy island living. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Kitchen Dining room Living room | 10.5x5 10.5x9 11x10 11x10 11x8 11x8 14x14 |
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$600 / year
≈ $50 / month
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$50/mo
Principal & interest $0 + property tax $50 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-219
NOI / month
$-219
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $50 | $600 |
| Expenses | $169 | $2,028 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-219 | $-2,628 |
| NOI | $-219 | $-2,628 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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Talk to Haris
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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