For sale · MLS® 1294387
15 Squires Road
Eastport, NL, A0G1Z0
List price
$495,000
About this propertyMLS® 1294387
Eastport is a very popular tourist destination at the edge of Terra Nova National Park and is minutes from the ocean and it's famous sandy beaches. If you like boating and fishing then you will appreciate the easy access to the ocean with its many coves and open water. This property sits on a half acre lot which is only minutes from the beach. This home was extended in 1988 to add a large attached garage and second floor above. It has received extensive renovations again in recent years. Inside you will find a fabulous kitchen with quartz counter top, huge island, and high end appliances. There's a double oven, counter top stove, built in microwave , dishwasher and fridge with double doors and drawers. The kitchen is open to the dining area. The living room features a wood burning fireplace. The main floor also has a half bathroom with laundry. Downstairs is a 10 x 18 storage room. You will absolutely love to relax in the huge family room. It features loads of pine and huge closets. The wood burning cook stove sets the mood for a game of darts and a big feed! Upstairs there's a large primary bedroom with walk in closet and ensuite with shower. The vendor has installed a patio door in the primary to accommadate a private deck if the new owners desire. There's also 3 more bedrooms for family and guests. At the top of the staircase the landing is large enough to make a great den, games room, or gym. . Outside there is loads of parking , a paved driveway plus a large gravel driveway going back to the garage. There's lots of room to park an Rv. The 28 x30 garage will provide loads of room to keep all the toys. Upstairs, the loft has pine walls and ceiling. There's a wood stove to add to the ambiance. The Vendor has created a separate 10 x 9 room. There are many possibilities for this loft. A little reno and this could be an Air BnB , guest room or just a place to hang out! The house has a geneartor panel, a generator, and lots of wood heat. (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Utility room | 10 x 18 |
| Second level | Games room Bath (# pieces 1-6) Storage Ensuite Bedroom Bedroom Bedroom Primary Bedroom | 19 x 16 8 x 7 6 x 3 9 x 7 13 x 9.5 10 x 15 9 x 8 19 x 22 |
| Main level | Not known Bath (# pieces 1-6) Living room Dining room Kitchen | 5.5 x 21 5.5 x 9.5 10 x 24 12 x 12 12 x22 |
| Lower level | Family room | 17 x 23 |
The essentials
Location, air, flood & taxes
Elevation
18 m above sea level
Property tax
$1,224 / year
≈ $102 / month
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$102/mo
Principal & interest $0 + property tax $102 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-619
NOI / month
$-619
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $102 | $1,224 |
| Expenses | $517 | $6,204 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-619 | $-7,428 |
| NOI | $-619 | $-7,428 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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