For sale · MLS® 1295346
53 Island Drive
Summerford, NL,
List price
$160,000
About this propertyMLS® 1295346
Set on the shore of a protected inlet, this stunning four bed three bath home is ideally located. Launch your kayak from the properties edge to paddle the protected waters or simply relax and watch the sun set from your front porch. Inside, there is plenty of room, with an eat-in kitchen off the large dining room and spacious living space filled with natural light. The main floor also has a bedroom and full bath, perfect for one level living. Need more space, head upstairs to two large bedrooms looking out over the water, along with a convenient half bath. Off the far end of the home, with a separate entrance, is the rec room which comes complete with a bar, a full bathroom, a generous sized bedroom and laundry. This is an ideal space to entertain friends, hang with the family or convert into a rental unit. Outside you have a nice sized launch and garage. (id:56688)
Specifications
Property details
Room by room
Rooms
| Lower level | Laundry room Bath (# pieces 1-6) Recreation room | 7x6 8x7 17x9 |
| Other | Bedroom | 16x14 |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 6x5 16x15 16x15 |
| Main level | Bedroom Living room Dining room Eat in kitchen Bath (# pieces 1-6) Foyer | 15x8.5 14.5x16 19x9 14.5x14.5 8x5 7x4.5 |
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
$1,200 / year
≈ $100 / month
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Groceries 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$100/mo
Principal & interest $0 + property tax $100 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-200
NOI / month
$-200
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $100 | $1,200 |
| Expenses | $100 | $1,200 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-200 | $-2,400 |
| NOI | $-200 | $-2,400 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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