About this propertyMLS® 1298072
Escape to the peaceful beauty of Newfoundland’s Great Northern Peninsula with this charming 2-bedroom, 1-bath cabin overlooking stunning Pistolet Bay, just minutes from Cooks Harbour, this cabin is seasonal from May to December, it has everything you would want in a Cabin, Beautifully Handcrafted, Peaceful, surrounded by Nature, Trees, water, its a dream escape from everyday life, Offering approximately 700 sq ft of cozy living space, this property is the perfect getaway for anyone seeking privacy, ocean views, and the relaxing sounds of nature. Situated on a spacious 120 x 250 lot, this cabin provides plenty of room to enjoy the outdoors, entertain guests, or simply unwind while taking in the breathtaking coastal scenery. Whether you’re looking for a seasonal retreat, Airbnb opportunity, or quiet escape, this property delivers. Enjoy nearby hiking, fishing, whale watching, and all the natural beauty the Pistolet Bay area is known for. Pistolet Bay Provincial Park is well known for its rugged coastal scenery, outdoor recreation, and peaceful surroundings. There are 2 sheds on the property 9x10 woodshed and a 11x13 tool shed. It is a 100 amp breaker. The refrigerator is electric, the kitchen range is propane and the heating is wood heat and electric baseboard heaters. Enjoy the peace and quiet of nature while still being close to the beauty and recreational opportunities of Pistolet Bay Provincial Park. With plenty of space to expand or add outdoor features, this lot is a rare find in the area. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Bedroom Bedroom | 9x9 9.5x12.5 |
| Main level | Bath (# pieces 1-6) Dining room Living room/Fireplace Kitchen | 5x8.7 12x12 3.5x14 8x16 |
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
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Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
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Monthly cash flow
$-132
NOI / month
$-132
Cap rate
-1.51%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $132 | $1,584 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-132 | $-1,584 |
| NOI | $-132 | $-1,584 |
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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