About this propertyMLS® 1298439
***Motivated Sellers*** Nestled in a quiet community on Twillingate Island, this home is just a short stroll away from the beach and trails where you can handpick wild blueberries as you watch the fisherman come and go with their daily catch. Set on a nice size lot, you enter the home into a large welcoming foyer, which leads to the chef's kitchen, large dining room along with a half bath with laundry. French doors open to the large back deck to enjoy the morning sunrise with views of the ocean. Also on the main floor, is a comfortable living room and master bedroom with an ensuite that includes a soaker jet bathtub. Upstairs, there are four bedrooms, three of which have an ensuite, perfect for the growing family or for hosting friends. As a bonus, the basement has a stunning two bedroom apartment with it's own entrance, perfect for an owner's retreat (man den/she shed) or to rent and help with the mortgage. The property is being sold furnished, all you need is to pack your bags! Currently run as a successful vacation property, this is a turn key business opportunity or family home. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
9 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$5,400 / year
≈ $450 / month
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Health 1
Groceries 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$450/mo
Principal & interest $0 + property tax $450 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-603
NOI / month
$-603
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $450 | $5,400 |
| Expenses | $153 | $1,836 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-603 | $-7,236 |
| NOI | $-603 | $-7,236 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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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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