For sale · MLS® 1299546
3 PLACENTIA JUNCTION Road
placentia junction, NL, a1a1a1
List price
$219,900
About this propertyMLS® 1299546
Escape to your own private slice of paradise at Placentia Junction! Nestled on a spacious, near-acre lot along the scenic old rail track road, this charming cabin is the ultimate retreat for outdoor enthusiasts and relaxation seekers alike. Outside is complete with a cozy fire pit for starry nights, multiple storage sheds for all your gear, and a wired bunkhouse perfect for hosting extra family and friends. The massive deck features a covered gazebo, offering the perfect setting for morning coffees or evening BBQs regardless of the weather. Inside, enjoy modern comfort, boasting a large, inviting living room with woodstove, a bright kitchen, and a dedicated dining area. Other features include a convenient main-floor bedroom alongside two additional bedrooms upstairs, providing plenty of room for everyone. Some recent upgrades include a newer roof (2 years ago) and hot water boiler. This private property is situated just minutes from Rhodies pond where you can cut your own path to the water. Or enjoy the water directly across the road from the driveway. Whether you are looking for a weekend getaway or a year-round home in Placentia Junction, this great property is waiting for you. (id:56688)
Property details
Coordinates: [47.356085, -53.713153]
Rooms
| Second level | Bedroom Bedroom | 9.1X9 null 11.3X9 null |
| Main level | Not known Dining nook Bedroom Kitchen Living room | 18.8X5.10 null 12.9X9 null 9X8.5 null 9X9 null 11.6X15.3 null |
Basic Calculator
First Mortgage: $175,920
Mortgage insurance premium: $0
Total Financing: $175,920
Rough closing fee (1.5%): ~ $3,299
Total downpayment with estimated closing fee: $47,279
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $926 | $11,112 |
| Gross rental income (income/principal ratio) | 0.421% | 5.053% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $275 | $3,300 |
| Vacancy | $47 | $556 |
| Management Fee | $75 | $889 |
| Expense / Income Ratio | 29.70% | 29.70% |
| Cash Flow | $531 | $6,372 |
| Net Operating Income (NOI) | $531 | $6,372 |
| Capitalization Rate | 0.24% | 2.90% |
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