About this propertyMLS® 1300268
Escape to the beauty of Newfoundland's coastline with this charming 2-bedroom oceanfront home situated on just over half an acre of land. Whether you're looking to downsize, purchase a peaceful retirement retreat, or return home after years away, this property offers the perfect blend of comfort, simplicity, and breathtaking waterfront living. Wake up each morning to stunning ocean views and enjoy the sights and sounds of the water right from your doorstep. The home features electric heat along with a cozy wood stove, creating a warm and inviting atmosphere year-round. Vinyl windows and doors provide low-maintenance living, while the 120-amp electrical service offers peace of mind. A spacious back porch addition, completed approximately 10 years ago, adds valuable living and storage space and is the perfect spot to hang your winter gear. Outside, you'll find multiple storage sheds for all your tools, equipment, and recreational gear, along with plenty of room to enjoy gardening, gatherings, or simply taking in the natural surroundings. Properties like this don't come along often. If you've been dreaming of life by the water, this oceanfront gem offers the opportunity to enjoy the Newfoundland lifestyle at its finest. Garbage and fire protection fees are $200 per year. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Living room Kitchen Laundry room Bath (# pieces 1-6) Bedroom Bedroom Porch Porch | 11.9x16.8 10.97x14.54 9.9x9.35 4.96x9.19 10.32x9.8 7.76x10.35 9.3x4.74 9.58x11.26 |
The essentials
Location, air, flood & taxes
Elevation
4 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
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Calculators & neighbourhood
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-113
NOI / month
$-113
Cap rate
-1.51%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $113 | $1,356 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-113 | $-1,356 |
| NOI | $-113 | $-1,356 |
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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