For sale · MLS® 1300961
4 Meadow Road
Freshwater, NL, A1Y1C6
List price
$179,900
About this propertyMLS® 1300961
A rare find in Freshwater C.B. extra lg building lot with ocean view. Also on the lot there's a large 42 long by 14 ft wide 16 ft height wired garage with 200 amp service plus a unique 12 x 38 ft tiny home currently used as a seasonal cottage. The tiny home has an open concept with addition sleeping space and storage in the loft area. The tiny home is wired, and connected to the Town's water but it does not have a septic system. The 3 pc bath has a compost toilet. The garage is perfect for Motor Home storage. New steel roof on the garage and the cottage. This lot is approximately 1.4 acres it has fantastic views from every angle. Lot has been approved for a septic system. This is a tax free area except for water, 235.00 garbage collection 275.00 and fire dept coverage fees 60.00. Perfect place for your forever home, a cottage, or RV parking. Only 5-7 minute drive to Carbonear 65 minutes to St. John's (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Other | 12x28 |
The essentials
Location, air, flood & taxes
Elevation
14 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 91 min to downtown St. John's114 km
- 90 min to Memorial University112.8 km
- 95 min to Avalon Mall119.5 km
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Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-225
NOI / month
$-225
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $225 | $2,700 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-225 | $-2,700 |
| NOI | $-225 | $-2,700 |
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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