About this propertyMLS® 1301050
Privacy and tranquility at its best overlooking, Ship Cove, Fox Island, and the waters of Trinity Bay, on 5 1/4 acres of lush natural landscape. Whether it is the view from the house or panorama from the Wisdom Rock, it may just take your breath away. Originally build by Paul Kind, this house, suitable for year round or seasonal living is substantial with 2400 sq ft of living space plus a walk out basement which included a root / wine cellar. The house has seen many improvements by the current owners including a substantial extension showing the signature attributes of work by Mike Paterson. The main level is perfect for entertaining with a very bright and large ""L"" shaped open space including kitchen and dining area with panoramic viewing and cozy living room with propane fireplace. There is an adjacent main floor bedroom with attached sitting room which leads to the tranquil patio area. The main floor also boasts an office off the kitchen for those who occasionally work from home. This could also serve as another bedroom if needed. There is a full bathroom on the main and a large foyer / porch area. The second level has two bedroom with the same outstanding views as level 1. The master includes an adjacent sitting room and nursery with access to the a sunny back hillside deck and ramp access to the back garden. Multiple skylights enhance the light on this level. (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Other Laundry room Cold room | 24 x 30 12 x 12 12 x 18 |
| Second level | Bedroom Other Other Primary Bedroom | 11 x 10 10 x 20 17.5 x 12 15 x 19 |
| Main level | Dining room Living room/Fireplace Kitchen Office Other Bedroom Porch | 11 x 20 14.5 x 11.5 11.5 x 11 13 x 6.5 10 x 11.5 11.5 x 11.5 12 x 7 |
The essentials
Location, air, flood & taxes
Elevation
44 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,434 / year
≈ $120 / month
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Schools 1
Cafés 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$120/mo
Principal & interest $0 + property tax $120 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-1,312
NOI / month
$-1,312
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $120 | $1,434 |
| Expenses | $1,193 | $14,316 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-1,312 | $-15,744 |
| NOI | $-1,312 | $-15,744 |
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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