About this propertyMLS® 1301801
A rare opportunity - Large corner lot (that can be divided to produce an extra serviced building lot) with a 2 bay detached garage. Lovely Split entry home with a Country kitchen, cherry oak cabinets and hardwood floors in the living room, stairs, and hall. 3 bedrooms, full bathroom and a 1/2 bath ensuite with washer and dryer off the primary bedroom. The basement has a large family room, utility room, storage and massive open space for future development or storage. Ocean views from the back deck. Easy Access to the CBS highway and all CBS Amenities. Oversized corner lot that would allow an extra serviced building lot. (Approved in principle with Town of CBS in 2026). Enjoy living on over a half acre lot with detached garage or build on or sell the extra lot that is included in the sale! Directions:Corner of Foxtrap Access Road & McCutcheons Road. (id:56688)
Property details
Coordinates: [47.501407, -52.99695]
Rooms
| Basement | Other Utility room Storage Family room | 12.1x10.7 null 18.2x11.5 null 25.4x15.1 null 11.11x25 null |
| Main level | Foyer Ensuite Bedroom Bedroom Bedroom Primary Bedroom Living room/Dining room Living room | 6.10x5.9 null 8.10x5.1 null 6.1x6.3 null 8.10x12.7 null 9.10x12.7 null 13.2x11.7 null 16.10x15.6 null 15.8x20 null |
Basic Calculator
First Mortgage: $367,920
Mortgage insurance premium: $0
Total Financing: $367,920
Rough closing fee (1.5%): ~ $6,899
Total downpayment with estimated closing fee: $98,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,579 | $30,948 |
| Gross rental income (income/principal ratio) | 0.561% | 6.729% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $575 | $6,900 |
| Vacancy | $129 | $1,548 |
| Management Fee | $207 | $2,476 |
| Expense / Income Ratio | 22.30% | 22.30% |
| Cash Flow | $1,669 | $20,028 |
| Net Operating Income (NOI) | $1,669 | $20,028 |
| Capitalization Rate | 0.36% | 4.35% |
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