For sale · MLS® 1301925
500G Fox Head Road
McKays, NL, A0N1G0
List price
$120,000
About this propertyMLS® 1301925
Two-Cabin Property with River Views & Great Airbnb Potential Looking for a getaway property or a great summer investment? This unique property features two cabins, offering plenty of space and excellent potential for a seasonal Airbnb or family retreat. The first cabin features a bright open-concept kitchen and living room, two bedrooms, and a 3-piece bathroom. The kitchen offers lots of counter space, and the cabin has a drilled well and a great yard, perfect for relaxing or entertaining outdoors. The second cabin needs some TLC but offers an open-concept kitchen, dining room, and living room, along with two bedrooms and a half bathroom. Best of all, this cabin boasts beautiful views of the river. Both cabins have their own shed, providing convenient storage for outdoor equipment, tools, and recreational gear. With two separate cabins, beautiful river views, and plenty of potential, this property is an excellent opportunity for someone looking to enjoy the summer months or create a profitable Airbnb getaway. Don’t miss out on this great investment opportunity! Call today to book your private viewing. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bedroom Bath (# pieces 1-6) Bedroom Living room Eat in kitchen Bedroom Bath (# pieces 1-6) Bedroom Living room Eat in kitchen | 7.00 x 8.00 4.00 x 5.00 7.00 x 8.00 9.00 x 14.00 14.00 x 10.00 9.00 x 12.00 5.00 x 7.00 8.00 x 9.00 12.00 x 13.00 12.00 x 12.00 |
The essentials
Location, air, flood & taxes
Elevation
4 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$250 / year
≈ $21 / month
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$21/mo
Principal & interest $0 + property tax $21 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-149
NOI / month
$-149
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $21 | $250 |
| Expenses | $129 | $1,548 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-149 | $-1,788 |
| NOI | $-149 | $-1,788 |
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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