For sale · MLS® 1301931
3 Woody Island Drive
Arnold's Cove, NL, A0B1A0
List price
$169,000
About this propertyMLS® 1301931
Opportunity Knocks! Whether you’re looking for an excellent investment property or a way to offset your mortgage with rental income, this spacious and well-maintained mobile home in scenic Arnold’s Cove offers an excellent opportunity. Constructed in 1992 and situated on a large, level lot, this home offers comfortable one-level living with the added benefit of a self-contained studio apartment. The main home features a bright, spacious eat-in kitchen with direct access to the side patio, a convenient laundry closet, and an oversized living room with vaulted ceilings. Two well-proportioned bedrooms and a main four-piece bathroom complete the living space. Located on the opposite side of the home, the self-contained studio apartment (unregistered) features a kitchenette, living area, bedroom, powder room, and separate shower. Currently rented for $395/month, including electricity and internet, the suite provides an excellent opportunity to generate additional income. Recent updates include a hot water boiler replaced in 2026, while the shingles are approximately 10 years old. This property is ideal for shift workers seeking an affordable home base while working on site, investors looking for rental income, or anyone seeking convenient one-level living. A great opportunity to own an affordable home with income potential! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Not known Not known Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | 3pc 11.8x15 5.3 x 5.5 4pc 9.8 x 8.4 9.6 x 10.10 15.0 x 14.9 14.3 x1 4.9 |
The neighbourhood
Arnold's Cove at a glance
Live market stats for Arnold's Cove — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
6
Median list price
$222k
Price range
$50k – $390k
Typical build
1984
Average size
1,919 sqft
Where Arnold's Cove listings are priced
Every active list price in Arnold's Cove, grouped into bands.
List price, thousands of $ · 6 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 2 |
| 200–300 | 2 |
| 300–400 | 2 |
How Arnold's Cove compares
Median list price against the next biggest markets — click a row for that area guide.
Arnold's Covenearby markets
The essentials
Location, air, flood & taxes
Elevation
43 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$884 / year
≈ $74 / month · assessment year 2026
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 1
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
$74/mo
Principal & interest $0 + property tax $74 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-211
NOI / month
$-211
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $74 | $884 |
| Expenses | $138 | $1,656 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-211 | $-2,532 |
| NOI | $-211 | $-2,532 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
Your details go straight to Haris — never shared, never spammed.