For sale · MLS® 1302559
102 Main Road
Town of Fogo Island (Joe Batt's Arm), NL, A0G2X0
List price
$60,000
About this propertyMLS® 1302559
Ocean view land located in the heart of Joe Batt’s Arm on Fogo Island. This approximately 13,000 sq/ft lot offers stunning views of the harbour and the iconic Fogo Island Inn, creating a rare opportunity in one of Newfoundland’s most sought-after coastal destinations. Featuring mixed residential and commercial zoning, this property is ideally suited for a variety of uses—from building your dream home to developing a small business or tourism-based venture. Municipal water and sewer services are available, along with convenient year-round road access, making it ready for immediate development. Strategically located next to established local businesses, including Island Massage Therapy and Tina’s Convenience & Gas Bar, and just minutes from scenic hiking trails, restaurants, and world-class whale watching. With consistent tourist appeal and strong community charm, this property offers both lifestyle and investment potential in a truly unique setting. If hst and permits are applicable it will be responsibly of the purchaser. Water and sewer services are available, not hooked up. To be responsibility of the purchasers. Current owner does have approval in principle for sub dividing the land/ lot and will cover the cost of this. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Town of Fogo Island (Joe Batt's Arm) at a glance
Live market stats for Town of Fogo Island (Joe Batt's Arm) — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
1
Median list price
$60k
Price range
$60k – $60k
Where Town of Fogo Island (Joe Batt's Arm) listings are priced
Every active list price in Town of Fogo Island (Joe Batt's Arm), grouped into bands.
List price, thousands of $ · 1 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
How Town of Fogo Island (Joe Batt's Arm) compares
Median list price against the next biggest markets — click a row for that area guide.
Town of Fogo Island (Joe Batt's Arm)nearby markets
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$190 / year
≈ $16 / month
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 1
Cafés 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
$16/mo
Principal & interest $0 + property tax $16 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-15
NOI / month
$-15
Cap rate
-0.30%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $16 | $190 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-15 | $-180 |
| NOI | $-15 | $-180 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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