For sale · MLS® 1302660
23 Shea's Lane
Brigus, NL, A0A1K0
List price
$89,500
About this propertyMLS® 1302660
YOUR NEXT PROJECT AWAITS Tucked away at the very end of peaceful Sheas lane, this unique property offers a rare opportunity to create your own slice of paradise in one of Newfoundland's most charming historic communities. Surrounded by mature trees and the quiet of nature, the setting is truly something special. Private, picturesque, and full of potential. The home itself had a fire approximately 10 years ago and remails in need of substantial work. One section of the house is closed off, though the current owners still occupy the remaining space. With a dug well and septic system already in place, the groundwork is set for someone ready to take on a renovation or rebuild. Whether you envision restoring the existing structure or starting fresh, this property offers incredible value for the right buyer. If you've been searching for a peaceful location with character, charm, and endless possibilities, Shea's Lane may be the perfect place to begin your next chapter. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Kitchen Living room | 8x12 11x17 |
The essentials
Location, air, flood & taxes
Elevation
64 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$350 / year
≈ $29 / month
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 66 min to downtown St. John's73.2 km
- 67 min to Memorial University72.5 km
- 72 min to Avalon Mall79.2 km
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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
$30/mo
Principal & interest $0 + property tax $30 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-111
NOI / month
$-111
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $30 | $350 |
| Expenses | $82 | $984 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-111 | $-1,332 |
| NOI | $-111 | $-1,332 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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