For sale · MLS® 1302753
3 Eric's Road
Eastport, NL, A0G1Z0
List price
$154,900
About this propertyMLS® 1302753
Looking for a character-filled home steps from a sandy beach? Dreaming of a picturesque summer getaway, or a promising investment property? Welcome to 3 Eric’s Road in Eastport, Newfoundland. This charming original saltbox home was floated from nearby Flat Island in the early 1950s during Newfoundland’s resettlement period. Beautifully renovated, thoughtfully restored, and an immaculately cared for piece of Newfoundland history - just steps from Eastport Beach and the Damnable Trail, and minutes from the historic community of Salvage. Whether you’re looking for a year-round residence, a personal vacation retreat, or an income-generating, short-term rental, this bright yellow charming 2-story saltbox offers a cozy footprint without sacrificing character or comfort, in one of Newfoundland’s most sought-after coastal destinations. Fully furnished in a whimsical and rustic style, this historic home is ideally located, offering remarkable ocean and beach views. There are two inviting outdoor spaces – an open upper deck and a lower covered deck, both furnished for relaxing outdoor gatherings and enjoying the surrounding coastal breeze. Large lot with plenty of room for expansion... Book your private showing and plan your Fall escape! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Other Mud room Kitchen Living room/Dining room | 3 x 12 10 x 5 5.5 x 10 9 x 13.5 |
| Second level | Bedroom Den Bath (# pieces 1-6) | 12 x 10 8 x 7 6.5 x 6 |
The essentials
Location, air, flood & taxes
Elevation
11 m above sea level
Property tax
$1,125 / year
≈ $94 / month
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
$94/mo
Principal & interest $0 + property tax $94 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-193
NOI / month
$-193
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $94 | $1,125 |
| Expenses | $100 | $1,200 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-193 | $-2,316 |
| NOI | $-193 | $-2,316 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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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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