For sale · MLS® 1303049
5 Hancocks Road
Deer Lake, NL, A8A1M4
List price
$105,000
About this propertyMLS® 1303049
Say Hello to this handsome home in Deer Lake on 5 Hancocks Road. Perfect for do it yourself types or someone looking for a rental investment. This cute 2 bedroom home needs some tender loving care. All the potential is here to create whatever your heart desires. This one is for the folks who don't mind a bit of work. Being sold as is where is, all contents will be sold with the home. The size of the land lot is where you can really use your imagination to get creative! This property is being sold as is. Know issues are as follows: Hot water tank has a leak, oil tank is outdated as of August 2026, wiring needs to be upgraded. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Porch Bedroom Living room Bath (# pieces 1-6) Bedroom Laundry room Kitchen Porch | 5x6 10x8 13x13 10x7 13x10 6x6 10x13 6x6 |
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Property tax
$987 / year
≈ $82 / month · assessment year 2026
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
$83/mo
Principal & interest $0 + property tax $83 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-131
NOI / month
$-131
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $83 | $987 |
| Expenses | $49 | $588 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-131 | $-1,572 |
| NOI | $-131 | $-1,572 |
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
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