For sale · MLS® 1303170
36 Main Road
Noels Pond, NL, A0N1S0
List price
$185,000
About this propertyMLS® 1303170
Affordable Bungalow with Large Lot & Endless Potential Looking for a property you can make your own? This small bungalow offers an affordable opportunity for first-time buyers, investors, renovators, or anyone looking for a project with plenty of potential. The home features three small bedrooms, a kitchen, and a living room, providing a simple and functional layout. The property does require some TLC and updating, making it an ideal opportunity for someone looking to add their own personal touches and build equity. A new artesian well was installed in 2024, providing a valuable recent improvement. The large lot is another major feature of this property, offering plenty of room for future possibilities. Subject to municipal approvals and zoning, there may be potential to build another home on the property or construct a large detached garage, workshop, or other outbuilding. If you're looking for a property with a manageable home, a spacious lot, and the opportunity to create something special, this bungalow is worth a look. Bring your ideas and imagination and unlock the potential this property has to offer! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bedroom Bedroom Living room Bedroom Kitchen Bath (# pieces 1-6) Porch | 8.2 x 8.9 8.11 x 8.2 14.11 x 11.8 8.6 x 8.9 10.9 x 11.9 5.11 x 9.4 8.11 x 9.7 |
The essentials
Location, air, flood & taxes
Elevation
32 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$700 / year
≈ $58 / month
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
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
$59/mo
Principal & interest $0 + property tax $59 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-231
NOI / month
$-231
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $59 | $700 |
| Expenses | $173 | $2,076 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-231 | $-2,772 |
| NOI | $-231 | $-2,772 |
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
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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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