About this propertyMLS® 1303925
Unique investment and lifestyle opportunity in the heart of scenic Trinity East, ideally situated along the renowned Skerwink Trail on the breathtaking Bonavista Peninsula. Trail House was fully renovated in 2006 and 2007, blending character and comfort in an exceptional coastal setting. Trail House (yellow) offers an open-concept kitchen, dining, and living space, two bedrooms, a 4-piece bathroom, a spacious front patio, and access to the shared laundry located in Station House. Operating successfully as a vacation rental business and being sold fully furnished and turnkey, making it easy to continue as an income-producing property or enjoy as a personal retreat. The property is for sale as a package deal ONLY with 3 Marshall's Hill ($199,900 each). The properties share a drilled well, septic system, and electrical services. Located just steps from world-class hiking, spectacular coastal scenery, and exceptional local amenities, this property is within walking distance to popular destinations including Fishers' Loft Inn, Port Rexton Brewing Co., Two Whales Coffee Shop, and The Brightside Bistro. Also only minutes away is the historic community of Trinity, known for its celebrated theatre, dining, shopping, whale watching, boat tours, and picturesque walking trails. HST is applicable to the purchase price. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Eating area Kitchen Living room Porch | 4pc 12.8 x 8.5 12.8 x 8.5 8.10 x 14.2 8.2 x 14.2 9.05 x 13.9 7.5 x 7.5 |
The essentials
Location, air, flood & taxes
Elevation
23 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 1
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Calculators & neighbourhood
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Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-250
NOI / month
$-250
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $250 | $3,000 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-250 | $-3,000 |
| NOI | $-250 | $-3,000 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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