For sale · MLS® 1303982
2 Main Street
Northern Arm, NL, A0H1E0
List price
$189,900
About this propertyMLS® 1303982
Listed in the scenic oceanfront Town of Northern Arm overlooking the ocean and situated alongside a popular salmon fishing river is this 2 bedroom bungalow. Enjoy the ocean breeze as you sip your morning coffee on your spacious deck overlooking the beautiful Bay of Exploits. Main level features an eat in kitchen, living room with patio doors, 2 bedrooms and main bath with stand up shower. Exterior of home has been completed with vinyl windows, doors and siding, new shingles on both house and storage shed and front deck with an amazing view of the ocean. This property sits on a large parcel of land and could possibly be subdivided for future development. Home is heated by baseboard electric heat, wood stove and mini split heat pump. all new pex plumbing and electrical as well(2014). This home would be great as a starter home, Airbnb, rental property or anyone looking to downsize . (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Living room Eat in kitchen | 7.0x4.8 9.0x9.1 11.1x10.1 19.4x12.1 17.1x9.1 |
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$690 / year
≈ $58 / month · assessment year 2026
Climate
Jan -3° · Jul 23°
normal daily high · RATTLING BRK NORRIS ARM station · 1991–2020
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$58/mo
Principal & interest $0 + property tax $58 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-237
NOI / month
$-237
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $58 | $690 |
| Expenses | $180 | $2,160 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-237 | $-2,844 |
| NOI | $-237 | $-2,844 |
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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