About this propertyMLS® 1304342
50 Main street offers over 1500 square feet of living space, with a generous eat-in kitchen, living area with heat pump, three bedrooms, and one and a half bathrooms on the main level, a walk out basement and single car garage on lower level, plus spacious storage areas, lots of shelves and cabinets, a large triple sink, a deep freeze, and a separate room off the garage with an attached storage room and deep walk-in closet, ideal for a craft or hobby room or an office or gym space. Set on a large lot with 5 outbuildings once used for farming, this property is full of charm and history with farmstead roots waiting for revival. There's over half an acre of land with endless possibilities for equipment, recreational toys, gardening and homesteading. This spacious affordable property is on the Eastport Peninsula, only 20 minutes to Terra Nova National Park, 15 minutes to Salvage, and 10 minutes to sandy beaches in Eastport and Sandy Cove. (id:56688)
Specifications
Property details
Room by room
Rooms
| Lower level | Office Not known | 8 x 9.8 13 x 15 |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Other Family room/Fireplace Eat in kitchen Bath (# pieces 1-6) Foyer | 5 x 13 6 x 12 8 x 11 11 x 13 3.7 x 23 14 x 16 12 x 15 4 x 5 8 x 11 |
The essentials
Location, air, flood & taxes
Elevation
37 m above sea level
Property tax
$690 / year
≈ $58 / month · assessment year 2026
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
$-331
NOI / month
$-331
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $58 | $690 |
| Expenses | $274 | $3,288 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-331 | $-3,972 |
| NOI | $-331 | $-3,972 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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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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