About this propertyMLS® 1304709
RARE LAKEFRONT OPPORTUNITY ON BEAUTIFUL PAUL’S LAKE! Located just off the highway in the Badger area, this charming two-bedroom, one-bathroom cottage offers the perfect getaway for outdoor enthusiasts or anyone looking for a peaceful retreat! Situated on a level, landscaped lot with beautiful lake frontage, this property features a large patio, private wharf, two storage sheds one measuring 20x20 and the other 10x12, and a outhouse. The exterior of the cottage is finished with vinyl siding and new shingles. The cozy interior features a side porch, a welcoming kitchen and living room with patio doors leading to the spacious patio, perfect for relaxing and taking in the beautiful surroundings. There are also two bedrooms, a bathroom with a stand-up shower, and a convenient storage closet complete with a washing machine. The cottage is heated by electric heat and a woodstove, providing warmth and comfort throughout the seasons. Whether you enjoy hunting, fishing, snowmobiling, boating, or simply relaxing by the water, this property is ideally situated to enjoy everything the great outdoors has to offer! With convenient highway access and stunning lakefront surroundings, this is an opportunity you won’t want to miss. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Porch Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | 11.3x5.8 5.6x6.8 9x8.7 10.1x9.3 12.6x8.7 13.4x13.4 11.7x14.3 |
The essentials
Location, air, flood & taxes
Elevation
124 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
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Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-313
NOI / month
$-313
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $313 | $3,756 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-313 | $-3,756 |
| NOI | $-313 | $-3,756 |
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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