For sale · MLS® 1304742
Lot 0 Pikes Road
Spread Eagle, NL, A0B1L0
List price
$79,500
About this propertyMLS® 1304742
Looking for the perfect place to build your dream cottage or a peaceful getaway for the whole family? This beautiful, nearly 2-acre wooded lot in Spread Eagle offers plenty of space, privacy, and possibilities! With lovely water views that could be further enhanced by selective tree trimming, you can create your own private retreat surrounded by nature. The generous lot size also offers exciting potential for two family members to build separate cottages. Spread Eagle is a popular cottage destination known for its natural beauty and year-round outdoor recreation. Located approximately one hour from St. John's, this property offers a wonderful escape without being too far from everyday conveniences. All major amenities are available within a reasonable drive, with the charming community of Dildo nearby. Whether you're planning a weekend retreat, a family cottage, or a place where generations can gather and make lasting memories, this property offers plenty of possibilities! A great opportunity to own a spacious piece of Newfoundland's beautiful countryside! An added bonus! The property already has power lines extending to the lot, along with an existing 30 x 32 concrete slab and a small trailer, all included in the sale. These existing features offer a great starting point for your future cottage plans. Purchasers are responsible for verifying development potential and obtaining all required permits and approvals. HST, if applicable, and associated permit and application fees are the responsibility of the purchaser. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
15 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$200 / year
≈ $17 / month
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
$17/mo
Principal & interest $0 + property tax $17 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-16
NOI / month
$-16
Cap rate
-0.24%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $17 | $200 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-16 | $-192 |
| NOI | $-16 | $-192 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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