For sale · MLS® 1304751
4A Pond Teal Road
Ramea, NL,
List price
$39,900
About this propertyMLS® 1304751
This quaint little home offers opportunity for all sorts of buyers. Whether you are looking for a summer home or looking for somewhere affordable to live. Perhaps you are an investor and looking to buy a low risk investment property. This is the one to catch your attention! This Sweet little 2 bed , 1 bath bungalow offers you a cozy, well kept property to live on the island of Ramea! Heated by base boards and electric heating, this home will have low heating costs. One level living and coming FURNISHED to relieve the new purchaser of having to transport furnishings to the island. This one is move in ready and is waiting for its new owner. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Living room Office Kitchen Other Laundry room Bedroom Bath (# pieces 1-6) Bedroom | 13.3 x10.5 7.6 x 8.1 13.2 x 15.6 3.5 x 14.3 9.8 x 9.5 9.7 x 10.1 9.11 x 7.10 11 x 10.3 |
The essentials
Location, air, flood & taxes
Elevation
14 m above sea level
Property tax
$974 / year
≈ $81 / month
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 1
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
$82/mo
Principal & interest $0 + property tax $82 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-81
NOI / month
$-81
Cap rate
-2.44%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $82 | $974 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-81 | $-972 |
| NOI | $-81 | $-972 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
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Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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