For sale · MLS® 1304760
12 Main Street
Deadman's Bay, NL, A0G1V0
List price
$130,000
About this propertyMLS® 1304760
If you’ve been dreaming of a home near the ocean, this two-bedroom property offers a wonderful opportunity to enjoy coastal living with plenty of space inside and out! Featuring ocean views and located just steps from a large sandy beach, this home is perfectly positioned for those who love the outdoors, beach days, and the peaceful charm of Newfoundland’s coastline. Several updates have already been completed, including newly upgraded siding within the past year, almost all new windows, and two new exterior doors. The bathroom was also upgraded approximately 10 years ago. Both bedrooms are generously sized, with one featuring a double closet and the other offering a walk-in closet for additional storage. The home features 200-amp electrical service, electric heat, and a combination wood and oil furnace. Although the oil tank has been removed, the furnace remains operational on wood alone, providing an additional heating option. Downstairs, the undeveloped basement offers plenty of potential for future use, with some drywall already in place and concrete flooring. Outside, you’ll find two detached outbuildings, including a large shed with enough space to accommodate a vehicle and a barn currently used for firewood storage. Enjoy being just steps from Deadman's Bay Provincial Park Beach and minutes from the famous Lumsden Beach and Musgrave Harbour Beach, with local stores nearby for everyday necessities. For additional amenities and services, both Gambo and Gander are just over an hour away by car! Whether you’re searching for a year-round home, a coastal getaway, or a property with room to make it your own, this home offers a fantastic opportunity to enjoy the beauty and lifestyle of Newfoundland’s east coast! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Other Other Other Other Recreation room | 8.2x5.6 22.1x11.8 24.84x8.81 5.8x8.5 14.2x10.2 |
| Main level | Bedroom Primary Bedroom Bath (# pieces 1-6) Living room Dining room Kitchen Porch | 13.5x9.4 12.5x12.8 9.5x4.7 9.6x16.3 8.7x9.5 13.8x10.7 4.4x3 |
The essentials
Location, air, flood & taxes
Elevation
5 m above sea level
Property tax
$636 / year
≈ $53 / month
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$53/mo
Principal & interest $0 + property tax $53 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-163
NOI / month
$-163
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $53 | $636 |
| Expenses | $110 | $1,320 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-163 | $-1,956 |
| NOI | $-163 | $-1,956 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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