58 Mountain View Road photo 11 / 45

MLS #1296143

58 Mountain View Road

Salvage

$230,000

5 Beds
4 Baths
3,113 sqft
Two-Apartment Home
Source Listing

Property Details

Welcome to 58 Mountain View Road in Stunning Salvage NL! This large home has endless possibilities, it is setup right now as a two apartment home all on the main floor. The Main unit features 3 bedrooms, 2 full baths, with a large living area and large eat in kitchen. The main unit has great features such as the stainless steel appliances, a new mini split, as well as a large laundry/storage area. The back unit features 2 bedrooms and one bath and features a open living/dining/kitchen area. There is lots of potential with the back unit that could be used as either a great in law suite or a full time rental or as the vendors are using it as a Airbnb. The basement is partially finished with large storage areas and with an additional mini split in the basement. In the basement there is a bonus room which they previously used as a bedroom and it also has a full bathroom off the bedroom as well. This property has lots of potential in a sought after area with a ocean view there is lots of value here! (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$230,000
Down Payment - 5%$11,500
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,972

Mortgage Payment
$1,309
Property Tax
$163
Insurance
$150
Utilities
$350
Down Payment
$11,500
Loan Amount
$218,500
Total Interest
$174,307

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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