20 Kingwell Crescent photo 11 / 42

MLS #1297570

20 Kingwell Crescent

Arnold's Cove

$257,000

4 Beds
2 Baths
1,910 sqft
Single Family
Source Listing

Property Details

Nestled along the shores of beautiful Placentia Bay, 20 Kingwell Crescent offers the kind of view that never gets old, where ocean breezes roll in daily and the water becomes your backdrop. With a little elbow grease and TLC, this property has all the ingredients to become a stunning oceanfront retreat or savvy income generating investment. Sitting on a generous lot, there’s plenty of room to expand your vision, whether that’s creating the ultimate coastal getaway, family home, or rental property. Location is another major asset here. Positioned just minutes from Bull Arm and the Come By Chance refinery, this home offers excellent potential for workers seeking accommodations in the area, making it an attractive option for investors looking to capitalize on local industry demand. Quiet coastal charm meets opportunity here, with breathtaking scenery, fresh sea air, and untapped potential wrapped into one property. (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$257,000
Down Payment - 5%$12,850
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,145

Mortgage Payment
$1,463
Property Tax
$182
Insurance
$150
Utilities
$350
Down Payment
$12,850
Loan Amount
$244,150
Total Interest
$194,769

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

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