25A Sampson's Lane photo 11 / 10

MLS #1298709

25A Sampson's Lane

Freshwater

$69,900

1 Bed
1 Bath
500 sqft
Single Family
Source Listing

Property Details

Why rent when you can own? This charming and affordable one-bedroom home offers the perfect opportunity for first-time buyers, investors, or those looking to downsize. Nestled on a peaceful street in the heart of Freshwater, Placentia Bay, this quaint home features a cozy and functional layout designed for easy living. The spacious primary bedroom includes a delightful reading nook—the perfect spot to relax with a good book and enjoy some quiet time. Several important upgrades have already been completed, including updates to most of the plumbing, a new hot water boiler installed in November 2024, and a 200-amp electrical service, providing peace of mind for years to come. Conveniently located just minutes from Argentia, this property also presents an excellent investment opportunity for those seeking rental income or a low-maintenance addition to their portfolio. Affordable, inviting, and full of potential, this home is a wonderful opportunity to step into homeownership or secure a smart investment in a growing area. Don't miss your chance to make it yours! (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$69,900
Down Payment - 5%$3,495
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,023

Mortgage Payment
$398
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$3,495
Loan Amount
$66,405
Total Interest
$52,974

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

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