34 Cabot Drive photo 11 / 39

MLS #1298975

34 Cabot Drive

Bay Bulls

$379,900

5 Beds
2 Baths
2,266 sqft
Two-Apartment Home
Source Listing

Property Details

Welcome to 34 Cabot Drive, Bay Bulls, a unique opportunity to own a vacant, registered two-apartment home situated on an impressive 1.2-acre lot with potential for future development. Whether you're an investor, homeowner looking for rental income, or someone seeking extra space, this property offers incredible flexibility. The home features a self-contained apartment and is complemented by a large detached double garage with three garage doors, providing ample room for vehicles, equipment, storage, or workshop space. With the possibility of subdividing the land into two separate lots (subject to approvals), this property presents excellent long-term value in a growing community just a short drive from St. John's and only seconds from the ocean. (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$379,900
Down Payment - 5%$18,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,932

Mortgage Payment
$2,163
Property Tax
$269
Insurance
$150
Utilities
$350
Down Payment
$18,995
Loan Amount
$360,905
Total Interest
$287,909

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

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