7 Cabot Road photo 11 / 19

MLS #1283425

7 Cabot Road

Clarenville

$850,000

5,280 sqft
Other
Source Listing

Property Details

Discover an exceptional investment in a prime location this 10 unit was build in 2011 and has over 2 acers of property included .well maintained, turnkey condition ,strong potential for income or future development , This property blends modern construction with natural beauty .making it ideal for investors seeking both stability and growth potential. Enjoy the breathtaking ocean view. Garage 20 X 24 for extra storage ,additional 20 X 16 structure designed for leisure activities such as a pool table ,darts, or a game room setup. Don't miss your chance to own a piece of paradise. (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$850,000
Down Payment - 8%$68,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$5,788

Mortgage Payment
$4,686
Property Tax
$602
Insurance
$150
Utilities
$350
Down Payment
$68,000
Loan Amount
$782,000
Total Interest
$623,835

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

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