2 Penney's Road photo 11 / 9

MLS #1292521

2 Penney's Road

Holyrood

$320,000

Vacant Land
Source Listing

Property Details

PENNEY'S ROAD, NORTH ARM HOLYROOD NL...Welcome to one of the most scenic towns on the Avalon, where there is so much happening from the famous Board Walk on the beach to the Marine Institute with its state of the art Ocean Technology, the Willows golf course, the Holyrood Marina, the new Tim Hortons, an ever expanding Holy Cross Elementary School and two Day Cares Centre's, two major land developments, Marina Shores and Mountain View Estates and the list goes on! There's pride of ownership everywhere in this Town and it shows!! So we introduce to you...2 Penney's Road, North Arm and a 7.91 Acre Oceanfront Estate...Wow!! This property has been family owned forever and is offered to the market place for the first time. This secluded waterfront estate will amaze you with a boreal forest and the opportunity to vision what you want in this property. This property has access on a public road that will need upgrading to access the property by vehicle. The views from this place are amazing...Bell Island, Conception Bay, Kelley's Island, Holyrood Harbour and North Arm...unobstructed views forever!! Whether this waterfront estate becomes a private oasis with outstanding ocean views or if by chance this property has the potential to be sub-divided into 1-lots or whatever other combination you desire...Be it family to buy and subdivide...it's up to you. Come walk this place...Vision what this place could be...You decide if this is where you want to be...Don't Delay...Call Today!! (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$320,000
Down Payment - 5%$16,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,549

Mortgage Payment
$1,822
Property Tax
$227
Insurance
$150
Utilities
$350
Down Payment
$16,000
Loan Amount
$304,000
Total Interest
$242,514

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

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