1/264 Grasbo Acres - Hodgewater Line, Makinsons
4 Grasbo Acres - Hodgewater Line, Makinsons, Newfoundland & Labrador A0A2X0
$139,900 total
—
Asset Class
Specialty
Size
—
Building class
B
Zoning
US — Urban Services
$ / SF
—
Occupancy
92%
Year Built
1996
About this property
Enjoy a little cabin escape at 4 Grasbo Acres, just off Hodgewater Line. Set on a private, full-acre lot with access to Grand Pond across the road, this cozy two-bedroom, one-bath property offers a welcoming place to unwind and enjoy the outdoors. Inside, the comfortable living and dining area connects with a practical kitchen, while front and side decks extend the living space outside. A detached shed offers handy storage. Recent improvements include a new circular driveway and landscaping completed this past summer, a new roof in 2025, and a 12,000-BTU mini-split installed in July 2026. With year-round access, the property is approximately 45 minutes from St. John’s and 15 minutes from Bay Roberts. Could this be your little getaway? Book your viewing today! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$646
Projected NOI
$9K
Annual cash flow
$2K
Cash-on-cash
4.07%
DSCR
1.22
Going-in cap
6.76%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
81,342
Households
31,884
Median income
$66,000
Median age
37.7
Daytime population
76,803
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4 Grasbo Acres - Hodgewater Line, Makinsons.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.