For Sale · Specialty

33 Boot Brook Road, Howley

33 Boot Brook Road, Howley, Newfoundland & Labrador A0K3E0

$234,900 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Year Built

1981

About this property

If you’re in the market for a peaceful waterfront getaway, this charming cabin on Sandy Lake is worth a look! Located on Boot Brook Road, this property offers direct waterfront access, allowing you to launch your boat right from your own front yard and enjoy everything lakefront living has to offer. Situated on approximately 1.14 acres, the property provides plenty of space and privacy. Mature trees along the boundaries create a natural setting and help provide a sense of seclusion, making this an ideal place to relax, unwind, and enjoy the tranquility of the surrounding area. The cabin itself has plenty of character and rustic appeal, featuring a durable metal roof and a welcoming covered front deck. Imagine starting your mornings with a coffee overlooking the lake or spending quiet evenings on the deck while taking in the peaceful surroundings. Inside, the cabin features a comfortable open-concept kitchen, dining, and living area, creating a bright and inviting space for family and friends to gather. The main floor also includes a three-piece bathroom and the primary bedroom, offering convenient single-level living. Upstairs, you’ll find two additional bedrooms, making this cabin a great option for family, guests, or weekend getaways. The upper level also offers a beautiful view of Sandy Lake, providing a wonderful backdrop to your stay. Best of all, the property is being offered fully furnished, making it an excellent opportunity for someone looking for a ready-to-enjoy waterfront retreat. Whether you’re looking for a seasonal getaway, a place to spend quality time with family and friends, or simply a peaceful escape from the everyday, this Sandy Lake property offers privacy, waterfront access, beautiful views, and the relaxed lifestyle that comes with owning a lakefront cabin. No Conveyance of any written signed offers prior to 12pm on the 27th of September The seller further directs that all offers remain open for acceptance until 5pm on September 27 (id:66811)

Financial sandbox

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Estimate
Purchase price$235K
Down payment30% · $70K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$2K

Cash-on-cash

2.96%

DSCR

1.16

Going-in cap

6.43%

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

121,991

Households

44,716

Median income

$118,000

Median age

33.6

Daytime population

137,089

5-yr growth

3.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 33 Boot Brook Road, Howley.

NDA required
  • 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.