$479,900
615 New Road
Beds
3
Baths
2
Sqft
—
Year
2013
About this home
Coastal Lifestyle + Income Potential on 4.5 Acres. Walk to Skinners Cove from this custom 2013 ICF-built home (foundation to roofline) offering exceptional efficiency and year-round comfort. Thoughtfully designed for passive solar heat. Bright, open-concept main level with wood finishes, island cooktop, and wood-fired bakers oven. Upper-level primary with balcony and distant ocean views, and cheater ensuite with 5' walk-in shower w double rainheads and handheld, main floor laundry. Lower level feels so spacious with higher than typical ceilings, offers walkout, wood fireplace, and future BRM potential (egress windows easy to insert). The Dream Outbuilding - 40x38 garage/shop with 16 ceilings - ideal for boat/RV storage, mechanics, or home-based business. Separate charming cottage with vaulted ceilings/exposed beams is perfect for short or long-term rental income, guest space or art studio. Let your imagination run wild with the possibilities. Attached one car garage also. Paved road, CanExel siding, heat pumps. Minutes to Tatamagouche and the warmest waters in NS. Live, work, and earn - coastal property with serious upside. (id:65958)
- Subtype
- Single Family
- Lot size
- 4.5 acres
- MLS#
- 202607519
- Area
- MELVILLE
Cash on cash
-12.19%
Cap rate
3.45%
GRM
16.7
Break-even rent
$3,426
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.