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Investment signal

$499,000

76 TIMBER Lane

Beds

Baths

Sqft

Year

1997

About this home

A TRIPLEX in North Rustico, featuring two main level two story units, and one walk out basement unit. The main level units have the same floor plans. Each side features a front deck that leads to the living room, an eat in kitchen with a side door entrance, and a main level half bathroom and laundry. The second floor features a full bathroom and three bedrooms. The spacious primary bedroom is next to the bathroom, and has a large double closet. The walk out basement unit features two bedrooms, one full bathroom, a kitchen and a living room with ample natural light. The property has asphalt driveways, and each unit has a lawn area. Robin?s donuts, the grocery store and restaurants are just a short walk away. North Rustico is a beautiful fishing town, offering scenic views of the harbor, a great park and boardwalk shops, and beautiful sandy beaches! (id:65958)

Subtype
Multi-family
Lot size
0.24 acres
MLS#
202607549
Area
NORTH_RUSTICO
Negative cash flow ~$1,007/mo at these assumptions

Cash on cash

-12.10%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,559

Financing

Down payment$99,800
Loan amount$399,200
Mortgage$2,449/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$416
CapEx reserve$208
Vacancy loss$125

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

Estimated $2,449/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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