52 Evelyn Place
St. John’s, NL, A1B4R1
6 Beds | 5 Baths
$699,900
About the property (MLS: 1261721):
Opportunity is knocking just a 3 minute drive from the Avalon Mall & just a couple minutes further to MUN & the Health Sciences Centre. Here’s yours chance to live on a 3.38 acre lot with 2 additional apartments to help finance your lifestyle with that ever increasing rental income. The chance to make money while you sleep or while you bbq in your large backyard. This property has tons of parking, a 2 car detached garage & a view of Cabot Tower from the master bedroom. Use your imagination because the potential is endless here. It has a new roof, siding, and an updated water system. The main house boasts 6 bedrooms, games room, dining room, family room, office & large eat in kitchen. It then has the added bonus of an above ground one bedroom in-law suite and a separate one bedroom penthouse suite with an amazing view of the city. You may never run out of space here! (id:56688)
Property Details
Listing ID: 25905359
Address: 52 Evelyn Place, St. John’s, Newfoundland & Labrador, Canada A1B4R1
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1975
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
View: View
Beds: 6
Baths: 5
1/2 Baths: 1
Heating: Oil
Sewer: Septic tank
Flooring: Hardwood, Laminate, Carpeted, Ceramic Tile, Mixed Flooring
Living Area Total: 5,698 square feet
Price per sq ft: $123
Tax Annual Amount: $3,754
Tax Year: 2023
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave
Foundation Details: Concrete
Heating: Oil
Flooring: Hardwood, Laminate, Carpeted, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.562515, -52.789606]
Rooms
| Main level | Laundry room Games room Dining nook Not known Not known Not known Bath (# pieces 1-6) Bedroom Dining room Kitchen Foyer Living room Ensuite Not known Not known Bath (# pieces 1-6) Not known | 9.6x5 feet 13x22.10 feet 8.5x13.6 feet 12.2x11 feet 11.10x12.90 feet 5.2x8.6 feet 4x7.6 feet 13x13 feet 13.6x13.5 feet 11.4x13.6 feet 9.3x10.5 feet 20x13.5 feet 11.7x7.4 feet 11.4x10.7 feet 10.2x10.4 feet 7.1x8.5 feet 5.3x14.8 feet |
| Other | Other | 581 Sq feet feet |
| Second level | Bedroom Bedroom Bedroom Primary Bedroom Bedroom Bedroom Bath (# pieces 1-6) | 16.1x14 feet 9.10x10.5 feet 11x14 feet 15.9x14.2 feet 13.1x9.10 feet 12.5x14 feet 9.1x10.5 feet |
Basic Calculator
First Mortgage: $559,920
Mortgage insurance premium: $0
Total Financing: $559,920
Rough closing fee (1.5%): ~ $10,499
Total downpayment with estimated closing fee: $150,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $6,268 | $75,216 |
| Gross rental income (income/principal ratio) | 0.896% | 10.747% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $875 | $10,500 |
| Vacancy | $314 | $3,761 |
| Management Fee | $502 | $6,018 |
| Expense / Income Ratio | 13.96% | 13.96% |
| Cash Flow | $4,579 | $54,948 |
| Net Operating Income (NOI) | $4,579 | $54,948 |
| Capitalization Rate | 0.65% | 7.85% |
