812 Southside Road
St. John's, NL, A1E1A7
3 Beds | 4 Baths
$375,000
About the property (MLS: 1263994):
Great Riverfront home in the West End of St. John's. This Home is fully developed and freshly painted throughout. New Laminate floors in the basement and Bedrooms. A short Distance to Downtown St. John's you can sit in your backyard and enjoy the sound of the river as you relax in the evening. Bright and open Concept lends itself to those who like to entertain. The Attached garage has room for the Car and the Snow blower. (id:56688)
Property Details
MLS: 1263994
Listing ID: 26117144
Address: 812 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A7
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2003
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted, Other
Lot Size Area: 2629
Living Area Total: 1,950 square feet
Price per sq ft: $193
Tax Annual Amount: $2,457
Tax Year: 2023
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.531228, -52.738391]
Listing ID: 26117144
Address: 812 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A7
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2003
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted, Other
Lot Size Area: 2629
Living Area Total: 1,950 square feet
Price per sq ft: $193
Tax Annual Amount: $2,457
Tax Year: 2023
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.531228, -52.738391]
Rooms
| Basement | Recreation room Office | 18x 13 feet 10.8 x 7.6 feet |
| Second level | Ensuite Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 4pc 4pc 12.6 x 12 feet 10.8 x 9.3 feet 12 x 9.3 feet |
| Main level | Bath (# pieces 1-6) Living room Eating area Kitchen | 2pc 15.9 x11.2 feet 10x10 feet 13.5 x11.2 feet |
Basic Calculator
First Mortgage: $300,000
Mortgage insurance premium: $0
Total Financing: $300,000
Rough closing fee (1.5%): ~ $5,625
Total downpayment with estimated closing fee: $80,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,145 | $25,740 |
| Gross rental income (income/principal ratio) | 0.572% | 6.864% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $469 | $5,628 |
| Vacancy | $108 | $1,287 |
| Management Fee | $172 | $2,060 |
| Expense / Income Ratio | 21.86% | 21.86% |
| Cash Flow | $1,398 | $16,776 |
| Net Operating Income (NOI) | $1,398 | $16,776 |
| Capitalization Rate | 0.37% | 4.47% |
Capitalization Rate: 4.47%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $535,715
