About the property (MLS: 1268109):
Beautiful two storey home in Southlands. Fully landscaped with nursery sods. Some of the standard features include Low E argon gas windows, R50 insulation in attic, R25 walls including a 1" SM under siding and 35 year shingles, basement exterior walls insulated. In-floor electric heating in bathrooms, laundry room and front vestibule. Kitchen will be complete with quartz countertops and appliances. HST included in purchase price. (id:56688)
Property Details
MLS: 1268109
Listing ID: 26550399
Address: 59 Sugar Pine Crescent, St. John's, Newfoundland & Labrador, Canada A1H0K8
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2023
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,611 square feet
Price per sq ft: $200
Tax Annual Amount: $6,552
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Microwave, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.493667, -52.826213]
Listing ID: 26550399
Address: 59 Sugar Pine Crescent, St. John's, Newfoundland & Labrador, Canada A1H0K8
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2023
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,611 square feet
Price per sq ft: $200
Tax Annual Amount: $6,552
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Microwave, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.493667, -52.826213]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Ensuite Primary Bedroom | 4 Pce feet 9.6 x 10.5 feet 10 x 16 feet 13 x 13.8 feet 5 Pce feet 12.2 x 16.2 feet |
| Main level | Bath (# pieces 1-6) Laundry room Den Family room/Fireplace Dining nook Kitchen | 2 Pce feet 6 .5 x 7.9 feet 12 x 12.7 feet 13.6 x 17.85 feet 10.33 x 17.95 feet 12 .8x 15.5 feet |
Basic Calculator
First Mortgage: $575,920
Mortgage insurance premium: $0
Total Financing: $575,920
Rough closing fee (1.5%): ~ $10,799
Total downpayment with estimated closing fee: $154,779
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,973 | $47,676 |
| Gross rental income (income/principal ratio) | 0.552% | 6.623% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $900 | $10,800 |
| Vacancy | $199 | $2,384 |
| Management Fee | $318 | $3,815 |
| Expense / Income Ratio | 22.65% | 22.65% |
| Cash Flow | $2,557 | $30,684 |
| Net Operating Income (NOI) | $2,557 | $30,684 |
| Capitalization Rate | 0.36% | 4.26% |
Capitalization Rate: 4.26%
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).): $1,028,429











































