31 Lynch Place
St. John's, NL, A1B4L8
3 Beds | 3 Baths
$349,900
About the property (MLS: 1268346):
This raised bungalow duplex is located in a very convenient location in the heart of the city, just minutes from the Avalon mall, Munn, and Hospitals. it will be ready for occupancy in roughly 2 months. As you approach the inside of the house you are greeted with a porch, half bath, laundry room, open concept living and dining area with a beautiful kitchen. The second floor consist of a master bedroom with 3pc ensuite, 2 closets, extra 2 bedrooms and another full bath. Exterior landscaping with paved driveway and a 10 x 10 deck to be included. (id:56688)
Property Details
Listing ID: 26578030
Address: 31 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,298 square feet
Price per sq ft: $270
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [47.555634, -52.751481]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Other Ensuite Bedroom | 5.4x8.7 feet 9.11x9.10 feet 9.10x9 feet 2x3 & 2x5 feet 5.4x8.7 feet 16.6x12 feet |
| Main level | Laundry room Kitchen Dining room Living room Bath (# pieces 1-6) Foyer | 6.9x3.10 feet 9.10x10.6 feet 8.7x9.10 feet 16x12 feet 5x5 feet 4.7x9.3 feet |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,428 | $17,136 |
| Gross rental income (income/principal ratio) | 0.408% | 4.897% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $72 | $857 |
| Management Fee | $115 | $1,371 |
| Expense / Income Ratio | 30.67% | 30.67% |
| Cash Flow | $805 | $9,660 |
| Net Operating Income (NOI) | $805 | $9,660 |
| Capitalization Rate | 0.23% | 2.76% |
