
About the property (MLS: 1268960):
This Modern Style split entry home is situated in the beautiful community of Galway living. The main level features an open concept design, custom kitchen complete with a large island, patio access , dining, living room, laundry, main bath, primary bedroom and ensuite. The basement is undeveloped and ready for your vision. There is an option to include a sunspace sunroom ( exclusive to Core Contracting ). The exterior is fully landscaped and complete with brick and wood siding on the front. Enjoy Galway living and the convenience of Costco and all amenities in your neighborhood. The Core Contracting Team takes pride in working with high integrity while bringing you the highest quality construction. (id:56688)
Property Details
Listing ID: 26662361
Address: 16 Terry Lane, St.John’s, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 2,057 square feet
Price per sq ft: $244
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Other
Exterior Features: Wood shingles, Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.50301, -52.832845]
Rooms
| Main level | Bedroom Primary Bedroom Dining room Living room Kitchen | 12’6” x 11 feet 12’6” x 14 feet 12’10” x 9 feet 13 x 12’6” feet 12’10” x 10 feet |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,263 | $27,156 |
| Gross rental income (income/principal ratio) | 0.453% | 5.432% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $114 | $1,358 |
| Management Fee | $182 | $2,173 |
| Expense / Income Ratio | 27.62% | 27.62% |
| Cash Flow | $1,344 | $16,128 |
| Net Operating Income (NOI) | $1,344 | $16,128 |
| Capitalization Rate | 0.27% | 3.23% |


