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TelephoneEmail18 Terry Lane Unit#LOT 7, St. John's, Newfoundland & Labrador, Canada A1H1A5

18 Terry Lane Unit#LOT 7

St. John's, NL, A1H1A5

location

4 Beds | 3 Baths

$612,000

18 Terry Lane Unit#LOT 7 St. John's Newfoundland & Labrador Canada A1H1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Terry Lane Unit#LOT 7 St. John's Newfoundland & Labrador Canada A1H1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Terry Lane Unit#LOT 7 St. John's Newfoundland & Labrador Canada A1H1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Terry Lane Unit#LOT 7 St. John's Newfoundland & Labrador Canada A1H1A5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1268944):

This modern style 2 story with a 15 x 21 attached garage is starting soon in Galway Living Subdivision. Fully landscaped. The main level features open concept dining area, foyer, dining area, kitchen, living area, office and bath. The 2nd level features master bedroom with ensuite & walk in closet, 3 additional bedrooms, laundry and main bath. The exterior includes brick and wood siding on the front. We have a Interior designer to help guide you through your selections and finishes. This is designed & built by Core Contracting. (id:56688)

Property Details
MLS: 1268944
Listing ID: 26662420
Address: 18 Terry Lane Unit#LOT 7, St. John's, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 2 months ago ( Aug 20, 2024 )
Year Built: 2024
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: Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 3,297 square feet
Price per sq ft: $186
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Other
Exterior Features: Wood, Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.503186, -52.833242]

Rooms

Main level
Not known
Office
Not known
Dining room
Living room
Kitchen
14’6” x 21 null
7’4” x 7’4” null
7’8” x 7’2” null
12 x 10’6” null
15 x 15’2” null
12 x 12 null
Second level
Bedroom
Bedroom
Bedroom
Primary Bedroom
12 x 11’2” null
12’4” x 11 null
11’6” x 10’4” null
15’2” x 15’4” null

Basic Calculator



First Mortgage: $489,600

Mortgage insurance premium: $0

Total Financing: $489,600

Rough closing fee (1.5%): ~ $9,180

Total downpayment with estimated closing fee: $131,580

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,627$43,524
Gross rental income (income/principal ratio)0.593%7.112%
Mortgage$0$0
Monthly Expenses$765$9,180
Vacancy$182$2,177
Management Fee$291$3,482
Expense / Income Ratio21.09%21.09%
Cash Flow$2,391$28,692
Net Operating Income (NOI)$2,391$28,692
Capitalization Rate0.39%4.69%
Capitalization Rate: 4.69%
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).): $874,286