120 Crosbie Road
St. John's, NL, A1B3K4
3 Beds | 4 Baths
$329,900
About the property (MLS: 1268916):
Meticulously maintained & beautifully landscaped home in a most convenient location, close to University, Avalon Mall & Health Science Center. Bright living room with propane fireplace, dining room,2 bedrooms, bathroom & large gorgeous kitchen complete the main floor. Apartment has 1 bedroom, living room, kitchen, bathroom & is fully furnished. Apartment is registered, vacant & accessible from the main house. Both units have air exchangers. Large patio & shed. Appliances to remain in both units. (id:56688)
Property Details
MLS: 1268916
Listing ID: 26663848
Address: 120 Crosbie Road, St. John's, Newfoundland & Labrador, Canada A1B3K4
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1968
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 4
1/2 Baths: 2
Heating: Hot water radiator heat, Radiant heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 2,271 square feet
Price per sq ft: $146
Tax Annual Amount: $2,044
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Whirlpool, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Radiant heat, Oil
Flooring: Hardwood, Laminate
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.559766, -52.743186]
Listing ID: 26663848
Address: 120 Crosbie Road, St. John's, Newfoundland & Labrador, Canada A1B3K4
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1968
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 4
1/2 Baths: 2
Heating: Hot water radiator heat, Radiant heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 2,271 square feet
Price per sq ft: $146
Tax Annual Amount: $2,044
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Whirlpool, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Radiant heat, Oil
Flooring: Hardwood, Laminate
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.559766, -52.743186]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Bath (# pieces 1-6) Recreation room | 4 pc 8.1 x 6.8 feet 13 x 10.3 feet 13 x 9 feet 13 x 15 feet 2 pc 12.5 x 13.7 feet |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Primary Bedroom Not known Dining room Living room | 2 pc 4 pc 9.11 x 12.8 feet 13.3 x 12.3 feet 11.6 x 18.8 feet 10.2 x 12.6 feet 13.1 x 19.1 feet |
Basic Calculator
First Mortgage: $263,920
Mortgage insurance premium: $0
Total Financing: $263,920
Rough closing fee (1.5%): ~ $4,949
Total downpayment with estimated closing fee: $70,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,499 | $29,988 |
| Gross rental income (income/principal ratio) | 0.758% | 9.090% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $413 | $4,956 |
| Vacancy | $125 | $1,500 |
| Management Fee | $200 | $2,400 |
| Expense / Income Ratio | 16.53% | 16.53% |
| Cash Flow | $1,762 | $21,144 |
| Net Operating Income (NOI) | $1,762 | $21,144 |
| Capitalization Rate | 0.53% | 6.41% |
Capitalization Rate: 6.41%
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).): $471,286
