About the property (MLS: 1269394):
Welcome to 86 Pepperwood Drive in the beautiful Southlands Subdivision situated on a southern exposure pie shaped lot. This stunning home is currently under construction and nearing completion with an anticipated completion date of late May 2024. Boasting a spacious open-concept design on the main floor, including a versatile room suitable for an office, family room, or fourth bedroom, this residence offers flexibility and modern living. Features include fully landscaped grounds, a paved driveway, hardwood stair case, pot lighting and a dual-head mini-split system for enhanced energy efficiency and comfort. There is still time to personalize your flooring, paint colors and light fixtures. Enjoy the convenience of this prime location, close to Glendenning Golf Course, popular walking trails, playgrounds, soccer fields, basketball courts, and an array of recreational amenities. (id:56688)
Property Details
Listing ID: 26710012
Address: 86 Pepperwood Drive, St. John's, Newfoundland & Labrador, Canada A1H0L3
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: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,924 square feet
Price per sq ft: $195
Tax Annual Amount: $5,176
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.494584, -52.828947]
Rooms
| Main level | Foyer Bath (# pieces 1-6) Family room Kitchen Dining nook Living room | 9'2 x 7 feet 4 pcs 11'10 x 12 feet 14'8 x 13'2 feet 12 x 13 feet 14'10 x 14'10 feet |
| Second level | Ensuite Primary Bedroom Bath (# pieces 1-6) Bedroom Bedroom | 4 pcs 12'4 x 13'6 feet 4 pcs 13'6 x 9'6 feet 11 x 10'6 feet |
Basic Calculator
First Mortgage: $455,120
Mortgage insurance premium: $0
Total Financing: $455,120
Rough closing fee (1.5%): ~ $8,534
Total downpayment with estimated closing fee: $122,314
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,217 | $38,604 |
| Gross rental income (income/principal ratio) | 0.565% | 6.786% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $712 | $8,544 |
| Vacancy | $161 | $1,931 |
| Management Fee | $258 | $3,089 |
| Expense / Income Ratio | 22.13% | 22.13% |
| Cash Flow | $2,087 | $25,044 |
| Net Operating Income (NOI) | $2,087 | $25,044 |
| Capitalization Rate | 0.37% | 4.40% |





