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TelephoneEmail50 Oaken Drive, Kelligrews, Newfoundland & Labrador, Canada A1X0B9

50 Oaken Drive

Kelligrews, NL, A1X0B9

location

2 Beds | 2 Baths

$379,900

50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
50 Oaken Drive Kelligrews Newfoundland & Labrador Canada A1X0B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1270067):

Nestled on a quiet street with quick access to the highway this 2-bedroom 2 bath home offers a serene retreat with a front ocean view. This home has been meticulously maintained with an open concept layout and a well-appointed kitchen that offers plenty of cabinetry and a center island that leads to a cozy living room with plenty of room to relax. The lower level of this home is an entertainer's dream featuring a custom-built bar that is perfect for hosting gatherings with friends and family. There is a laundry at the bottom of the stairs along with a rough-in for a 3-piece bath. An in-house garage compliment the basement nicely. The back yard is a private oasis, fully fenced with transparent back fencing that allows the natural beauty of the trees at the property line. This home offers the perfect blend of comfort and modern living. (id:56688)

Property Details
MLS: 1270067
Listing ID: 26782133
Address: 50 Oaken Drive, Kelligrews, Newfoundland & Labrador, Canada A1X0B9
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2019
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: Mixed Flooring
Living Area Total: 1,520 square feet
Price per sq ft: $250
Tax Annual Amount: $2,200
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.488002, -53.02701]

Rooms

Basement
Recreation room
11x24 feet
Main level
Bedroom
Primary Bedroom
Living room
Not known
10x10 feet
12x12 feet
11x11 feet
11x13 feet

Basic Calculator



First Mortgage: $303,920

Mortgage insurance premium: $0

Total Financing: $303,920

Rough closing fee (1.5%): ~ $5,699

Total downpayment with estimated closing fee: $81,679

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,673$20,076
Gross rental income (income/principal ratio)0.440%5.285%
Mortgage$0$0
Monthly Expenses$475$5,700
Vacancy$84$1,004
Management Fee$134$1,607
Expense / Income Ratio28.39%28.39%
Cash Flow$981$11,772
Net Operating Income (NOI)$981$11,772
Capitalization Rate0.26%3.10%
Capitalization Rate: 3.10%
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).): $542,715