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
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
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| 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 Ratio | 28.39% | 28.39% |
| Cash Flow | $981 | $11,772 |
| Net Operating Income (NOI) | $981 | $11,772 |
| Capitalization Rate | 0.26% | 3.10% |






















