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TelephoneEmail16 Smithville Crescent, St John's, Newfoundland & Labrador, Canada A1B2V2

16 Smithville Crescent

St John's, NL, A1B2V2

location

$799,900

16 Smithville Crescent St John's Newfoundland & Labrador Canada A1B2V2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Smithville Crescent St John's Newfoundland & Labrador Canada A1B2V2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1271255):

Listing only, property is under contract. (id:56688)

Property Details
MLS: 1271255
Listing ID: 26807435
Address: 16 Smithville Crescent, St John's, Newfoundland & Labrador, Canada A1B2V2
Status: Active
Last updated: 2 months ago ( Jan 2, 2025 )
Year Built: 1964
Property Type: Industrial
Structure Type: Other
Ownership Type: Freehold
Heating: Hot water radiator heat, Oil
Living Area Total: 8,713 square feet
Price per sq ft: $92
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Hot water radiator heat, Oil
Common Interest: Freehold
Business Type: Institutional
Number of photos available: 2
Rurl
Coordinates: [47.57871, -52.723509]

Rooms

Basic Calculator



First Mortgage: $639,920

Mortgage insurance premium: $0

Total Financing: $639,920

Rough closing fee (1.5%): ~ $11,999

Total downpayment with estimated closing fee: $171,979

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Investment Calculator:

MonthlyYearly
Gross Revenue$9,585$115,020
Gross rental income (income/principal ratio)1.198%14.379%
Mortgage$0$0
Monthly Expenses$1,000$12,000
Vacancy$480$5,751
Management Fee$767$9,202
Expense / Income Ratio10.43%10.43%
Cash Flow$7,339$88,068
Net Operating Income (NOI)$7,339$88,068
Capitalization Rate0.92%11.01%
Capitalization Rate: 11.01%
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).): $1,142,715