23 Foxtrap Acess Road
Conception Bay South, NL, A1X7N6
6 Beds | 3 Baths
$454,900
About the property (MLS: 1271724):
Great opportunity to own your own personal community care home. Sprinkler system. Fire Alarm and special strobe lighting for the hearing impaired is installed. Zoned R2. Also a 22X30 detached Garage. (id:56688)
Property Details
MLS: 1271724
Listing ID: 26849909
Address: 23 Foxtrap Acess Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7N6
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1970
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,100 square feet
Price per sq ft: $147
Tax Annual Amount: $3,400
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.505449, -52.996772]
Listing ID: 26849909
Address: 23 Foxtrap Acess Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7N6
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1970
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,100 square feet
Price per sq ft: $147
Tax Annual Amount: $3,400
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.505449, -52.996772]
Rooms
| Basement | Kitchen Kitchen Bedroom Bedroom Bedroom Bath (# pieces 1-6) Kitchen Living room | 8x16 feet 15x20 feet 10x13.6 feet 8.6x13 feet 8.6x13 feet 6x7 feet 11x13 feet 14x15 feet |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Bedroom Bedroom Bedroom Bedroom Living room | 7x12 feet 8x12 feet 7x12 feet 9.6x12 feet 14x14 feet 8x13 feet 11x13 feet 14x16 feet 12x19 feet |
Basic Calculator
First Mortgage: $363,920
Mortgage insurance premium: $0
Total Financing: $363,920
Rough closing fee (1.5%): ~ $6,824
Total downpayment with estimated closing fee: $97,804
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,411 | $40,932 |
| Gross rental income (income/principal ratio) | 0.750% | 8.998% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $569 | $6,828 |
| Vacancy | $171 | $2,047 |
| Management Fee | $273 | $3,275 |
| Expense / Income Ratio | 16.68% | 16.68% |
| Cash Flow | $2,399 | $28,788 |
| Net Operating Income (NOI) | $2,399 | $28,788 |
| Capitalization Rate | 0.53% | 6.33% |
Capitalization Rate: 6.33%
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).): $649,858
