32 Cluneys Road
Conception Bay South, NL, A1X7K8
6 Beds | 2 Baths
$179,900
About the property (MLS: 1271717):
6-Bedroom Project Home! Oversized yard with a large, detached garage and storage shed add to the value of this Property. The main floor of this spacious 2-storey features an open kitchen, dining room and living space, spanning the whole left side of the home. Front and rear porches help keep shoes and jackets tucked away. Off the center hallway on the right side, are two bedrooms, a full bath and a sitting area with access to the steps to the second floor. Upstairs are four more bedrooms and the second full bath. This property could be fully transformed into a dream home and would allow you to quickly accumulate a lot of sweat-equity. Alternatively, the current layout would make an ideal bedsitter. (id:56688)
Property Details
Listing ID: 26852037
Address: 32 Cluneys Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7K8
Status: Active
Last updated: a year ago ( May 15, 2024 )
Year Built: 1970
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 6
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,720 square feet
Price per sq ft: $49
Tax Annual Amount: $2,467
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.503082, -53.006802]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Bedroom | 3pc 10 x 12 feet 10 x 10 feet 11 x 12 feet 13 x 14 feet |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Family room Porch Living room Dining room Kitchen | 3pc 9 x 9 feet 9 x 9 feet 10 x 12 feet 7 x 8 feet 11 x 11 feet 11 x 11 feet 10 x 14 feet |
Basic Calculator
First Mortgage: $143,920
Mortgage insurance premium: $0
Total Financing: $143,920
Rough closing fee (1.5%): ~ $2,699
Total downpayment with estimated closing fee: $38,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,093 | $49,116 |
| Gross rental income (income/principal ratio) | 2.275% | 27.302% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $225 | $2,700 |
| Vacancy | $205 | $2,456 |
| Management Fee | $328 | $3,930 |
| Expense / Income Ratio | 5.50% | 5.50% |
| Cash Flow | $3,336 | $40,032 |
| Net Operating Income (NOI) | $3,336 | $40,032 |
| Capitalization Rate | 1.85% | 22.25% |
