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TelephoneEmail61 Petite Forte Drive, St. JOhn's, Newfoundland & Labrador, Canada A1B0G9

61 Petite Forte Drive

St. JOhn's, NL, A1B0G9

location

4 Beds | 3 Baths

$414,900

61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
61 Petite Forte Drive St. JOhn's Newfoundland & Labrador Canada A1B0G9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1271820):

Charming, well-maintained 2-apartment bungalow, ideally located popular Kenmount Terrace, close to bus routes, Avalon Mall, Kelsey Drive, highway access and the Health Sciences Centre! Bright main floor boasts an open concept style layout with living room, dining area and kitchen with stainless steel appliances and access to the rear patio. Three spacious bedrooms, including the primary bedroom with ensuite, and main family bathroom. The basement houses the rec room and laundry for the main unit. One bedroom basement apartment has living room, kitchen and full bathroom. (id:56688)

Property Details
MLS: 1271820
Listing ID: 26861984
Address: 61 Petite Forte Drive, St. JOhn's, Newfoundland & Labrador, Canada A1B0G9
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2013
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,400 square feet
Price per sq ft: $173
Tax Annual Amount: $3,323
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.554314, -52.796153]

Rooms

Basement
Bath (# pieces 1-6)
Not known
Not known
Not known
Recreation room
4pc
10.0x10.0 feet
12.0x10.0 feet
12.0x20.0 feet
12.0x12.0 feet
Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
Kitchen
Living room
4pc
10.0x10.0 feet
10.0x10.0 feet
12.0x14.0 feet
12.0x16.0 feet
12.0x20.0 feet

Basic Calculator



First Mortgage: $331,920

Mortgage insurance premium: $0

Total Financing: $331,920

Rough closing fee (1.5%): ~ $6,224

Total downpayment with estimated closing fee: $89,204

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,640$31,680
Gross rental income (income/principal ratio)0.636%7.636%
Mortgage$0$0
Monthly Expenses$519$6,228
Vacancy$132$1,584
Management Fee$212$2,535
Expense / Income Ratio19.66%19.66%
Cash Flow$1,778$21,336
Net Operating Income (NOI)$1,778$21,336
Capitalization Rate0.43%5.14%
Capitalization Rate: 5.14%
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).): $592,715