395 Blackmarsh Road Unit#1
St. John's, NL, A1E0E2
2 Beds | 1 Bath
$279,900
About the property (MLS: 1272619):
Brand new condominium development in the West End! Welcome to 395 Blackmarsh Road Unit 1! This newly developed condo unit features an open concept designed kitchen with a sit up breakfast bar, dining and living room, 2 bedrooms, 1 bath, a combined laundry and storage room. Relax on the patio with cup of tea in the morning as the sun comes up over the Southside hills! This unit is in perfect condition and is move-in ready. Currently the condo fees are $185.00 monthly and include lawn maintenance and snow removal. These units are perfect for those who are in the market for care free accommodations in the central part of the City, close to all amenities, including shopping, the downtown, and local pharmacies. These units are economically priced and have an optional energy efficiency program, private patios, open concept floor plan, large storage rooms and much more. (id:56688)
Property Details
Listing ID: 26946770
Address: 395 Blackmarsh Road Unit#1, St. John's, Newfoundland & Labrador, Canada A1E0E2
Status: Active
Last updated: 4 months ago ( Jul 2, 2024 )
Year Built: 2024
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,139 square feet
Price per sq ft: $246
Tax Annual Amount: $3,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 150
Number of photos available: 1
Rurl
Coordinates: [47.543079, -52.756845]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Dining nook Kitchen Living room | B4 null 9'6"" x 13'2"" null 15' x 11'6"" null 14'4"" x 8'4"" null 14'2"" x 10'10"" null 14'2"" x 13'0"" null |
Basic Calculator
First Mortgage: $223,920
Mortgage insurance premium: $0
Total Financing: $223,920
Rough closing fee (1.5%): ~ $4,199
Total downpayment with estimated closing fee: $60,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,253 | $15,036 |
| Gross rental income (income/principal ratio) | 0.448% | 5.372% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $350 | $4,200 |
| Vacancy | $63 | $752 |
| Management Fee | $101 | $1,203 |
| Expense / Income Ratio | 27.93% | 27.93% |
| Cash Flow | $741 | $8,892 |
| Net Operating Income (NOI) | $741 | $8,892 |
| Capitalization Rate | 0.26% | 3.18% |
