21 Gallipoli Street
St. John's, NL, A1A0S3
3 Beds | 3 Baths
$615,000
About the property (MLS: 1272802):
Three bedroom two storey in the beautiful Estates at Clovelly. Large open main floor plan with an inviting kitchen and a dining room. Two full bathrooms plus a powder room. Single car garage. Covered front deck. Purchase price includes the HST. Another quality home by York Homes Limited. (id:56688)
Property Details
MLS: 1272802
Listing ID: 26957619
Address: 21 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: 2 years ago ( May 29, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,568 square feet
Price per sq ft: $240
Tax Annual Amount: $5,597
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.617221, -52.702067]
Listing ID: 26957619
Address: 21 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: 2 years ago ( May 29, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,568 square feet
Price per sq ft: $240
Tax Annual Amount: $5,597
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.617221, -52.702067]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 3.5 x 5.67 feet 4 Pce feet 9.33 x 11 feet 11.67 x 12.15 feet 3 Pce feet 13.33 x 14.67 feet |
| Main level | Not known Bath (# pieces 1-6) Dining room Kitchen Living room | 6 x 7 feet 2 Pce feet 10 x 12 feet 11 x 11 feet 11 x 14 feet |
Basic Calculator
First Mortgage: $492,000
Mortgage insurance premium: $0
Total Financing: $492,000
Rough closing fee (1.5%): ~ $9,225
Total downpayment with estimated closing fee: $132,225
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,825 | $33,900 |
| Gross rental income (income/principal ratio) | 0.459% | 5.512% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $769 | $9,228 |
| Vacancy | $142 | $1,695 |
| Management Fee | $226 | $2,712 |
| Expense / Income Ratio | 27.22% | 27.22% |
| Cash Flow | $1,689 | $20,268 |
| Net Operating Income (NOI) | $1,689 | $20,268 |
| Capitalization Rate | 0.27% | 3.30% |
Capitalization Rate: 3.30%
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).): $878,572
