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TelephoneEmail70 Indian Pond Estates, Conception Bay South, Newfoundland & Labrador, Canada A1X6P7

70 Indian Pond Estates

Conception Bay South, NL, A1X6P7

location

2 Beds | 2 Baths

$349,900

70 Indian Pond Estates Conception Bay South Newfoundland & Labrador Canada A1X6P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1272857):

To be built - Check-out this amazing 2 bedroom 2 bath home located at 70 Indian Pond Estates, CBS. This beautiful home has an eat-in kitchen design that offers great cabinetry & countertop space. The main floor has an open concept design ideal for entertaining. The large master bedroom has a large walk-in closet with full ensuite. The 2nd bedroom is a terrific size or it could be used for a home office. There are generous allowances in place for your kitchen, flooring, and lighting. Downstairs you will find a large in-house garage ideal for all the toys or parking for those stormy winter days. The rest of the open basement is waiting for the purchasers own personal touch. The huge, flat lot will offer rear yard access & tons of room to build a large detached garage! Front landscaping and paved driveway are included in the price. Builder has other plans & lots available or bring your own for a free quote. Sample photo only & upgrades aren't included in purchase price. 10 year Atlantic Home Warranty. HST Rebate to Vendor on closing. Property taxes have not yet been assessed. Basement Sq Footage includes garage space. This home is just minutes from the highway, swimming, trails, recreation & so much more. (id:56688)

Property Details
MLS: 1272857
Listing ID: 26960526
Address: 70 Indian Pond Estates, Conception Bay South, Newfoundland & Labrador, Canada A1X6P7
Status: Active
Last updated: 2 years ago ( May 29, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,450 square feet
Price per sq ft: $242
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.448301, -53.089618]

Rooms

Main level
Bath (# pieces 1-6)
Bath (# pieces 1-6)
Bedroom
Primary Bedroom
Living room
Kitchen
B4 feet
B4 feet
9.9x10.4 feet
11.2x11.6 feet
11.6x15.3 feet
10x11.6 feet

Basic Calculator



First Mortgage: $279,920

Mortgage insurance premium: $0

Total Financing: $279,920

Rough closing fee (1.5%): ~ $5,249

Total downpayment with estimated closing fee: $75,229

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,596$19,152
Gross rental income (income/principal ratio)0.456%5.474%
Mortgage$0$0
Monthly Expenses$438$5,256
Vacancy$80$958
Management Fee$128$1,533
Expense / Income Ratio27.44%27.44%
Cash Flow$951$11,412
Net Operating Income (NOI)$951$11,412
Capitalization Rate0.27%3.26%
Capitalization Rate: 3.26%
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).): $499,858