11 Ann Harvey Place
St. John's, NL, A1B0G1
4 Beds | 3 Baths
$620,991
About the property (MLS: 1272871):
TO BE BUILT: Executive 2-apartment home with attached garage located on an oversized lot on quiet cul-de-sac in Westgate Subdivision. Open concept main level with 3 bedrooms, 2 full baths. 1-bedroom above ground apartment. Landscaped front & back yard, paved driveway and 10 Year Atlantic Home Warranty. (id:56688)
Property Details
MLS: 1272871
Listing ID: 26969241
Address: 11 Ann Harvey Place, St. John's, Newfoundland & Labrador, Canada A1B0G1
Status: Active
Last updated: 2 years ago ( May 31, 2024 )
Year Built: 2024
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: 2,730 square feet
Price per sq ft: $228
Tax Annual Amount: $4,650
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.543702, -52.803463]
Listing ID: 26969241
Address: 11 Ann Harvey Place, St. John's, Newfoundland & Labrador, Canada A1B0G1
Status: Active
Last updated: 2 years ago ( May 31, 2024 )
Year Built: 2024
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: 2,730 square feet
Price per sq ft: $228
Tax Annual Amount: $4,650
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.543702, -52.803463]
Rooms
| Lower level | Not known Not known Not known Family room Not known | 4'7 x 9'9 feet 11'11 x 11'6 feet 26'1 x 13'6 feet 14'6 x 14'1 feet 12'10 x 20'8 feet |
| Main level | Primary Bedroom Bedroom Bedroom Kitchen Living room/Dining room | 12'1 x 14'6 feet 10 x 10 feet 10 x 12'3 feet 13 x 16 feet 14 x 18 feet |
Basic Calculator
First Mortgage: $496,793
Mortgage insurance premium: $0
Total Financing: $496,793
Rough closing fee (1.5%): ~ $9,315
Total downpayment with estimated closing fee: $133,514
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,004 | $36,048 |
| Gross rental income (income/principal ratio) | 0.484% | 5.805% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $777 | $9,324 |
| Vacancy | $151 | $1,803 |
| Management Fee | $241 | $2,884 |
| Expense / Income Ratio | 25.87% | 25.87% |
| Cash Flow | $1,837 | $22,044 |
| Net Operating Income (NOI) | $1,837 | $22,044 |
| Capitalization Rate | 0.30% | 3.55% |
Capitalization Rate: 3.55%
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).): $887,130
