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TelephoneEmail115 Forest Road Unit#3, St. John's, Newfoundland & Labrador, Canada A1A1E8

115 Forest Road Unit#3

St. John's, NL, A1A1E8

location

2 Beds | 2 Baths

$349,900

115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
115 Forest Road Unit#3 St. John's Newfoundland & Labrador Canada A1A1E8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1273035):

Welcome to 115 Forest Road #3 in this great east end location. Tucked away on a private street This 2 bedroom, 1.5 bathroom condo in a charming duplex With 1,200 sqft of living space, in house garage/carport. Hardwood floors and laminate. Remodeled kitchen with stainless steel appliances. Large primary bedroom. bathroom with jetted tub and shower. Patio deck off kitchen. Inviting living room & 1/2 bath and rear patio. New shingles. Condo fees include garbage removal, outside repairs, and snow clearing in front of condo for added convenience. Don't miss out on the opportunity to live on the door step of popular Quidi Vidi Lake and walk to downtown, shopping & signal hill. Fabulous east end neighborhood. (id:56688)

Property Details
MLS: 1273035
Listing ID: 26978620
Address: 115 Forest Road Unit#3, St. John's, Newfoundland & Labrador, Canada A1A1E8
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Year Built: 2002
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: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 1,800 square feet
Price per sq ft: $195
Tax Annual Amount: $2,462
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Heating: Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Association Fee: 250
Number of photos available: 18
Rurl
Coordinates: [47.577099, -52.693256]

Rooms

Basement
Storage
12 x 6 feet
Second level
Bath (# pieces 1-6)
Bedroom
Primary Bedroom
B4 feet
11.3 x 9.6 feet
13 x 18 feet
Main level
Bath (# pieces 1-6)
Laundry room
Eating area
Kitchen
Living room
B2 feet
6.6 x 5.3 feet
10.11 x 8 feet
4.6 x 10.10 feet
13.11 x 11.2 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$1,981$23,772
Gross rental income (income/principal ratio)0.566%6.794%
Mortgage$0$0
Monthly Expenses$438$5,256
Vacancy$100$1,189
Management Fee$159$1,902
Expense / Income Ratio22.11%22.11%
Cash Flow$1,286$15,432
Net Operating Income (NOI)$1,286$15,432
Capitalization Rate0.37%4.41%
Capitalization Rate: 4.41%
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