43 Gallipoli Street
St. John's, NL, A1A0S3
3 Beds | 3 Baths
$596,400
About the property (MLS: 1273253):
Another quality-built home by Horizon Homes Limited. Three-bedroom two storey under construction in the beautiful Estates at Clovelly. Features a large open main floor plan with living room with propane fireplace, kitchen and dining room. 9' main floor ceiling. Full open basement for future development. HST included in purchase price when purchased as a principal residence. (id:56688)
Property Details
MLS: 1273253
Listing ID: 27007252
Address: 43 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: a month ago ( Dec 17, 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: Mixed Flooring
Living Area Total: 2,547 square feet
Price per sq ft: $235
Tax Annual Amount: $5,428
Tax Year: 2024
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: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.618587, -52.701344]
Listing ID: 27007252
Address: 43 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S3
Status: Active
Last updated: a month ago ( Dec 17, 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: Mixed Flooring
Living Area Total: 2,547 square feet
Price per sq ft: $235
Tax Annual Amount: $5,428
Tax Year: 2024
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: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.618587, -52.701344]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 6 x 8.9 null 4 Pce null 11.4 x 12 null 11.4 x 12 null 4 Pce null 10.67 x 21 null |
| Main level | Bath (# pieces 1-6) Not known Kitchen Dining room Living room/Fireplace | 2 Pce null 4.5 x 9.7 null 11.11 x 15 null 6.11 x 15 null 12 x 17 null |
Basic Calculator
First Mortgage: $477,120
Mortgage insurance premium: $0
Total Financing: $477,120
Rough closing fee (1.5%): ~ $8,946
Total downpayment with estimated closing fee: $128,226
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,802 | $33,624 |
| Gross rental income (income/principal ratio) | 0.470% | 5.638% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $746 | $8,952 |
| Vacancy | $141 | $1,682 |
| Management Fee | $225 | $2,690 |
| Expense / Income Ratio | 26.62% | 26.62% |
| Cash Flow | $1,692 | $20,304 |
| Net Operating Income (NOI) | $1,692 | $20,304 |
| Capitalization Rate | 0.28% | 3.40% |
Capitalization Rate: 3.40%
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).): $852,000
