487 Conception Bay Highway Highway
Conception Bay South, NL, A1X2C7
2 Beds | 2 Baths
$274,000
About the property (MLS: 1273336):
This amazingly rare property boasts beautiful Ocean views of Conception Bay while also providing an oversized lot with potential to subdivide (pending town approval). Nestled on a small hill in the center of CBS this property has a large open concept living area, dining room, with an eat-in kitchen, large master bedroom, and master bath! The second bedroom is also a nice size and provides plenty of space for a growing family! There is a LARGE detached garage at the rear of the house with a loft and car lift, also a second garage that is being used for storage. There is ample parking between the house and garage as well as room to play. There are tenants currently living in the property, any viewings would have to be scheduled ahead of time (id:56688)
Property Details
Listing ID: 27073896
Address: 487 Conception Bay Highway Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X2C7
Status: Active
Last updated: 3 months ago ( Jul 11, 2024 )
Year Built: 1950
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,078 square feet
Price per sq ft: $255
Tax Annual Amount: $0
Tax Year: 2023
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: Wood
Common Interest: Freehold
Number of photos available: 38
Rurl
Coordinates: [47.507106, -52.991119]
Rooms
| Main level | Foyer Bedroom Laundry room Kitchen Dining room Living room Bedroom Bedroom Bath (# pieces 1-6) | 7'10"" x 8'2"" null 4'11"" x 4'9"" null 5'7"" x 8'7"" null 12'3"" x 12'1"" null 12'10"" x 12'1"" null 15'5"" x 12'10"" null 15'3"" x 11'6"" null 8'10"" x 8'7"" null 10'3"" x 8'7"" null |
Basic Calculator
First Mortgage: $219,200
Mortgage insurance premium: $0
Total Financing: $219,200
Rough closing fee (1.5%): ~ $4,110
Total downpayment with estimated closing fee: $58,910
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,186 | $14,232 |
| Gross rental income (income/principal ratio) | 0.433% | 5.194% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $343 | $4,116 |
| Vacancy | $60 | $712 |
| Management Fee | $95 | $1,139 |
| Expense / Income Ratio | 28.92% | 28.92% |
| Cash Flow | $689 | $8,268 |
| Net Operating Income (NOI) | $689 | $8,268 |
| Capitalization Rate | 0.25% | 3.02% |
