24 Gallipoli Street
St. John's, NL, A1A0S4
3 Beds | 3 Baths
$889,900
About the property (MLS: 1274027):
Another quality built home by Horizon Homes Limited. Three bedroom two storey home with a walkout basement under construction in the beautiful Estates at Clovelly. This home, backing onto a greenbelt will feature a large open main floor plan with great room, kitchen, dining room and a main floor den. 10’ main floor ceilings, 9’ basement and second floor ceilings . 12 x 24 pressure treated rear deck. HST included in purchase price. (id:56688)
Property Details
MLS: 1274027
Listing ID: 27087194
Address: 24 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S4
Status: Active
Last updated: 18 minutes ago ( Sep 12, 2024 )
Year Built: 2023
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: Heat Pump, Forced air, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,831 square feet
Price per sq ft: $233
Tax Annual Amount: $8,099
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump, Forced air, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.617119, -52.70154]
Listing ID: 27087194
Address: 24 Gallipoli Street, St. John's, Newfoundland & Labrador, Canada A1A0S4
Status: Active
Last updated: 18 minutes ago ( Sep 12, 2024 )
Year Built: 2023
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: Heat Pump, Forced air, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,831 square feet
Price per sq ft: $233
Tax Annual Amount: $8,099
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump, Forced air, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.617119, -52.70154]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 6.95 x 7.15 null 4 Pce null 10 x 14.65 null 13.1g5 x 13.75 null 5 Pce null 11 x 17.45 null |
| Main level | Other Mud room Bath (# pieces 1-6) Office Kitchen Dining room Living room/Fireplace | 7.75 x 14.15 null 9.15 x 10.5 null 2 Pce null 11.85 x 13.25 null 13.25 x 18 null 12.67 x 15.85 null 12.15 x 14.45 null |
Basic Calculator
First Mortgage: $711,920
Mortgage insurance premium: $0
Total Financing: $711,920
Rough closing fee (1.5%): ~ $13,349
Total downpayment with estimated closing fee: $191,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,215 | $50,580 |
| Gross rental income (income/principal ratio) | 0.474% | 5.684% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,113 | $13,356 |
| Vacancy | $211 | $2,529 |
| Management Fee | $338 | $4,047 |
| Expense / Income Ratio | 26.41% | 26.41% |
| Cash Flow | $2,555 | $30,660 |
| Net Operating Income (NOI) | $2,555 | $30,660 |
| Capitalization Rate | 0.29% | 3.45% |
Capitalization Rate: 3.45%
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).): $1,271,286
