60 Lawrence Pond Road
Conception Bay South, NL, A1X4C2
3 Beds | 2 Baths
$589,900
About the property (MLS: 1274821):
To Be Built! This home features an open-concept living, Custom built kitchen with center island, dining room, complete with patio access. A large master bedroom with an ensuite and walk-in closet. Two additional large bedrooms. Located on a large fully serviced lot [56' x 283'] Backyard access with room to build a garage! Come live in the fastest Growing Town of Conception Bay South! 15 to 20 minutes drive to the Capital City of St. John's. Slab on Grade. (id:56688)
Property Details
MLS: 1274821
Listing ID: 27162010
Address: 60 Lawrence Pond Road, Conception Bay South, Newfoundland & Labrador, Canada A1X4C2
Status: Active
Last updated: 4 months ago ( Nov 13, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,900 square feet
Price per sq ft: $311
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.475925, -53.05087]
Listing ID: 27162010
Address: 60 Lawrence Pond Road, Conception Bay South, Newfoundland & Labrador, Canada A1X4C2
Status: Active
Last updated: 4 months ago ( Nov 13, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,900 square feet
Price per sq ft: $311
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.475925, -53.05087]
Rooms
| Main level | Not known Foyer Bedroom Bedroom Ensuite Primary Bedroom Kitchen Dining room Living room | 19 x 20 null 8 x 5 null 11 x 10 null 12 x 12 null 6.6 x 6.6 null 15 x 15 null 12 x 11 null 12 x 10 null 15 x 12 null |
Basic Calculator
First Mortgage: $471,920
Mortgage insurance premium: $0
Total Financing: $471,920
Rough closing fee (1.5%): ~ $8,849
Total downpayment with estimated closing fee: $126,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,090 | $25,080 |
| Gross rental income (income/principal ratio) | 0.354% | 4.252% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $738 | $8,856 |
| Vacancy | $105 | $1,254 |
| Management Fee | $168 | $2,007 |
| Expense / Income Ratio | 35.31% | 35.31% |
| Cash Flow | $1,081 | $12,972 |
| Net Operating Income (NOI) | $1,081 | $12,972 |
| Capitalization Rate | 0.18% | 2.20% |
Capitalization Rate: 2.20%
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).): $842,715
