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TelephoneEmail42 Belvedere Street, St. John's, Newfoundland & Labrador, Canada A1C3X8

42 Belvedere Street

St. John's, NL, A1C3X8

location

0 Bed | 1 Bath

$179,900

42 Belvedere Street St. John's Newfoundland & Labrador Canada A1C3X8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
42 Belvedere Street St. John's Newfoundland & Labrador Canada A1C3X8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1275004):

Welcome to 42 Belvedere Street, an exceptional opportunity located in the highly sought-after Georgetown neighborhood of St. John’s. This property, situated on the corner of Fleming Street and Belvedere Street. With a spacious backyard, there's plenty of room for outdoor living and entertaining. Georgetown is known for its charming streets, historic homes, and vibrant community atmosphere. Just a short walk away, you’ll find Bannerman Park, a beautiful urban park offering year-round activities, from swimming in the outdoor pool to ice skating in the winter. The beloved Georgetown Bakery is also nearby, perfect for picking up freshly baked goods and enjoying a morning coffee. The location provides easy access to downtown St. John’s, with its array of shops, restaurants, and cultural attractions. Living in Georgetown means being part of a community that values both tradition and growth, making 42 Belvedere Street a prime spot for creating a dream home with unlimited potential. (id:56688)

Property Details
MLS: 1275004
Listing ID: 27182440
Address: 42 Belvedere Street, St. John's, Newfoundland & Labrador, Canada A1C3X8
Status: Active
Last updated: a month ago ( Jul 26, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 0
Baths: 1
1/2 Baths: 0
Heating: No heat, Oil
Sewer: Municipal sewage system
Living Area Total: 1,800 square feet
Price per sq ft: $100
Tax Annual Amount: $1,604
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Stone, Block, Concrete
Heating: No heat, Oil
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.570393, -52.715619]

Rooms

Basic Calculator



First Mortgage: $143,920

Mortgage insurance premium: $0

Total Financing: $143,920

Rough closing fee (1.5%): ~ $2,699

Total downpayment with estimated closing fee: $38,679

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Investment Calculator:

MonthlyYearly
Gross Revenue$1,981$23,772
Gross rental income (income/principal ratio)1.101%13.214%
Mortgage$0$0
Monthly Expenses$225$2,700
Vacancy$100$1,189
Management Fee$159$1,902
Expense / Income Ratio11.36%11.36%
Cash Flow$1,499$17,988
Net Operating Income (NOI)$1,499$17,988
Capitalization Rate0.83%10.00%
Capitalization Rate: 10.00%
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).): $257,000