13 Gosling Street
St. John's, NL, A1B3E5
3 Beds | 2 Baths
$275,000
About the property (MLS: 1274936):
Single family home in the centre of town, close to Memorial University, Health Science, and shopping. Original hardwood on main floor. Basement walls spray foamed in 2007. New hot-air furnace installed in 2007. New exterior insulation and siding in 2016. Basement bathroom renovated in 2021. New hot water boiler in 2021. New laminate floor in the kitchen in 2022. Driveway widened and stonewall installed in 2022. Seller's Direction Re: Offers - No conveyance until 8PM on Saturday July 20th, 2024. (id:56688)
Property Details
MLS: 1274936
Listing ID: 27185726
Address: 13 Gosling Street, St. John's, Newfoundland & Labrador, Canada A1B3E5
Status: Active
Last updated: a month ago ( Jul 31, 2024 )
Year Built: 1957
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: Forced air, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,120 square feet
Price per sq ft: $130
Tax Annual Amount: $2,710
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Forced air, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.5637, -52.735406]
Listing ID: 27185726
Address: 13 Gosling Street, St. John's, Newfoundland & Labrador, Canada A1B3E5
Status: Active
Last updated: a month ago ( Jul 31, 2024 )
Year Built: 1957
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: Forced air, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,120 square feet
Price per sq ft: $130
Tax Annual Amount: $2,710
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Forced air, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.5637, -52.735406]
Rooms
| Basement | Office Bath (# pieces 1-6) Storage Bedroom Recreation room Other | 9 x 10 null 36PC 10 x 4 null 10 x 10 null 10 x 12.4 null 23 x 10.5 null 13 x 10 furnace null |
| Main level | Bath (# pieces 1-6) Kitchen Dining room Living room Bedroom Primary Bedroom | 4PC 5 x 8 null 10.4 x 13.8 null 10.4 x 12 null 11.10 x 15.6 null 12.2 x 12.4 null 14.9 x 11 null |
Basic Calculator
First Mortgage: $220,000
Mortgage insurance premium: $0
Total Financing: $220,000
Rough closing fee (1.5%): ~ $4,125
Total downpayment with estimated closing fee: $59,125
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,332 | $27,984 |
| Gross rental income (income/principal ratio) | 0.848% | 10.176% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $344 | $4,128 |
| Vacancy | $117 | $1,400 |
| Management Fee | $187 | $2,239 |
| Expense / Income Ratio | 14.75% | 14.75% |
| Cash Flow | $1,685 | $20,220 |
| Net Operating Income (NOI) | $1,685 | $20,220 |
| Capitalization Rate | 0.61% | 7.35% |
Capitalization Rate: 7.35%
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).): $392,858
