2 Lower Battery Road
St. John's, NL, A1A1A1
1 Bed | 2 Baths
$435,000
About the property (MLS: 1275103):
Rare opportunity to own a home in the charming Battery neighborhood of St. John’s. Tucked away on a quiet cul-de-sac, this residence boasts stunning panoramic views of the waterfront and the city, promising breathtaking harbour scenery every day. Conveniently situated just a brief stroll from downtown shops and dining, North Head trail and Signal Hill, with the added benefit of free residential street parking. Embrace the quintessential Newfoundland experience with this historic yet modernized home. Immerse yourself in the vibrant local culture and rich heritage that defines this beloved community. Ideal for those seeking a personal haven or an investment, this property presents excellent short-term rental opportunities, capitalizing on its prime location. Don’t miss your chance to live the essence of Newfoundland living. (id:56688)
Property Details
Listing ID: 27194249
Address: 2 Lower Battery Road, St. John's, Newfoundland & Labrador, Canada A1A1A1
Status: Active
Last updated: 2 days ago ( Sep 9, 2024 )
Year Built: 1945
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 2
Number of Levels: 2
Beds: 1
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Wood
Living Area Total: 1,180 square feet
Price per sq ft: $369
Tax Annual Amount: $1,794
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Wood
Exterior Features: Wood, Other
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.570721, -52.696052]
Rooms
| Second level | Kitchen Dining room Living room | 12'4"" X 7'2"" null 11'1"" X 11'10"" null 17""2 X 19'5"" null |
| Main level | Family room Bath (# pieces 1-6) Bedroom | 11'8"" X 15'2"" null 15'1"" X 10'2"" null 13'6"" X 9'9"" null |
Basic Calculator
First Mortgage: $348,000
Mortgage insurance premium: $0
Total Financing: $348,000
Rough closing fee (1.5%): ~ $6,525
Total downpayment with estimated closing fee: $93,525
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,298 | $15,576 |
| Gross rental income (income/principal ratio) | 0.298% | 3.581% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $544 | $6,528 |
| Vacancy | $65 | $779 |
| Management Fee | $104 | $1,247 |
| Expense / Income Ratio | 41.91% | 41.91% |
| Cash Flow | $586 | $7,032 |
| Net Operating Income (NOI) | $586 | $7,032 |
| Capitalization Rate | 0.13% | 1.62% |
