22 Terry Lane
St John's, NL, A1H1A5
3 Beds | 3 Baths
$659,900
About the property (MLS: 1275222):
This modern style 2 story with an attached garage is starting soon in Galway Living Subdivision. Fully landscaped. The main level features open concept dining area, foyer, dining area, kitchen, living area, fireplace and 1/2 bath. The 2nd level features master bedroom with ensuite & walk in closet, 2 bedrooms, laundry and main bath. The exterior includes brick and wood siding on the front. We have an Interior designer to help guide you through your selections and finishes. This is designed & built by Core Contracting. (id:56688)
Property Details
MLS: 1275222
Listing ID: 27201186
Address: 22 Terry Lane, St John's, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 18 days ago ( Aug 19, 2024 )
Year Built: 2024
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: Other
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 3,013 square feet
Price per sq ft: $220
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Other
Flooring: Other
Exterior Features: Wood, Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.503075, -52.833809]
Listing ID: 27201186
Address: 22 Terry Lane, St John's, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 18 days ago ( Aug 19, 2024 )
Year Built: 2024
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: Other
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 3,013 square feet
Price per sq ft: $220
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Other
Flooring: Other
Exterior Features: Wood, Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.503075, -52.833809]
Rooms
| Main level | Not known Dining room Living room Kitchen | 21.3 x 21.7 null 13 x 11 null 15 x 16 null 14 x 13 null |
| Second level | Bedroom Bedroom Primary Bedroom | 12 x 14 null 12.4 x 14 null 15.2 x 16.2 null |
Basic Calculator
First Mortgage: $527,920
Mortgage insurance premium: $0
Total Financing: $527,920
Rough closing fee (1.5%): ~ $9,899
Total downpayment with estimated closing fee: $141,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,315 | $39,780 |
| Gross rental income (income/principal ratio) | 0.502% | 6.028% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $825 | $9,900 |
| Vacancy | $166 | $1,989 |
| Management Fee | $266 | $3,183 |
| Expense / Income Ratio | 24.89% | 24.89% |
| Cash Flow | $2,060 | $24,720 |
| Net Operating Income (NOI) | $2,060 | $24,720 |
| Capitalization Rate | 0.31% | 3.75% |
Capitalization Rate: 3.75%
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).): $942,715
