About the property (MLS: 1275561):
This stunning property is situated in a prime location, backing directly onto the beautiful Bowering Park. The home features a luxurious in-ground pool, perfect for summer relaxation and entertaining. Inside, you'll find large, spacious rooms filled with natural light and enhanced by charming wood fireplaces, creating a cozy ambiance during colder months. The home also boasts a private sauna, ideal for unwinding after a long day. The basement is fully developed, offering additional living space and versatility for various needs. For vehicle storage and additional workspace, the property includes a detached garage. Additionally, the attached garage has been cleverly converted into a main floor office, providing a convenient work-from-home option. Should you need extra garage space, this office can easily be reverted back to its original use. While the home offers many luxurious amenities and practical features, it is dated and in need of some work. With the right renovations, it has the potential to become an exceptional place to call home. (id:56688)
Property Details
Listing ID: 27235953
Address: 39 Beacon Hill Crescent, St. John’s, Newfoundland & Labrador, Canada A1E4S6
Status: Active
Last updated: a month ago ( Aug 1, 2024 )
Year Built: 1984
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 4
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 3,840 square feet
Price per sq ft: $163
Tax Annual Amount: $4,377
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? Yes
Pool Features: Inground pool
Appliances: Whirlpool, See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Cedar Siding
Common Interest: Freehold
Number of photos available: 47
Rurl
Coordinates: [47.517519, -52.757808]
Rooms
Basement | Bath (# pieces 1-6) Games room Recreation room Den | B3 null 24x11.6 null 16x15 null 10.6x10 null |
Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | B4 null B4 null 13x9.6 null 11x9 null 24x12 null |
Main level | Office Bath (# pieces 1-6) Living room/Fireplace Family room Dining room Kitchen | 10x10 null B3 null 19x11 null 16.6x12 null 14x9.10 null 17.6x16 null |
Basic Calculator
First Mortgage: $500,000
Mortgage insurance premium: $0
Total Financing: $500,000
Rough closing fee (1.5%): ~ $9,375
Total downpayment with estimated closing fee: $134,375
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $4,224 | $50,688 |
Gross rental income (income/principal ratio) | 0.676% | 8.110% |
Mortgage | $0 | $0 |
Monthly Expenses | $782 | $9,384 |
Vacancy | $212 | $2,535 |
Management Fee | $338 | $4,056 |
Expense / Income Ratio | 18.51% | 18.51% |
Cash Flow | $2,893 | $34,716 |
Net Operating Income (NOI) | $2,893 | $34,716 |
Capitalization Rate | 0.46% | 5.55% |