About the property (MLS: 1275634):
Gorgeous Ocean views on a quiet Cul de sac located between 2 marinas over looking the waters of conception bay. The first Bone structure house in Newfoundland which uses fabricated steel framing components which provides a solid vast open concept space with walls of windows. The living room, kitchen and dining area is open, modern and bright with large windows and 14ft. Ceilings. The large master also is located on the main floor, with a covered private Master terrace, huge ensuite and walk-in closet. The walk out basement has 2 large and bright bedrooms, large bathroom, laundry and a media/rec room. Also for lease for $4,200 per month 1 year lease. This state of the art home has air to water heat pump with in floor heating with an electric furnace for backup. Attached garage and rear yard access. Close to amenities and spectacular views. (id:56688)
Property Details
Listing ID: 27237532
Address: 8 Commodore Place, Conception Bay South, Newfoundland & Labrador, Canada A1W0A9
Status: Active
Last updated: 9 days ago ( Oct 25, 2024 )
Year Built: 2016
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 2,705 square feet
Price per sq ft: $281
Tax Annual Amount: $2,400
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Range - Gas, Dishwasher, Dryer
Water Source: Municipal water
Heating: Heat Pump, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Other
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.519153, -52.972883]
Rooms
Lower level | Family room Bedroom Laundry room Bath (# pieces 1-6) Bedroom | 8.85*14.3 null 12*12 null 5*7.5 null 4pc 14.67*15 null |
Main level | Ensuite Bath (# pieces 1-6) Dining room Primary Bedroom Kitchen Living room/Fireplace | 5PC null 2PC null 14.5*16.15 null 12.3*14.67 null 9.85*22 null 15.5*18.65 null |
Basic Calculator
First Mortgage: $607,920
Mortgage insurance premium: $0
Total Financing: $607,920
Rough closing fee (1.5%): ~ $11,399
Total downpayment with estimated closing fee: $163,379
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,976 | $35,712 |
Gross rental income (income/principal ratio) | 0.392% | 4.700% |
Mortgage | $0 | $0 |
Monthly Expenses | $950 | $11,400 |
Vacancy | $149 | $1,786 |
Management Fee | $239 | $2,857 |
Expense / Income Ratio | 31.92% | 31.92% |
Cash Flow | $1,640 | $19,680 |
Net Operating Income (NOI) | $1,640 | $19,680 |
Capitalization Rate | 0.22% | 2.59% |