18 Reddley Place
Conception Bay South, NL, A1W5P3
2 Beds | 2 Baths
$737,200
About the property (MLS: 1275633):
The main level features an open concept design, a kitchen, living room, and dining area, a primary bedroom with an ensuite and walk-in closet, an additional bedroom, a main bath, and laundry. This design also includes a covered front veranda, an attached garage, a dual-head mini-split. This design can also be modified to fit your needs! Allowances are available to add your personal touch to the kitchen layout and cabinets, flooring, lighting, etc. (id:56688)
Property Details
MLS: 1275633
Listing ID: 27241658
Address: 18 Reddley Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: 7 months ago ( Aug 5, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 2,766 square feet
Price per sq ft: $267
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric, Propane
Flooring: Other
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.52847, -52.933266]
Listing ID: 27241658
Address: 18 Reddley Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: 7 months ago ( Aug 5, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 2,766 square feet
Price per sq ft: $267
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric, Propane
Flooring: Other
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.52847, -52.933266]
Rooms
| Main level | Not known Dining room Living room Kitchen | 18.6 x 24 null 8 x 14 null 17 x 18 null 17 x 10 null |
| Second level | Bedroom Primary Bedroom | 10 x 10 null 12 x 16.10 null |
Basic Calculator
First Mortgage: $589,760
Mortgage insurance premium: $0
Total Financing: $589,760
Rough closing fee (1.5%): ~ $11,058
Total downpayment with estimated closing fee: $158,498
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,043 | $36,516 |
| Gross rental income (income/principal ratio) | 0.413% | 4.953% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $922 | $11,064 |
| Vacancy | $153 | $1,826 |
| Management Fee | $244 | $2,922 |
| Expense / Income Ratio | 30.30% | 30.30% |
| Cash Flow | $1,726 | $20,712 |
| Net Operating Income (NOI) | $1,726 | $20,712 |
| Capitalization Rate | 0.23% | 2.81% |
Capitalization Rate: 2.81%
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).): $1,053,143
