72 Pleasant Street
St.John’s, NL, A1L1E4
3 Beds | 3 Baths
$349,900
About the property (MLS: 1275673):
This stunning, renovated downtown home is close to all amenities including shopping, hospitals, schools and highway access. The main floor features an open concept kitchen, living/dining room and half bath. The second floor has two well-sized bedrooms, large laundry room and full bathroom. The primary suite takes up the entire third floor with a sanctuary-like full bathroom with gorgeous tiled shower. The deck off the second floor provides outdoor entertaining space to enjoy those summer evening BBQs! (id:56688)
Property Details
MLS: 1275673
Listing ID: 27241861
Address: 72 Pleasant Street, St.John’s, Newfoundland & Labrador, Canada A1L1E4
Status: Active
Last updated: 4 months ago ( Aug 1, 2024 )
Year Built: 1930
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 1,600 square feet
Price per sq ft: $219
Tax Annual Amount: $2,748
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.555785, -52.718544]
Listing ID: 27241861
Address: 72 Pleasant Street, St.John’s, Newfoundland & Labrador, Canada A1L1E4
Status: Active
Last updated: 4 months ago ( Aug 1, 2024 )
Year Built: 1930
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 1,600 square feet
Price per sq ft: $219
Tax Annual Amount: $2,748
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.555785, -52.718544]
Rooms
| Third level | Ensuite Primary Bedroom | 4pcs 16x11 null |
| Second level | Laundry room Bedroom Bath (# pieces 1-6) Bedroom | 13.5x9 null 11.4X9 null 4pcs 11X11 null |
| Main level | Bath (# pieces 1-6) Living room/Dining room Kitchen | 2pcs 21X13 null 13X12 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,761 | $21,132 |
| Gross rental income (income/principal ratio) | 0.503% | 6.039% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $89 | $1,057 |
| Management Fee | $141 | $1,691 |
| Expense / Income Ratio | 24.87% | 24.87% |
| Cash Flow | $1,095 | $13,140 |
| Net Operating Income (NOI) | $1,095 | $13,140 |
| Capitalization Rate | 0.31% | 3.76% |
Capitalization Rate: 3.76%
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).): $499,858
