About the property (MLS: 1275472):
UNIQUE OPPORTUNITY! Perfectly positioned on a professionally landscaped, private nearly 1 acre lot with generous set back, in a highly sought after neighborhood in Topsail with ocean views! This impressive family home (~4900 sq ft) has undergone significant improvements in recent years, with careful attention to detail & finishes creating the ideal family friendly home while keeping entertaining in mind. With a focus on the incredible grounds & surroundings, the bright main floor, with large principle rooms & optimal layout, consists of open concept style great room (kitchen/living/dining). The true chef’s custom kitchen (completed by CherryNook) has a walk in pantry, an oversized sit up island (butcher block), ceiling height cabinetry, stainless steel appliances, backsplash, stunning copper accents & floating shelving opening to the spacious dining area with fireplace & adjoining living room. The rear wall of glass doors, opens to a large patio with hot tub & showcases outstanding gardens (fully landscaped by Murrays)! The main floor is complete with welcoming foyer, & large flex space (former in-house garage – easy conversion back if desired) ideal for home office, workspace, family room or side mudroom & powder room. Upstairs boasts four well proportioned bedrooms & convenient laundry. The primary suite features a walk in closet with built-in shelving & storage, leading through to the updated spa-inspired ensuite with double vanity & custom tiled shower. Three additional bedrooms (1 with ensuite), & updated main family bath with free standing tub & shower. The fully developed basement is finished with rec room, games room, fifth bedroom (window may not meet egress), bathroom, & two storage rooms. Pride of ownership is evident in this well cared for & renovated home, with energy efficient mini split providing heating and cooling and recently painted with an on trend neutral palette. Professional design and decor crafted under the direction of Sam Design. (id:56688)
Property Details
Listing ID: 27245791
Address: 2393 Topsail Road, Conception Bay South, Newfoundland & Labrador, Canada A1W2G9
Status: Active
Last updated: a month ago ( Aug 2, 2024 )
Year Built: 1982
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 5
1/2 Baths: 3
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 4,913 square feet
Price per sq ft: $179
Tax Annual Amount: $4,832
Tax Year: 2024
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, Mixed Flooring
Exterior Features: Brick, Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.539147, -52.930132]
Rooms
Basement | Bath (# pieces 1-6) Utility room Storage Bedroom Games room Recreation room | 4.7x6.2 2pc 12.1x14.11 null 12.6x15.7 null 20.7x14.4 null 18.11x14.9 null 18.4x14.2 null |
Second level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Bedroom Bedroom Ensuite Storage Primary Bedroom | - null 9.5x10.0 4pc 20.8x16.6 null 4.4x4.7 2pc 11.3x16.7 null 17.5x10.8 null 9.5x10.4 5pc 16.6x10.4 WIC null 16.9x20.2 null |
Main level | Bath (# pieces 1-6) Utility room Family room Laundry room Kitchen Dining room Living room Foyer Porch | 6.2x6.2 2pc 14.2x8.9 null - null 4.8x15.4 null 19.10x16.4 null 20.4x15.4 null 20.3x14.8 null 10.11x14.10 null 13.6x14.8 null |
Basic Calculator
First Mortgage: $699,920
Mortgage insurance premium: $0
Total Financing: $699,920
Rough closing fee (1.5%): ~ $13,124
Total downpayment with estimated closing fee: $188,104
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $5,405 | $64,860 |
Gross rental income (income/principal ratio) | 0.618% | 7.413% |
Mortgage | $0 | $0 |
Monthly Expenses | $1,094 | $13,128 |
Vacancy | $271 | $3,243 |
Management Fee | $433 | $5,189 |
Expense / Income Ratio | 20.24% | 20.24% |
Cash Flow | $3,609 | $43,308 |
Net Operating Income (NOI) | $3,609 | $43,308 |
Capitalization Rate | 0.41% | 4.95% |