22 Reddley Place
Conception Bay South, NL, A1W5P3
2 Beds | 2 Baths
$854,000
About the property (MLS: 1275838):
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: 1275838
Listing ID: 27256871
Address: 22 Reddley Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: 5 months ago ( Aug 6, 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: 3,484 square feet
Price per sq ft: $246
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: 20
Rurl
Coordinates: [47.528152, -52.933325]
Listing ID: 27256871
Address: 22 Reddley Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: 5 months ago ( Aug 6, 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: 3,484 square feet
Price per sq ft: $246
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: 20
Rurl
Coordinates: [47.528152, -52.933325]
Rooms
| Main level | Not known Dining room Living room Kitchen | 19.3 x 21.6 null 12 x 13 null 17 x 14 null 13.6 x 13 null |
| Second level | Bedroom Primary Bedroom | 11 x 12 null 14 x 15 null |
Basic Calculator
First Mortgage: $683,200
Mortgage insurance premium: $0
Total Financing: $683,200
Rough closing fee (1.5%): ~ $12,810
Total downpayment with estimated closing fee: $183,610
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,833 | $45,996 |
| Gross rental income (income/principal ratio) | 0.449% | 5.386% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,068 | $12,816 |
| Vacancy | $192 | $2,300 |
| Management Fee | $307 | $3,680 |
| Expense / Income Ratio | 27.86% | 27.86% |
| Cash Flow | $2,267 | $27,204 |
| Net Operating Income (NOI) | $2,267 | $27,204 |
| Capitalization Rate | 0.27% | 3.19% |
Capitalization Rate: 3.19%
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).): $1,220,000
