About the property (MLS: 1275897):
Welcome to 44 Mountainview Drive, Goulds! Nestled on a spacious, mostly fenced, treed lot, this property offers ample parking and a 16x20 detached garage. This registered two-apartment home stands out not just for its attractive price but also for the incredible value in its lot, location, and privacy. The main unit boasts three generously sized bedrooms, a large living room, a dining room, and a kitchen with endless possibilities. Additionally, there's a huge rec room, perfect for family gatherings or entertainment. The one-bedroom apartment features a spacious living room, kitchen, and a large bedroom, offering great rental potential or additional family space.With a bit of love and care, this property could become your ideal home or a lucrative rental opportunity. Don't miss the chance to own a piece of tranquility at 44 Mountainview Drive! As per the sellers directions offers being presented at 7Pm on the 12th. (id:56688)
Property Details
Listing ID: 27266284
Address: 44 Mountainview Drive, Goulds, Newfoundland & Labrador, Canada A1S1C8
Status: Active
Last updated: a month ago ( Aug 8, 2024 )
Year Built: 1973
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,958 square feet
Price per sq ft: $143
Tax Annual Amount: $2,129
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.450828, -52.780719]
Rooms
Basement | Bedroom Living room/Dining room Kitchen Recreation room | 14x11 null 20x11 null 11x11 null 18.4x10.8 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room Foyer | 4PC null 10x9 null 12x8 null 11.3x10.7 null 10.6x10 null 10.4x8 null 14x12.5 null 10x5 null |
Basic Calculator
First Mortgage: $223,920
Mortgage insurance premium: $0
Total Financing: $223,920
Rough closing fee (1.5%): ~ $4,199
Total downpayment with estimated closing fee: $60,179
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,154 | $25,848 |
Gross rental income (income/principal ratio) | 0.770% | 9.235% |
Mortgage | $0 | $0 |
Monthly Expenses | $350 | $4,200 |
Vacancy | $108 | $1,293 |
Management Fee | $173 | $2,068 |
Expense / Income Ratio | 16.25% | 16.25% |
Cash Flow | $1,524 | $18,288 |
Net Operating Income (NOI) | $1,524 | $18,288 |
Capitalization Rate | 0.54% | 6.53% |