About the property (MLS: 1276075):
Welcome to 26 Cambridge Crescent, situated on a quiet street in a highly desired neighbourhood. This registered 2-apartment home is a rare find as it features a fully above ground 1 bedroom apartment!! Situated on a half acre of land this property boasts a stunning yard with mature trees, afternoon and evening sun, rear yard access and potential for your dream garage! The main unit has a spacious living room, dining room with access to the large patio, kitchen with granite countertops and ample counter and cupboard space, upstairs you will find main bathroom and three bedrooms and the basement has a rec. room as well as laundry room. The main unit also has a large crawl space with ample storage. The registered apartment has living room, 1 bedroom, full bathroom, kitchen with access to the rear patio! Per attached seller's direction, there will be no conveyance of offers before 8pm on August 18th. (id:56688)
Property Details
Listing ID: 27285623
Address: 26 Cambridge Crescent, Conception Bay South, Newfoundland & Labrador, Canada A1W4C8
Status: Active
Last updated: 22 days ago ( Aug 16, 2024 )
Year Built: 1986
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric, Wood
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,106 square feet
Price per sq ft: $186
Tax Annual Amount: $2,646
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, Wood
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.519101, -52.935956]
Rooms
Fourth level | Not known Not known Not known | 12x12 null 12x14 null 8x20 null |
Third level | Family room | 14x23 null |
Second level | Bedroom Bedroom Primary Bedroom | 9x11 null 9x11 null 12x12 null |
Main level | Living room Not known | 13x14 null 10x20 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,317 | $27,804 |
Gross rental income (income/principal ratio) | 0.594% | 7.131% |
Mortgage | $0 | $0 |
Monthly Expenses | $488 | $5,856 |
Vacancy | $116 | $1,391 |
Management Fee | $186 | $2,225 |
Expense / Income Ratio | 21.06% | 21.06% |
Cash Flow | $1,528 | $18,336 |
Net Operating Income (NOI) | $1,528 | $18,336 |
Capitalization Rate | 0.39% | 4.70% |