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TelephoneEmail12 Maurice Putt Crescent, St. John's, Newfoundland & Labrador, Canada A1B1G6

12 Maurice Putt Crescent

St. John's, NL, A1B1G6

location

4 Beds | 4 Baths

$475,000

12 Maurice Putt Crescent St. John's Newfoundland & Labrador Canada A1B1G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276377):

This beautiful 2 apartment split entry home in sought after Kenmount Terrace is currently UNDER CONSTRUCTION. The main level of this brand new modern home offers a beautiful staircase, a spacious open concept kitchen, dining and living room design with large windows that fill the space with natural light. The primary bedroom has a walk-in closet and ensuite, two other spacious bedrooms and a 3 piece main bathroom on the main level. The basement level for the main unit will consist of a rec room, a half bath and separate laundry room. The grade level entry, one bedroom apartment has an incredible kitchen with lots of cabinet space that flows into the open concept eat-in kitchen and living room area. Large 3 piece bathroom, laundry room and a huge bedroom with a walk-in closet. 10x12 back patio. Act fast and take advantage of the generous allowances and pic your own finishes. 7 year LUX Home Warranty. HST rebate back to the vendor. (id:56688)

Property Details
MLS: 1276377
Listing ID: 27307441
Address: 12 Maurice Putt Crescent, St. John's, Newfoundland & Labrador, Canada A1B1G6
Status: Active
Last updated: 18 days ago ( Aug 19, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,466 square feet
Price per sq ft: $193
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.55211, -52.788043]

Rooms

Basement
Bedroom
Kitchen
Living room
12.2x11.2 null
14.10x9.2 null
16.2x12.2 null
Main level
Primary Bedroom
Living room
Kitchen
12x12 null
25.4x11.2 null
9.6x9.1 null

Basic Calculator



First Mortgage: $380,000

Mortgage insurance premium: $0

Total Financing: $380,000

Rough closing fee (1.5%): ~ $7,125

Total downpayment with estimated closing fee: $102,125

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,713$32,556
Gross rental income (income/principal ratio)0.571%6.854%
Mortgage$0$0
Monthly Expenses$594$7,128
Vacancy$136$1,628
Management Fee$218$2,605
Expense / Income Ratio21.89%21.89%
Cash Flow$1,767$21,204
Net Operating Income (NOI)$1,767$21,204
Capitalization Rate0.37%4.46%
Capitalization Rate: 4.46%
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).): $678,572