25 Valleyview Avenue
Mount Pearl, NL, A1N1L6
2 Beds | 1 Bath
$250,000
About the property (MLS: 1276380):
First time homeowner or looking to downsize? Check out 25 Valleyview Avenue! Located on a quiet street off of Park Avenue in Mount Pearl, this bungalow was full remodelled and modernized just a few years ago. Offering simplified living, you'll find a a beautiful eat-in kitchen, living room, bathroom, and 2 bedrooms all on the main floor. Outside, the backyard is surrounded by plenty of mature trees on a level lot and includes a nice sized storage shed. Located just a few minutes walk to the popular T'Railway walking/biking trails, bus routes, shopping, and access to the Team Gushue Highway, this home is a perfect starter home for anyone looking to quit renting and invest in a place of their own, someone looking to add to their investment portfolio, or those wanting to downsize and remain in a central location. In this market, it's not going to last long! (id:56688)
Property Details
Listing ID: 27311838
Address: 25 Valleyview Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1L6
Status: Active
Last updated: 17 days ago ( Aug 20, 2024 )
Year Built: 1950
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 675 square feet
Price per sq ft: $371
Tax Annual Amount: $1,233.54
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Cedar shingles, Vinyl siding, Other
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.52057, -52.786159]
Rooms
| Main level | Bedroom Bedroom Living room Not known Porch | 10x9.5 null 11.5x7.5 null 11x10 null 19x10 null 8x4 null |
Basic Calculator
First Mortgage: $200,000
Mortgage insurance premium: $0
Total Financing: $200,000
Rough closing fee (1.5%): ~ $3,750
Total downpayment with estimated closing fee: $53,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $743 | $8,916 |
| Gross rental income (income/principal ratio) | 0.297% | 3.566% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $38 | $446 |
| Management Fee | $60 | $714 |
| Expense / Income Ratio | 42.13% | 42.13% |
| Cash Flow | $334 | $4,008 |
| Net Operating Income (NOI) | $334 | $4,008 |
| Capitalization Rate | 0.13% | 1.60% |
