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TelephoneEmail18 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8

18 Lynch Place

St. John's, NL, A1B4L8

location

3 Beds | 2 Baths

$369,900

18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276475):

A well designed duplex featuring an attached garage, conveniently situated near MUN, Health Science Centre, and Avalon Mall. This home offers an open concept layout with two bedrooms and a full bathroom on the main floor, complemented by a third bedroom, another full bathroom, and laundry facilities on the lower level. Additional highlights include a 10 x 12 patio deck, a paved driveway, complete landscaping, and a 7-year Atlantic Home Warranty. This home is gyproced at time of listing. The cabinets have been ordered and there is still time to select your interior finishes. Sample interior photos attached to listing. CHECK OUT THE AWESOME CITY VIEWS ON LYNCH PLACE! (id:56688)

Property Details
MLS: 1276475
Listing ID: 27319607
Address: 18 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: 16 days ago ( Aug 22, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 1,507 square feet
Price per sq ft: $246
Tax Annual Amount: $3,300
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 8
Rurl
Coordinates: [47.555533, -52.749866]

Rooms

Lower level
Porch
Bath (# pieces 1-6)
Laundry room
Bedroom
Foyer
7 x 4 null
4pc
8.11 x 5.7 null
13.8 x 11.4 null
11.7 x 6.4 null
Main level
Bath (# pieces 1-6)
Bedroom
Primary Bedroom
Kitchen
Living room
4pc
9.5 x 11 null
12 x 13 null
15 x 12 null
16 x 15 null

Basic Calculator



First Mortgage: $295,920

Mortgage insurance premium: $0

Total Financing: $295,920

Rough closing fee (1.5%): ~ $5,549

Total downpayment with estimated closing fee: $79,529

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,658$19,896
Gross rental income (income/principal ratio)0.448%5.379%
Mortgage$0$0
Monthly Expenses$463$5,556
Vacancy$83$995
Management Fee$133$1,592
Expense / Income Ratio27.93%27.93%
Cash Flow$980$11,760
Net Operating Income (NOI)$980$11,760
Capitalization Rate0.26%3.18%
Capitalization Rate: 3.18%
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).): $528,429