18 Larner Street
St. John's, NL, A1A5S7
2 Beds | 2 Baths
$389,900
About the property (MLS: 1276340):
For the first time on the market, this well-maintained bungalow in the highly desirable Clovelly Trails Subdivision is a fantastic opportunity for a wide range of buyers. The main level features an open-concept living area with a spacious sunken living room, a cozy propane fireplace, and cathedral ceilings that enhance the space. The eat-in kitchen, complete with a movable island, is flooded with natural light from ample windows, creating a warm and inviting space. Originally designed with three bedrooms, the home has been thoughtfully modified to include a large second bedroom in addition to the generously sized master bedroom and ensuite. If desired, the layout can easily be converted back to accommodate a third bedroom. The main floor also includes a 4-piece bathroom for convenience. The undeveloped basement offers excellent storage options and presents a blank canvas for future expansion, tailored to meet the unique needs of your family. This home has been lovingly cared for, with recent updates including new shingles and a water heater. Additional highlights include a spacious backyard, a storage shed with electrical hook-up, and a charming covered front veranda where you can relax and enjoy the vibrant community life. Located on school bus routes for MQP, St. Paul’s, and HHM, and in close proximity to the TCH, airport, shopping, and various recreational facilities, this home is perfectly positioned to accommodate your family's lifestyle. Don’t miss the chance to view this wonderful property. No Conveyance of any written sign offers prior to 12:00 PM on the 27th day of August, 2024 (id:56688)
Property Details
Listing ID: 27319666
Address: 18 Larner Street, St. John's, Newfoundland & Labrador, Canada A1A5S7
Status: Active
Last updated: 15 days ago ( Aug 27, 2024 )
Year Built: 2003
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 2,258 square feet
Price per sq ft: $173
Tax Annual Amount: $3,110
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.616065, -52.706519]
Rooms
| Basement | Storage Storage Storage | 29.03 x 11.08 null 24.04 x 12.01 null 33.03 x 11.05 null |
| Main level | Porch Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Living room Not known | 3.08 x 5.07 null 10.02 x 6.11 null 20.01 x 9.03 null 6.03 x 6.11 null 13.11 x 15.01 null 11.01 x 10.00 null 34.04 x 20.00 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 | $2,484 | $29,808 |
| Gross rental income (income/principal ratio) | 0.637% | 7.645% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $125 | $1,491 |
| Management Fee | $199 | $2,385 |
| Expense / Income Ratio | 19.65% | 19.65% |
| Cash Flow | $1,674 | $20,088 |
| Net Operating Income (NOI) | $1,674 | $20,088 |
| Capitalization Rate | 0.43% | 5.15% |
