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TelephoneEmail2 Maurice Putt Crescent, St. John’s, Newfoundland & Labrador, Canada A1B0S2

2 Maurice Putt Crescent

St. John’s, NL, A1B0S2

location

5 Beds | 3 Baths

$450,000

2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Maurice Putt Crescent St. John’s Newfoundland & Labrador Canada A1B0S2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276508):

2 apartment only 6 years old. 3 beds up plus 2 full baths and 2 bed down plus 1 full bath. Corner lot with 2 separate driveways. Main has eat in kitchen with access to a patio deck. Primary bedroom has a good sized walk in closet and full bath ensuite. 2 regular sized bedrooms and another full bath. Laundry/ storage is downstairs. Apartment has a covered well entrance so no snow to shovel. Eat in kitchen plus 2 regular sized bedrooms and laundry. Viewings have to be set up on Broker Bay. Saturday and Sunday 10;00 am till 6:00 pm both days. Per the seller’s direction, there will be no presentation of offers before 6pm on Monday, Aug 26. (id:56688)

Property Details
MLS: 1276508
Listing ID: 27321588
Address: 2 Maurice Putt Crescent, St. John’s, Newfoundland & Labrador, Canada A1B0S2
Status: Active
Last updated: 20 days ago ( Aug 22, 2024 )
Year Built: 2018
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,310 square feet
Price per sq ft: $195
Tax Annual Amount: $3,300
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: Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.551434, -52.789389]

Rooms

Lower level
Porch
Not known
Not known
Not known
Not known
Laundry room
4 x 7 null
9 x 10 null
11 x 10 null
9 x 10 null
9 x 11 null
11 x 11 null
Main level
Porch
Bedroom
Bedroom
Primary Bedroom
Living room
Not known
4 x 6 null
9.3 x 9.3 null
9.3 x 9.3 null
12.75 x 12 null
12 x 11.75 null
12.5 x 18 null

Basic Calculator



First Mortgage: $360,000

Mortgage insurance premium: $0

Total Financing: $360,000

Rough closing fee (1.5%): ~ $6,750

Total downpayment with estimated closing fee: $96,750

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,541$30,492
Gross rental income (income/principal ratio)0.565%6.776%
Mortgage$0$0
Monthly Expenses$563$6,756
Vacancy$128$1,525
Management Fee$204$2,440
Expense / Income Ratio22.16%22.16%
Cash Flow$1,648$19,776
Net Operating Income (NOI)$1,648$19,776
Capitalization Rate0.37%4.39%
Capitalization Rate: 4.39%
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).): $642,858