About the property (MLS: 1276500):
Welcome to 25 Wabush Place, St. Johns located in a sought after location in Cowan Heights. This spacious 2 apartment home backs on to a green belt and is situated on a quiet P-loop cul de sac close to all major amenities. The main unit features a large living/ dining and kitchen area with new appliances, light fixtures, flooring, countertop, sink, and paint. There are 3 bedrooms with the primary having a nice sized en-suite and closet space. There's also your main 4pc bathroom. Heading downstairs is a large rec-room, laundry room with rough in for sink and toilet and storage under the stairs. The 2 Bedroom basement apartment is very well kept and has new flooring and paint in recent years along with new fridge, range and bathroom sink. There is a nice kitchen area, living space, laundry room and bathroom. The home sits on a large lot with over 60ft of frontage and there is a small storage shed at the rear yard. Come check it out today! Per the attached seller's direction, offers to be presented no earlier than 7:00pm Sunday August 25th, 2024. (id:56688)
Property Details
Listing ID: 27325129
Address: 25 Wabush Place, St. John's, Newfoundland & Labrador, Canada A1E5V6
Status: Active
Last updated: 12 days ago ( Aug 25, 2024 )
Year Built: 1990
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, Mixed Flooring
Living Area Total: 2,592 square feet
Price per sq ft: $147
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.540598, -52.763824]
Rooms
Basement | Laundry room Bedroom Living room Bath (# pieces 1-6) Bedroom Kitchen | 5 x 6 null 9.2 x 9.5 null 11.7 x 13.1 null 4pc 10.8 x 13 null 11.9 x 12.9 null |
Lower level | Laundry room Recreation room | 6 x 6 null 13 x 16 null |
Main level | Ensuite Bedroom Primary Bedroom Dining room Bath (# pieces 1-6) Bedroom Not known Living room | 3pc 9 x 10.9 null 10.8 x 13.2 null 9 x 11.6 null 4pc 10 x 11 null 12 x 13 null 13.1 x 13.8 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,852 | $34,224 |
Gross rental income (income/principal ratio) | 0.751% | 9.009% |
Mortgage | $0 | $0 |
Monthly Expenses | $475 | $5,700 |
Vacancy | $143 | $1,712 |
Management Fee | $229 | $2,738 |
Expense / Income Ratio | 16.65% | 16.65% |
Cash Flow | $2,007 | $24,084 |
Net Operating Income (NOI) | $2,007 | $24,084 |
Capitalization Rate | 0.53% | 6.34% |