About the property (MLS: 1276590):
72 Smallwood Drive is situated on a large lot providing drive-in access to the rear of the property. Great for parking and storage for recreational vehicles or outdoor equipment. This 3 bedroom home (potential for a 4th in the basement) has lots to offer. Enjoy an eat in kitchen with white cabinets and access to the rear patio deck. The open concept living room/dining room combo is bright and spacious and ideal for entertaining. The partially developed basement includes a room that can easily be converted into a fourth bedroom, a convenient laundry room and an expansive undeveloped area that can be transformed into a large rec room. This property presents an exciting opportunity for further development. Don’t miss your chance to make this house your home. (id:56688)
Property Details
Listing ID: 27330801
Address: 72 Smallwood Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N1B1
Status: Active
Last updated: 12 days ago ( Aug 26, 2024 )
Year Built: 1965
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted
Living Area Total: 2,164 square feet
Price per sq ft: $139
Tax Annual Amount: $1,821
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Heating: Oil
Flooring: Hardwood, Carpeted
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.516691, -52.797067]
Rooms
Basement | Bath (# pieces 1-6) Storage Other Laundry room Office | B3 null 18.9x19.5 null 14.2x9.6 null 8x7.9 null 9.8x10 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | B4 null 11x9.3 null 11.7x8.7 null 11.6x10.4 null 15.4x12.7 null 9.3x8.7 null 14x12 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,381 | $28,572 |
Gross rental income (income/principal ratio) | 0.794% | 9.527% |
Mortgage | $0 | $0 |
Monthly Expenses | $375 | $4,500 |
Vacancy | $120 | $1,429 |
Management Fee | $191 | $2,286 |
Expense / Income Ratio | 15.75% | 15.75% |
Cash Flow | $1,697 | $20,364 |
Net Operating Income (NOI) | $1,697 | $20,364 |
Capitalization Rate | 0.57% | 6.79% |