35 Rotary Drive
St. John's, NL, A1E0C2
5 Beds | 3 Baths
$449,900
About the property (MLS: 1276585):
This well-maintained, spacious 2-apartment home features 5 bedrooms and 3 full bathrooms, with an open-concept living area on the main floor. Recent updates include new flooring in the living area, new carpet on the stairs, a new kitchen countertop and sink, and fresh paint throughout the main floor. The main floor 12 x 10 patio deck offers a view of Signal Hill, and all decks have been recently stained. The lower level includes a family room, laundry room, and a separate storage room. The above-ground 2-bedroom apartment is currently rented, and the tenant wishes to stay. (id:56688)
Property Details
Listing ID: 27330815
Address: 35 Rotary Drive, St. John's, Newfoundland & Labrador, Canada A1E0C2
Status: Active
Last updated: 13 days ago ( Aug 30, 2024 )
Year Built: 2013
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Living Area Total: 2,280 square feet
Price per sq ft: $198
Tax Annual Amount: $3,600
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: Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.549102, -52.751326]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen Storage Laundry room Family room | 4 pc 11.7 x 9.4 null 13.5 x 11.3 null 14.9 x 10 null 14 x 11 null 6.5 x 4.5 null 7.10 x 6 null 11.6 x 11.3 null |
| Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Kitchen Dining nook Living room Porch | 4 pc 3 pc 12.6 x 9 null 12.6 x 9.4 null 14.6 x 11 null 11 x 11 null 10.6 x 7 null 14 x 12 null 4 x 4.6 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,508 | $30,096 |
| Gross rental income (income/principal ratio) | 0.557% | 6.689% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $126 | $1,505 |
| Management Fee | $201 | $2,408 |
| Expense / Income Ratio | 22.45% | 22.45% |
| Cash Flow | $1,619 | $19,428 |
| Net Operating Income (NOI) | $1,619 | $19,428 |
| Capitalization Rate | 0.36% | 4.32% |
