About the property (MLS: 1276611):
This ideal starter home or investment property is located only minutes from MUN and the Avalon Mall. Situated on a large lot with rear yard vehicle access, this home offers hardwood floors and stairs, second floor laundry, three baths including three piece ensuite in the primary suite. The basement is fully developed with fourth bedroom, rec room, and three piece bath. The main floor family room is presently used as an extra bedroom however the wall can be easily removed as it is not attached to the floor or ceiling. No offers to be presented until after 6pm on Wednesday August 28th, 2024 as per Sellers Direction. (id:56688)
Property Details
Listing ID: 27331055
Address: 11 Seaborn Street, St. John's, Newfoundland & Labrador, Canada A1B5B7
Status: Active
Last updated: 11 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: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Fencing: Partially fenced
Living Area Total: 1,990 square feet
Price per sq ft: $146
Tax Annual Amount: $2,335
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.566282, -52.765614]
Rooms
Main level | Family room Eating area Kitchen Living room Porch | 11 x 12'2 null 10 '6 x 9'4 null 9 '4 x 8 '4 null 14 ' 4 x 11 '6 null 7 x 4 null |
Basement | Bath (# pieces 1-6) Bedroom Recreation room | B3 null 10 x 16 null 18 x 16 null |
Second level | Ensuite Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Laundry room | E3 null B4 null 15 x 11 null 9 x 13 null 10 '8 x 11 null L2 null |
Basic Calculator
First Mortgage: $231,920
Mortgage insurance premium: $0
Total Financing: $231,920
Rough closing fee (1.5%): ~ $4,349
Total downpayment with estimated closing fee: $62,329
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,189 | $26,268 |
Gross rental income (income/principal ratio) | 0.755% | 9.061% |
Mortgage | $0 | $0 |
Monthly Expenses | $363 | $4,356 |
Vacancy | $110 | $1,314 |
Management Fee | $176 | $2,102 |
Expense / Income Ratio | 16.58% | 16.58% |
Cash Flow | $1,542 | $18,504 |
Net Operating Income (NOI) | $1,542 | $18,504 |
Capitalization Rate | 0.53% | 6.38% |