153 PATRICK Street Unit#308
ST. JOHN'S, NL, A1B6B8
1 Bed | 1 Bath
$229,500
About the property (MLS: 1276468):
Beautiful 1 Bedroom condo in Hillshire Manor on Patrick Street. Bright unit on 3rd floor with view of Downtown & Harbour Front. All wood and ceramic floor throughout, nice large balcony. Building has elevator, exercise and meeting room. Also large private storage room. (id:56688)
Property Details
MLS: 1276468
Listing ID: 27336352
Address: 153 PATRICK Street Unit#308, ST. JOHN'S, Newfoundland & Labrador, Canada A1B6B8
Status: Active
Last updated: 10 days ago ( Aug 28, 2024 )
Year Built: 1975
Property Type: Single Family
Ownership Type: Condominium
Beds: 1
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 700 square feet
Price per sq ft: $328
Tax Annual Amount: $1,400
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Brick
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 440
Number of photos available: 28
Rurl
Coordinates: [47.557279, -52.720081]
Listing ID: 27336352
Address: 153 PATRICK Street Unit#308, ST. JOHN'S, Newfoundland & Labrador, Canada A1B6B8
Status: Active
Last updated: 10 days ago ( Aug 28, 2024 )
Year Built: 1975
Property Type: Single Family
Ownership Type: Condominium
Beds: 1
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 700 square feet
Price per sq ft: $328
Tax Annual Amount: $1,400
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Brick
Cooling: Air exchanger
Common Interest: Condo/Strata
Association Fee: 440
Number of photos available: 28
Rurl
Coordinates: [47.557279, -52.720081]
Rooms
| Main level | Bath (# pieces 1-6) Primary Bedroom Living room Kitchen | B4 null 22 X 8.2 null 20.6 X 13.4 null 14.6 X 11.6 null |
Basic Calculator
First Mortgage: $183,600
Mortgage insurance premium: $0
Total Financing: $183,600
Rough closing fee (1.5%): ~ $3,443
Total downpayment with estimated closing fee: $49,343
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $771 | $9,252 |
| Gross rental income (income/principal ratio) | 0.336% | 4.031% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $287 | $3,444 |
| Vacancy | $39 | $463 |
| Management Fee | $62 | $741 |
| Expense / Income Ratio | 37.22% | 37.22% |
| Cash Flow | $384 | $4,608 |
| Net Operating Income (NOI) | $384 | $4,608 |
| Capitalization Rate | 0.17% | 2.01% |
Capitalization Rate: 2.01%
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).): $327,858
