6 Timber Place
Conception Bay South, NL, A1X0H3
2 Beds | 2 Baths
$349,000
About the property (MLS: 1276579):
Top 5 Reasons You'll Love This Home: 1) This modern split-level home is just 7 years old and completely move-in ready. Every detail, inside and out, has been thoughtfully finished—just move in and relax. 2) Since its construction, the owners have upgraded and renovated the downstairs family room, installed a mini-split for efficient heating and cooling, built an additional garage, and fully fenced the yard for added privacy. 3) Located on a spacious lot in a family-friendly neighborhood, this home sits at the end of a quiet cul-de-sac—perfect for peace and safety. 4) Enjoy ample storage and workspace with both an 11' x 29' in-house garage and a 14' x 20' detached garage, offering plenty of room for all your needs. 5) This home is situated in the ever-growing Town of Conception Bay South where there is an abundance of amenities—grocery stores, coffee shops, restaurants, schools, and of course, the ocean! Also, this home is a one minute drive to the main highway. **** As per Seller's direction, all offers to be reviewed on Saturday, August 31 at 6pm**** (id:56688)
Property Details
Listing ID: 27338617
Address: 6 Timber Place, Conception Bay South, Newfoundland & Labrador, Canada A1X0H3
Status: Active
Last updated: 9 days ago ( Aug 29, 2024 )
Year Built: 2017
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,462 square feet
Price per sq ft: $239
Tax Annual Amount: $2,407
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Central air conditioning
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.461663, -53.064533]
Rooms
| Basement | Storage Laundry room Family room | 10.6 X 7 null . null 29 X 9 null |
| Main level | Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Living room Not known | 9.8x10.2 null 4PC null 11.7x12 null 4PC null 14.8x11 null 15.2x11 null |
Basic Calculator
First Mortgage: $279,200
Mortgage insurance premium: $0
Total Financing: $279,200
Rough closing fee (1.5%): ~ $5,235
Total downpayment with estimated closing fee: $75,035
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,609 | $19,308 |
| Gross rental income (income/principal ratio) | 0.461% | 5.532% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $437 | $5,244 |
| Vacancy | $81 | $966 |
| Management Fee | $129 | $1,545 |
| Expense / Income Ratio | 27.16% | 27.16% |
| Cash Flow | $963 | $11,556 |
| Net Operating Income (NOI) | $963 | $11,556 |
| Capitalization Rate | 0.28% | 3.31% |
