364 Newfoundland Drive
St. John's, NL, A1A4A2
3 Beds | 2 Baths
$309,900
About the property (MLS: 1276665):
Well kept home with an open concept main living area. Large kitchen with center island, dining room, and spacious living room. There are three good sized bedrooms, with a two piece bath off the primary bedroom, plus another full bath. The basement is undeveloped allowing the buyer to configure to their taste. The rear yard is fully fenced and the home is located within walking distance to all amenities. The seller has signed a Seller's Direction Form indicating that no offers will be presented before noon on September 1. (id:56688)
Property Details
MLS: 1276665
Listing ID: 27338633
Address: 364 Newfoundland Drive, St. John's, Newfoundland & Labrador, Canada A1A4A2
Status: Active
Last updated: 9 days ago ( Aug 28, 2024 )
Year Built: 1972
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: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Fencing: Fence
Living Area Total: 2,376 square feet
Price per sq ft: $131
Tax Annual Amount: $2,196.74
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.600036, -52.70968]
Listing ID: 27338633
Address: 364 Newfoundland Drive, St. John's, Newfoundland & Labrador, Canada A1A4A2
Status: Active
Last updated: 9 days ago ( Aug 28, 2024 )
Year Built: 1972
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: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Fencing: Fence
Living Area Total: 2,376 square feet
Price per sq ft: $131
Tax Annual Amount: $2,196.74
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.600036, -52.70968]
Rooms
| Basement | Laundry room | |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Dining room Kitchen | B4 null 10 X 11.8 null 8.8 X 12 null E2 null 10.8 X 14.5 null 13.5 X 18.3 null 9.3 X 9.4 null 9.6 X 12 null |
Basic Calculator
First Mortgage: $247,920
Mortgage insurance premium: $0
Total Financing: $247,920
Rough closing fee (1.5%): ~ $4,649
Total downpayment with estimated closing fee: $66,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,614 | $31,368 |
| Gross rental income (income/principal ratio) | 0.843% | 10.122% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $388 | $4,656 |
| Vacancy | $131 | $1,569 |
| Management Fee | $210 | $2,510 |
| Expense / Income Ratio | 14.84% | 14.84% |
| Cash Flow | $1,887 | $22,644 |
| Net Operating Income (NOI) | $1,887 | $22,644 |
| Capitalization Rate | 0.61% | 7.31% |
Capitalization Rate: 7.31%
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).): $442,715
