10 Fairweather Avenue
Mount Pearl, NL, A1N2S6
3 Beds | 2 Baths
$259,900
About the property (MLS: 1276534):
Welcome to this delightful 3-bedroom bungalow nestled on a quiet street in the heart of Mount Pearl. This home is perfectly located, offering easy access to schools, shopping centers, and all the amenities that Mount Pearl has to offer. The main level of this home features a spacious living room and dining room, as well as a large kitchen with plenty of room for a table or island, making it an ideal space for entertaining and family gatherings. The main floor also offers two generously sized bedrooms, a spacious bathroom, and the convenience of main floor laundry. The partially developed basement offers great potential, with a rec room, an additional bedroom, an office, a 4-piece bathroom, and ample storage and utility space—all awaiting your personal touch. Outside, the fenced yard offers comfort and privacy for your outdoor activities. Recent upgrades to the property include new shingles, fresh interior plaster and paint throughout the main, and updates to lighting and flooring in select areas. **The fireplace has not been used in recent years and is being sold in “as is” condition. Basement bedroom window may not meet modern egress requirements. Seller has requested no conveyance of offers prior to 3pm on Friday, August 30, 2024. (id:56688)
Property Details
Listing ID: 27338772
Address: 10 Fairweather Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N2S6
Status: Active
Last updated: 10 days ago ( Aug 28, 2024 )
Year Built: 1978
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: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 2,080 square feet
Price per sq ft: $125
Tax Annual Amount: $1,930.39
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Aluminum siding
Common Interest: Freehold
Number of photos available: 35
Rurl
Coordinates: [47.510428, -52.806835]
Rooms
| Basement | Utility room Storage Den Bedroom Recreation room Bath (# pieces 1-6) | 9.9x8.5 null 6.2x9 null 13.6x10.9 null 14.2x8.7 null 14.3x16 null 4pc |
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Primary Bedroom Kitchen Dining room Living room Porch | 5x7.8 null 4pc 12.9x7.7 null 10x15 null 9.3 11.2 null 9.6x11.3 null 16.4x11.7 null 9x6.8 null |
Basic Calculator
First Mortgage: $207,920
Mortgage insurance premium: $0
Total Financing: $207,920
Rough closing fee (1.5%): ~ $3,899
Total downpayment with estimated closing fee: $55,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,288 | $27,456 |
| Gross rental income (income/principal ratio) | 0.880% | 10.564% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $325 | $3,900 |
| Vacancy | $115 | $1,373 |
| Management Fee | $184 | $2,197 |
| Expense / Income Ratio | 14.20% | 14.20% |
| Cash Flow | $1,666 | $19,992 |
| Net Operating Income (NOI) | $1,666 | $19,992 |
| Capitalization Rate | 0.64% | 7.69% |
