About the property (MLS: 1276737):
Welcome to 9 Lawn Point, Mt Pearl, Pearlview Subdivision. This Edwards Developing built home is soon starting its construction and ready for you to add your design and style. This 2 apart, split entry home, with in house garage has a main floor open concept living space consisting of living room, dining and kitchen. The kitchen will have an island and pantry. There are 3 good size bedrooms, a main bath, with the primary room containing an en-suite and walk in closet. The basement will host a rec room, laundry room and entrance for garage; the remaining of the basement is the 1 bedroom apartment; living room, kitchen, bath, laundry & bedroom. Exterior landscaping will be completed, a double paved driveway and a rear 10x12 deck. As well, we have the option of a complimentary interior design consultation to help you make this house your HOME. ** Any drawings are Artist Concept, actual house may not be exactly as shown. ** HST included in list price to be rebated to vendor on closing. ** Property taxes are estimated. (id:56688)
Property Details
Listing ID: 27361774
Address: 9 Lawn Point Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N0K1
Status: Active
Last updated: 3 days ago ( Sep 4, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Ceramic Tile
Living Area Total: 2,150 square feet
Price per sq ft: $247
Tax Annual Amount: $3,763
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.533606, -52.814069]
Rooms
Basement | Bath (# pieces 1-6) Not known Not known Recreation room | 4PC null 11.6x12.1 null 17x14.4 null 10.4x16 null |
Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Not known Living room | 4PC null 4PC null 9x11.4 null 9.6x10.6 null 12x13 null 12x13.6 null 11.2x17 null |
Basic Calculator
First Mortgage: $424,000
Mortgage insurance premium: $0
Total Financing: $424,000
Rough closing fee (1.5%): ~ $7,950
Total downpayment with estimated closing fee: $113,950
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,365 | $28,380 |
Gross rental income (income/principal ratio) | 0.446% | 5.355% |
Mortgage | $0 | $0 |
Monthly Expenses | $663 | $7,956 |
Vacancy | $119 | $1,419 |
Management Fee | $190 | $2,271 |
Expense / Income Ratio | 28.03% | 28.03% |
Cash Flow | $1,395 | $16,740 |
Net Operating Income (NOI) | $1,395 | $16,740 |
Capitalization Rate | 0.26% | 3.16% |