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TelephoneEmail9 Lawn Point Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N0K1

9 Lawn Point Avenue

Mount Pearl, NL, A1N0K1

location

4 Beds | 3 Baths

$530,000

9 Lawn Point Avenue Mount Pearl Newfoundland & Labrador Canada A1N0K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Lawn Point Avenue Mount Pearl Newfoundland & Labrador Canada A1N0K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Lawn Point Avenue Mount Pearl Newfoundland & Labrador Canada A1N0K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1276737
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio28.03%28.03%
Cash Flow$1,395$16,740
Net Operating Income (NOI)$1,395$16,740
Capitalization Rate0.26%3.16%
Capitalization Rate: 3.16%
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).): $757,143