26 Palm Drive
St John's, NL, A1H1C6
4 Beds | 2 Baths
$399,900
About the property (MLS: 1276969):
Fully developed 4 bedroom bungalow in Southlands! The spacious main floor boasts an open concept kitchen/dining/living area with hardwood floors, crown mouldings, propane fireplace and mini split to keep you warm in the winter and cool in the summer. Completing this level are the oversized primary bedroom with cathedral ceilings and walk-in closet, second bedroom and main bath with jetted tub. Downstairs hosts a generous rec room with wet bar and additional propane fireplace, 2 additional bedrooms, full bath, laundry room and mudroom. The rear deck overlooks the fully fenced rear yard. This home is perfect for the growing family with the space to entertain both inside and out. Located close to shopping, walking trails and all amenities. (id:56688)
Property Details
Listing ID: 27364212
Address: 26 Palm Drive, St John's, Newfoundland & Labrador, Canada A1H1C6
Status: Active
Last updated: 9 days ago ( Jan 9, 2025 )
Year Built: 2006
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Fencing: Fence
Living Area Total: 2,402 square feet
Price per sq ft: $167
Tax Annual Amount: $3,200
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.488162, -52.81741]
Rooms
| Basement | Storage Mud room Laundry room Bath (# pieces 1-6) Bedroom Bedroom Recreation room | 12 x 16 null 14 x 6 null 9 x 6 null 9.2 x 6 null 13.7 x 11.7 null 12.5 x 10.5 null 20.5 x 11.7 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room/Dining room | 10 x 8 null 12 x 10 null 22 x 12 null 25.5 x 20.5 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,643 | $31,716 |
| Gross rental income (income/principal ratio) | 0.661% | 7.931% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $133 | $1,586 |
| Management Fee | $212 | $2,538 |
| Expense / Income Ratio | 18.92% | 18.92% |
| Cash Flow | $1,800 | $21,600 |
| Net Operating Income (NOI) | $1,800 | $21,600 |
| Capitalization Rate | 0.45% | 5.40% |
