2 Yale Place
Mount Pearl, NL, A1N2Z6
4 Beds | 2 Baths
$379,900
About the property (MLS: 1276978):
Welcome to your new home in the heart of Mount Pearl! This charming house, nestled in a peaceful cul-de-sac, is perfect for families looking for a safe and friendly neighborhood. Formerly a two-apartment dwelling, this property has been transformed into a spacious single-family home with plenty of room to grow. Step inside and you'll immediately notice the quality craftsmanship throughout. The house boasts three bedrooms and two well-appointed bathrooms, providing ample space for everyone. The main floor also offers a large living room, dining area, and gorgeous kitchen with plenty of cabinets. The basement has a large rec room, a large bedroom, storage room, and laundry. One of the standout features of this home is its beautiful garden, complete with a huge patio deck. Imagine sipping your morning coffee or hosting summer barbecues in this outdoor oasis. It's like having your own little slice of paradise right in your backyard! Location is key, and this house doesn't disappoint. You'll be close to walking trails and playgrounds, perfect for active families or anyone who enjoys a bit of fresh air and exercise. No need to travel far for a dose of nature or to let the kids burn off some energy! The current owners have taken excellent care of this property, with numerous renovations to keep it in top shape. Recent updates include replacing copper water lines with PEX for improved efficiency, a new water boiler installed just this year, and a kitchen and bathroom remodel in 2008. New shingles were added in 2018. This home offers the perfect blend of comfort, functionality, and modern updates, all at a price point that won't break the bank. (id:56688)
Property Details
Listing ID: 27367732
Address: 2 Yale Place, Mount Pearl, Newfoundland & Labrador, Canada A1N2Z6
Status: Active
Last updated: 5 days ago ( Sep 6, 2024 )
Year Built: 1980
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,124 square feet
Price per sq ft: $179
Tax Annual Amount: $1,681
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.512575, -52.808976]
Rooms
| Basement | Bedroom Storage Recreation room | 19x12 null 6x8 null 24x14 null |
| Main level | Primary Bedroom Bedroom Bedroom Living room Kitchen Dining nook | 11x10 null 11x10 null 11.6x8 null 12x15 null 10x11.6 null 6.6x11.2 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,337 | $28,044 |
| Gross rental income (income/principal ratio) | 0.615% | 7.382% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $117 | $1,403 |
| Management Fee | $187 | $2,244 |
| Expense / Income Ratio | 20.33% | 20.33% |
| Cash Flow | $1,559 | $18,708 |
| Net Operating Income (NOI) | $1,559 | $18,708 |
| Capitalization Rate | 0.41% | 4.92% |
