25A Millers Road
CBS, NL, A1W2B7
3 Beds | 3 Baths
$419,900
About the property (MLS: 1277033):
With commanding views of the Ocean, Topsail Beach and Topsail Bluff… this brand new home is just finished and move in ready in Sunny CBS! This modern 2-storey duplex home sits on an oversized lot that extends almost 400 feet! This cozy home with in-house garage has an open concept main floor, 3 bedrooms and 2.5 bathrooms with laundry on 2nd floor. Front and side landscaping included. The basement is insulated and ready for your future plans/development! Relax or entertain and enjoy the breath taking views from this property! From this fantastic location, you are minutes to Topsail Beach, hiking trails, CBS by-pass highway, Costco & big shops at Galway and everything else CBS has to offer! The home comes with a 10-Year Atlantic Home Warranty. Another quality home by Eagle Construction. Eagle Construction is the recipient of multiple prestigious Atlantic Home Warranty awards including the Customer Choice award in 2018 and 2019 as well as the Homeowner Choice award in 2022! (id:56688)
Property Details
Listing ID: 27371505
Address: 25A Millers Road, CBS, Newfoundland & Labrador, Canada A1W2B7
Status: Active
Last updated: 15 hours ago ( Sep 6, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,101 square feet
Price per sq ft: $200
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.537726, -52.92867]
Rooms
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 8.3x5.7 null 8.1x8.5 null 9.6x11.6 null 9.3x9.4 null 13.9x14 null |
| Main level | Bath (# pieces 1-6) Kitchen Living room | 5x5 null 13.9x11.4 null 13.9x10.2 null |
Basic Calculator
First Mortgage: $335,920
Mortgage insurance premium: $0
Total Financing: $335,920
Rough closing fee (1.5%): ~ $6,299
Total downpayment with estimated closing fee: $90,279
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,312 | $27,744 |
| Gross rental income (income/principal ratio) | 0.551% | 6.607% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $525 | $6,300 |
| Vacancy | $116 | $1,388 |
| Management Fee | $185 | $2,220 |
| Expense / Income Ratio | 22.71% | 22.71% |
| Cash Flow | $1,487 | $17,844 |
| Net Operating Income (NOI) | $1,487 | $17,844 |
| Capitalization Rate | 0.35% | 4.25% |
