About the property (MLS: 1276967):
If you are looking for a well kept, affordable home that is walking distance to Bowring Park, Schools, shopping and many other services and amenities, then you need to look at 97 Lester Street. Located on the cul de sac end of Lester Street this home is situated on a very nicely landscaped lot with vehicle access to the rear garden, a good sized shed and many perennial plants, shrubs and trees. The large deck is ideal for family bbq's. The home has seen many upgrades in recent years including windows and doors, siding, electrical panel, a New Electric forced air furnace, blown in insulation in the attic and an entire new roof and shingles. The fireplace, chimney, kitchen and main bathroom have also been upgraded over the years. With a nice sized living room, eat in kitchen and 3 bedrooms on the main, this one is perfect for the first time buyer. The lower level features a large L shaped rec room, combination bathroom and laundry as well as a good sized storage room and large utility area with outside entrance. Take a look at this one today! Presentation of offers as per Seller's directive until 4pm Sept 9 2024 (id:56688)
Property Details
Listing ID: 27371510
Address: 97 Lester Street, St. John's, Newfoundland & Labrador, Canada A1E2P5
Status: Active
Last updated: a day ago ( Sep 5, 2024 )
Year Built: 1969
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Forced air, Electric
Sewer: Municipal sewage system
Flooring: Carpeted, Other, Wood
Fencing: Partially fenced
Living Area Total: 1,850 square feet
Price per sq ft: $157
Tax Annual Amount: $2,245
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, Poured Concrete
Heating: Baseboard heaters, Forced air, Electric
Flooring: Carpeted, Other, Wood
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.526479, -52.763479]
Rooms
Basement | Utility room Bath (# pieces 1-6) Storage Family room | - null 7.10x8.6 null 10.4x8.9 null 13.8x17+8x10 null |
Main level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Kitchen Living room Porch | 4 piece null 8.8x12.6 null 7.5x9.8 null 8.7x11 null 17.4x8.9 null 12.5x13.2 null 3.5x4.7 null |
Basic Calculator
First Mortgage: $232,000
Mortgage insurance premium: $0
Total Financing: $232,000
Rough closing fee (1.5%): ~ $4,350
Total downpayment with estimated closing fee: $62,350
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,036 | $24,432 |
Gross rental income (income/principal ratio) | 0.702% | 8.425% |
Mortgage | $0 | $0 |
Monthly Expenses | $363 | $4,356 |
Vacancy | $102 | $1,222 |
Management Fee | $163 | $1,955 |
Expense / Income Ratio | 17.83% | 17.83% |
Cash Flow | $1,409 | $16,908 |
Net Operating Income (NOI) | $1,409 | $16,908 |
Capitalization Rate | 0.49% | 5.83% |