130 Park Avenue
Mount Pearl, NL, A1N1K2
5 Beds | 2 Baths
$339,900
About the property (MLS: 1277141):
Visit REALTOR® website for additional information.Centrally located home sits on a large lot with mature trees, spacious upper deck & room for a potential detached garage. An oversized double driveway provides ample rear parking. Recent upgrades include vinyl siding, windows, exterior insulation, flooring, a new door, electrical panel, front deck & oil tank for the main floor unit, all within the last 7 years. The bright main floor suite offers a large primary bedroom, 2 additional bedrooms, 1 bath, a spacious living room, renovated kitchen with island, stainless steel appliances & separate dining room. The basement suite, with its own entrance, features 2 bedrooms, 1 bath & similar upgrades. It is currently rented for $950/month (plus utilities), with the tenant willing to sign a 1-year lease. Conveniently located on a bus route and close to all amenities. (id:56688)
Property Details
Listing ID: 27384711
Address: 130 Park Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1K2
Status: Active
Last updated: 24 days ago ( Sep 10, 2024 )
Year Built: 1948
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Oil
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,482 square feet
Price per sq ft: $137
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Oil
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [47.519512, -52.793473]
Rooms
| Basement | Bath (# pieces 1-6) | 4PC null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Kitchen Living room/Dining room | 4PC null 12x15 null 9x12 null 10x11 null 12x15 null 23x12 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,731 | $32,772 |
| Gross rental income (income/principal ratio) | 0.803% | 9.642% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $425 | $5,100 |
| Vacancy | $137 | $1,639 |
| Management Fee | $219 | $2,622 |
| Expense / Income Ratio | 15.56% | 15.56% |
| Cash Flow | $1,951 | $23,412 |
| Net Operating Income (NOI) | $1,951 | $23,412 |
| Capitalization Rate | 0.57% | 6.89% |
