31 Hillview Avenue
Conception Bay South, NL, A1W4L2
5 Beds | 3 Baths
$396,273
About the property (MLS: 1276910):
Currently being built! Welcome to 31 Hillview Ave. This fabulous, brand new, 2-apartment home is brought to you by award winning Viking Carpentry & Construction. The main floor boasts a spacious, open concept living room, dining, and kitchen area, along with 2 bedrooms, with primary built to include ensuite, and the main bathroom. Downstairs locates a 3rd bedroom & laundry for the main unit. The two bedroom basement apartment has ample space with its own open concept design featuring eat-in kitchen, living room, bathroom, and laundry. Perfect for the first time buyer or investor, this is a great opportunity to get into a new build with a mortgage helping apartment below! This home is a pre-sale and has already sold. (id:56688)
Property Details
Listing ID: 27385661
Address: 31 Hillview Avenue, Conception Bay South, Newfoundland & Labrador, Canada A1W4L2
Status: Active
Last updated: 25 days ago ( Sep 9, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 1,879 square feet
Price per sq ft: $211
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.52151, -52.940067]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Bedroom | 4 pcs 10.2 x 10.8 null 9.4 x 9.9 null 15.11 x 9.9 null 10.9 x 10.0 null 5.11 x 5.11 null 11.10 x 14.6 null |
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Kitchen Living room | 4 pcs 10.0 x 12.9 null 3 pcs 13.4 x 14.6 null 16.4 x 9.13 null 15.4 x 12.3 null |
Basic Calculator
First Mortgage: $317,019
Mortgage insurance premium: $0
Total Financing: $317,019
Rough closing fee (1.5%): ~ $5,945
Total downpayment with estimated closing fee: $85,200
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,067 | $24,804 |
| Gross rental income (income/principal ratio) | 0.522% | 6.259% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $496 | $5,952 |
| Vacancy | $104 | $1,241 |
| Management Fee | $166 | $1,985 |
| Expense / Income Ratio | 24.00% | 24.00% |
| Cash Flow | $1,303 | $15,636 |
| Net Operating Income (NOI) | $1,303 | $15,636 |
| Capitalization Rate | 0.33% | 3.95% |
