About the property (MLS: 1277150):
Situated on a quiet laneway off Portugal Cove Road, this charming, fully modernized 2-storey saltbox style home is located in the highly coveted east end St. John’s area! Perfectly positioned on an extremely private, mature tree lined lot with extensive landscaping, this fully renovated, 3 bedroom, 1 and a half bath home offers a unique opportunity. Stripped to the studs in 2013, this quality finished home was redesigned with an open living space, ideal for entertaining, while retaining some of the original characteristics and charm of its build. The open concept main floor consists of the living/dining/kitchen, convenient main level laundry and powder room. Upstairs houses three bedrooms (one currently set up a den), and full bathroom. The dry and insulated basement is ideal for storage and has access to the exterior. The fully fenced rear garden features a spacious deck and maple trees that are strategically planted along the perimeter providing privacy from the main road. The flagstone pathway makes its way through the yard, with pear/apple trees, and rose bushes along the fence. Enjoy the wood fire pizza oven that reaches over 900 degrees setting the stage for garden parties! Two cedar-built boxes can also be found in the yard for vegetable gardens, along with a garden shed. Pleasure to view, don’t miss out! (id:56688)
Property Details
Listing ID: 27387299
Address: 233 Portugal Cove Road, St. John's, Newfoundland & Labrador, Canada A1B2N5
Status: Active
Last updated: 12 days ago ( Sep 22, 2024 )
Year Built: 1924
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,661 square feet
Price per sq ft: $220
Tax Annual Amount: $2,219
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.591515, -52.723934]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 7.4x7.5 4pc 9.5x8.6 null 12.6x12.11 null 14.7x13.4 null |
Main level | Bath (# pieces 1-6) Laundry room Not known Living room Porch | 4.1x4.0 2pc 7.7x8.6 null 14.7x14.2 null 14.10x12.4 null 7.3x14.9 null |
Basic Calculator
First Mortgage: $291,920
Mortgage insurance premium: $0
Total Financing: $291,920
Rough closing fee (1.5%): ~ $5,474
Total downpayment with estimated closing fee: $78,454
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,828 | $21,936 |
Gross rental income (income/principal ratio) | 0.501% | 6.012% |
Mortgage | $0 | $0 |
Monthly Expenses | $457 | $5,484 |
Vacancy | $92 | $1,097 |
Management Fee | $147 | $1,755 |
Expense / Income Ratio | 25.00% | 25.00% |
Cash Flow | $1,134 | $13,608 |
Net Operating Income (NOI) | $1,134 | $13,608 |
Capitalization Rate | 0.31% | 3.73% |