About the property (MLS: 1277334):
Located in a highly desirable area, known as the Golden Triangle, this long time family home presents a unique opportunity! Perfectly situated on an oversized, level, mature tree-lined lot, with ideal sun exposure, this large family home offers ample space for a growing family. The bright main floor features the living room with wood burning fireplace and adjoining dining area with adjacent kitchen, which opens to a convenient porch and laundry area with access to the rear patio and garden. Just a few steps to the upper level, it consists of three well proportioned bedrooms and main 4-piece family bathroom. The ground level boasts a large, bright family room with bar area and exterior side entrance and two bedrooms (windows may not meet egress), while the basement has rec room, ample storage and second full bathroom. The ground level / basement was previously an apartment and would be an easy conversion to a spacious and bright in-law suite. Low maintenance exterior with vinyl siding, and mostly vinyl windows. Comfortable hot water radiation heating and recently upgraded electrical to a 200amp breaker panel system. Mostly freshly painted throughout with neutral on trend palette. Complete with fenced rear garden with patio surrounded with mature trees and shrubbery creating tons of privacy. Pleasure to view, don't miss out! (id:56688)
Property Details
Listing ID: 27406586
Address: 47 Portugal Cove Road, St. John's, Newfoundland & Labrador, Canada A1B2M1
Status: Active
Last updated: 8 days ago ( Sep 26, 2024 )
Year Built: 1964
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Fencing: Fence
Living Area Total: 2,304 square feet
Price per sq ft: $170
Tax Annual Amount: $2,768
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: Hot water radiator heat, Oil
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.5793, -52.711875]
Rooms
Basement | Storage Storage Storage Bath (# pieces 1-6) Recreation room | 6.8x4.10 null 6.8x6.2 null 9.1x9.10 null 6.6x10.8 4pc 17.6x21.2 null |
Other | Bedroom Bedroom Family room | 11.6x7.5 null 11.0x14.10 null 11.5x26.9 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 5.2x11.0 4pc 11.10x11.8 null 11.11x11.8 null 12.5x11.0 null |
Main level | Laundry room Kitchen Dining room Living room Foyer | 11.8x3.6 null 9.2x15.5 null 8.7x11.11 null 18.1x13.7 null 5.10x6.1 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,535 | $30,420 |
Gross rental income (income/principal ratio) | 0.650% | 7.802% |
Mortgage | $0 | $0 |
Monthly Expenses | $488 | $5,856 |
Vacancy | $127 | $1,521 |
Management Fee | $203 | $2,434 |
Expense / Income Ratio | 19.25% | 19.25% |
Cash Flow | $1,718 | $20,616 |
Net Operating Income (NOI) | $1,718 | $20,616 |
Capitalization Rate | 0.44% | 5.29% |