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TelephoneEmail86 Moffatt Road, Mount Pearl, Newfoundland & Labrador, Canada A1N5B9

86 Moffatt Road

Mount Pearl, NL, A1N5B9

location

5 Beds | 3 Baths

$495,000

86 Moffatt Road Mount Pearl Newfoundland & Labrador Canada A1N5B9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277542):

This beautiful 2-apartment split entry home is started construction. The main level of this brand new modern home offers a beautiful stair case, a spacious open concept kitchen, dining and living room design with large windows that fill the space with natural light. The master bedroom has a walk in closet and spacious ensuite, two other large bedrooms and a 3pc main bathroom on the main level. The basement level for the main unit will consist of a large rec room and separate laundry room. The spacious two bedroom apartment has an incredible kitchen with lots of cabinet space that flows into the open concept dining and living room area. We have a large 3pc bathroom, laundry room and a huge bedroom with a walk in closet. 10x12 back patio. Act fast and take advantage of the generous allowances and pic your own finishes. 7 year LUX Home Warranty. HST rebate back to the vendor. (id:56688)

Property Details
MLS: 1277542
Listing ID: 27423609
Address: 86 Moffatt Road, Mount Pearl, Newfoundland & Labrador, Canada A1N5B9
Status: Active
Last updated: 18 days ago ( Sep 17, 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, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,624 square feet
Price per sq ft: $189
Tax Annual Amount: $0
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: Laminate
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.531793, -52.813194]

Rooms

Basement
Bath (# pieces 1-6)
Not known
Not known
Not known
Not known
Family room
B3 null
10.5x10 null
10.5x9.6 null
13.7x10 null
13.7x10 null
12x13.7 null
Main level
Bath (# pieces 1-6)
Ensuite
Bedroom
Bedroom
Primary Bedroom
Living room
Kitchen
B3 null
E3 null
11x10.6 null
11.7x11 null
14.3x10.4 null
13.7x14.8 null
11.7x17.4 null

Basic Calculator



First Mortgage: $396,000

Mortgage insurance premium: $0

Total Financing: $396,000

Rough closing fee (1.5%): ~ $7,425

Total downpayment with estimated closing fee: $106,425

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,887$34,644
Gross rental income (income/principal ratio)0.583%6.999%
Mortgage$0$0
Monthly Expenses$619$7,428
Vacancy$145$1,733
Management Fee$231$2,772
Expense / Income Ratio21.44%21.44%
Cash Flow$1,893$22,716
Net Operating Income (NOI)$1,893$22,716
Capitalization Rate0.38%4.59%
Capitalization Rate: 4.59%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $707,143