About the property (MLS: 1277535):
Rarely does a home come along that truly shows pride of ownership like 134 Old Pennywell Road. This immaculate two apartment home has been completely renovated by the current owner. It features a walk out basement with a ground level access apartment with its own laundry, open concept living room and kitchen. The main floor has an open concept entry into a larger kitchen with new stainless steel appliances, new flooring throughout, attic access for plenty of storage, large master with pocket door, freshly painted, bathroom with jacuzzi tub, amazing view from rear deck, basement features a large open concept rec room - laundry combo with under stairs storage with custom doors.. Two new water boilers with drain pans plumbed to a floor drain. This home shows attention to detail at every turn. The curb appeal features manicured landscaping, massive paved driveway with rear yard access to a private setting. Plus there is a 10 x 16 custom built shed. What more can I say, this home has it all. Book your viewing today and see for yourself. Furniture in the apartment can be purchased separately so you can start your rental income immediately (id:56688)
Property Details
Listing ID: 27431449
Address: 134 Old Pennywell Road, St.Johns, Newfoundland & Labrador, Canada A1B1A9
Status: Active
Last updated: 17 days ago ( Sep 17, 2024 )
Year Built: 1990
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 1,632 square feet
Price per sq ft: $236
Tax Annual Amount: $1,585
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.555728, -52.751425]
Rooms
Basement | Not known Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Recreation room | 4 x 5 null 8 x 5.6 null 8.6 x 11.3 null 11.3 x 11 null 10.7 x 11.3 null 10.9 x 9 null open concept null 10.9 x 14 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Not known Living room | 7.11 x 5 null 11.3 x 9.5 null 9 x 9 null 9.8 x 9 null 11 x 14.10 null 13.11 x 12 null |
Basic Calculator
First Mortgage: $307,920
Mortgage insurance premium: $0
Total Financing: $307,920
Rough closing fee (1.5%): ~ $5,774
Total downpayment with estimated closing fee: $82,754
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,796 | $21,552 |
Gross rental income (income/principal ratio) | 0.467% | 5.599% |
Mortgage | $0 | $0 |
Monthly Expenses | $482 | $5,784 |
Vacancy | $90 | $1,078 |
Management Fee | $144 | $1,725 |
Expense / Income Ratio | 26.84% | 26.84% |
Cash Flow | $1,081 | $12,972 |
Net Operating Income (NOI) | $1,081 | $12,972 |
Capitalization Rate | 0.28% | 3.37% |