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TelephoneEmail37 Pattys Arm Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7B1

37 Pattys Arm Road

Conception Bay South, NL, A1X7B1

location

3 Beds | 2 Baths

$199,900

37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
37 Pattys Arm Road Conception Bay South Newfoundland & Labrador Canada A1X7B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277571):

In Sunny CBS, partial views of bay and literally a short walk to the ocean, this bungalow with an in-law suite has awesome potential! There is even space for your dream garage! The home has 3-bedrooms, 2-bathrooms and lots of storage options in basement. The basement has a kitchen area and a couple more finished rooms as well as a bathroom. With mature trees for privacy, the outdoor space provides you with evenings relaxing or entertaining on the front or side deck. Being so close to the ocean, you can enjoy endless days kayaking, paddle boarding or just bird watching! From this location, you are close to restaurants, grocery stores and allows for quick access to the bypass highway making you minutes to Costco, Galway Shoppes and Mt. Pearl! You will also be steps from accessing the CBS T’ Railway for hiking, walking and biking! (id:56688)

Property Details
MLS: 1277571
Listing ID: 27431637
Address: 37 Pattys Arm Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7B1
Status: Active
Last updated: 15 days ago ( Sep 19, 2024 )
Year Built: 1979
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,402 square feet
Price per sq ft: $84
Tax Annual Amount: $1,722
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Forced air, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.512735, -52.97562]

Rooms

Main level
Bedroom
Bedroom
Bedroom
Dining nook
Kitchen
Living room
14x11.7 null
14.3x11.6 null
11.4x12.3 null
14x9 null
12.2x14 null
14.2x19.4 null

Basic Calculator



First Mortgage: $159,920

Mortgage insurance premium: $0

Total Financing: $159,920

Rough closing fee (1.5%): ~ $2,999

Total downpayment with estimated closing fee: $42,979

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,643$31,716
Gross rental income (income/principal ratio)1.322%15.866%
Mortgage$0$0
Monthly Expenses$250$3,000
Vacancy$133$1,586
Management Fee$212$2,538
Expense / Income Ratio9.46%9.46%
Cash Flow$2,050$24,600
Net Operating Income (NOI)$2,050$24,600
Capitalization Rate1.03%12.31%
Capitalization Rate: 12.31%
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).): $285,572