About the property (MLS: 1277649):
A stunning, like-new 2-apartment home offers a spacious, light-filled floor plan with upgraded finishes throughout in a newer, quiet and private subdivision. The main floor features a bright, airy living area, an upgraded open concept kitchen with stainless steel appliances and custom cabinetry. There is a spacious primary bedroom with an ensuite and large walk-in closet, plus 2 bedrooms with large and bright windows and one room featuring a walk in closet. Also included in the main floor unit, a versatile rec room complete with additional storage, a half bathroom plus laundry room. The basement apartment unit is generously sized, boasting an open-concept layout and custom kitchen cabinets, along with a covered entrance. Situated near the Team Gushue Highway, this home offers a central location with access to all parts of the city within 15 minutes. Additionally, bus routes are conveniently located nearby on Empire Avenue, making this property ideal for commuters. This beautifully maintained home blends style, function, and investment potential in a prime location. As per attached 'Sellers Direction Document' all offers to be submitted on or before Monday, September 23rd, 2024 at 5:00PM with a response time no later than 7:00PM on September 23rd, 2024. (id:56688)
Property Details
Listing ID: 27442163
Address: 28 Willenhall Place, St. John's, Newfoundland & Labrador, Canada A1E0E7
Status: Active
Last updated: 13 days ago ( Sep 22, 2024 )
Year Built: 2015
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: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,540 square feet
Price per sq ft: $174
Tax Annual Amount: $3,587
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 45
Rurl
Coordinates: [47.544758, -52.765361]
Rooms
Basement | Bedroom Bedroom Kitchen Living room Family room | 10.70 X 6.00 null 10.70 X 11.60 null 12.60 X 12.30 null 12.30 X 13.60 null 16.10 X 12.90 null |
Main level | Porch Bedroom Bedroom Primary Bedroom Kitchen Living room | 7.60 X 5.40 null 11.90 X 10.90 null 10.60 X 10.00 null 11.11 X 13.60 null 13.30 X 18.20 null 16.60 X 13.10 null |
Basic Calculator
First Mortgage: $351,920
Mortgage insurance premium: $0
Total Financing: $351,920
Rough closing fee (1.5%): ~ $6,599
Total downpayment with estimated closing fee: $94,579
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,794 | $33,528 |
Gross rental income (income/principal ratio) | 0.635% | 7.622% |
Mortgage | $0 | $0 |
Monthly Expenses | $550 | $6,600 |
Vacancy | $140 | $1,677 |
Management Fee | $224 | $2,683 |
Expense / Income Ratio | 19.69% | 19.69% |
Cash Flow | $1,881 | $22,572 |
Net Operating Income (NOI) | $1,881 | $22,572 |
Capitalization Rate | 0.43% | 5.13% |