25 Emerald Drive
Mount Pearl, NL, A1N4X5
3 Beds | 2 Baths
$319,500
About the property (MLS: 1277703):
Hurry on this one! Located on a nice flat lot, on the corner of a cul-de-sac, this perfect starter or retirement home needs no fixing or repairs. It's as clean as a whistle! This house is owned by an elderly lady and is in excellent condition. Two bedrooms on the main floor and one in the basement. There is also a family room, laundry room, full bathroom and storage room in the basement. Oak cupboards in the kitchen and a door out to the 12' x 12' Patio Deck which overlooks a landscaped and level backyard with an 8' x 12' Storage Shed. Three car paved driveway also in good condition. You will get the Sun in the backyard almost all day. There is easy access to the Super mailbox, Shopping areas, Costco and the Downtown Arterial Hwy to go downtown or out of town or to the Airport! (id:56688)
Property Details
Listing ID: 27446580
Address: 25 Emerald Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N4X5
Status: Active
Last updated: 10 days ago ( Sep 25, 2024 )
Year Built: 1993
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 1,752 square feet
Price per sq ft: $183
Tax Annual Amount: $2,049
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Central Vacuum, Stove, Dryer, Microwave, Alarm System
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.498828, -52.805109]
Rooms
| Basement | Bath (# pieces 1-6) Storage Laundry room Bedroom Family room | 5 x 8.5 null 8 x 24 null 5.5 x 8.5 null 10 x 11 null 12.5 x 21 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Dining room Kitchen | 4 pc 5 x 7.8 9 x 11 null 11 x 11.5 null 12 x 14 null 9 x 10 null 10.5 x 11 null |
Basic Calculator
First Mortgage: $255,600
Mortgage insurance premium: $0
Total Financing: $255,600
Rough closing fee (1.5%): ~ $4,793
Total downpayment with estimated closing fee: $68,693
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,928 | $23,136 |
| Gross rental income (income/principal ratio) | 0.603% | 7.241% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $400 | $4,800 |
| Vacancy | $97 | $1,157 |
| Management Fee | $155 | $1,851 |
| Expense / Income Ratio | 20.75% | 20.75% |
| Cash Flow | $1,278 | $15,336 |
| Net Operating Income (NOI) | $1,278 | $15,336 |
| Capitalization Rate | 0.40% | 4.80% |
