18 Brett Place
Mount Pearl, NL, A1N3B4
3 Beds | 2 Baths
$324,900
About the property (MLS: 1277759):
Welcome to 18 Brett Place! Well maintained property sits at the end of a cul da sac in the heart of Mount Pearl. Mature treed fully fenced pie shaped lot with drive in access to the backyard is a rare find. The house has large foyer , open concept kitchen and dining area with living room on main floor. Upper level features your 3 bedrooms and main bath with lower level having large family room with craft area and second bathroom. Some recent upgrades include roof (2yrs) all pex piping, 2 mini splits and hot water boiler. (id:56688)
Property Details
MLS: 1277759
Listing ID: 27454228
Address: 18 Brett Place, Mount Pearl, Newfoundland & Labrador, Canada A1N3B4
Status: Active
Last updated: 11 days ago ( Sep 23, 2024 )
Year Built: 1981
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: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Fencing: Fence
Living Area Total: 2,160 square feet
Price per sq ft: $151
Tax Annual Amount: $2,202
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.505665, -52.793379]
Listing ID: 27454228
Address: 18 Brett Place, Mount Pearl, Newfoundland & Labrador, Canada A1N3B4
Status: Active
Last updated: 11 days ago ( Sep 23, 2024 )
Year Built: 1981
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: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Fencing: Fence
Living Area Total: 2,160 square feet
Price per sq ft: $151
Tax Annual Amount: $2,202
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.505665, -52.793379]
Rooms
| Basement | Workshop Storage | 21 X 14 null 21 X 14 null |
| Lower level | Bath (# pieces 1-6) Hobby room Family room | 13 X 7.6 null 20 X 14.8 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 9.6 X 9 null 12.9 X 9.2 null 13.1 X 9.8 null |
| Main level | Kitchen Eating area Living room Foyer | 11.6 X 10.10 null 11.6 X 8 null 19.6 X 12 null 9.2 X 7.5 null |
Basic Calculator
First Mortgage: $259,920
Mortgage insurance premium: $0
Total Financing: $259,920
Rough closing fee (1.5%): ~ $4,874
Total downpayment with estimated closing fee: $69,854
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,376 | $28,512 |
| Gross rental income (income/principal ratio) | 0.731% | 8.776% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $119 | $1,426 |
| Management Fee | $191 | $2,281 |
| Expense / Income Ratio | 17.13% | 17.13% |
| Cash Flow | $1,661 | $19,932 |
| Net Operating Income (NOI) | $1,661 | $19,932 |
| Capitalization Rate | 0.51% | 6.13% |
Capitalization Rate: 6.13%
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).): $464,143
