19 Drake Crescent
St. Johns, NL, A1A3L2
3 Beds | 2 Baths
$325,000
About the property (MLS: 1277732):
Welcome to 19 Drake crescent. This well kept home would make a great home to grow your family, or make a great investment. The home is located next to Drake Crescent park, and minutes from Torbay Road. It has a large living room on the main floor and a eat in kitchen with peninsula. There are three good sized bedrooms on the main floor with two additional rooms in the basement that could serve as bedrooms with some upgrading. Both of the bathrooms are kept in excellent condition. The rear entrance could be used as a basis to convert this home to a two apartment. There are two included storage sheds, the wooden one is 8 x 14, the plastic one is 7x9. No offers will be presented to the seller prior to September 29 at 1:00 pm as per sellers direction. (id:56688)
Property Details
Listing ID: 27454229
Address: 19 Drake Crescent, St. Johns, Newfoundland & Labrador, Canada A1A3L2
Status: Active
Last updated: 6 days ago ( Sep 28, 2024 )
Year Built: 1975
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, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted
Fencing: Fence
Living Area Total: 2,410 square feet
Price per sq ft: $135
Tax Annual Amount: $1,880
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Propane
Flooring: Hardwood, Laminate, Carpeted
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.597515, -52.689544]
Rooms
| Basement | Porch Bedroom Other Bath (# pieces 1-6) Laundry room Storage Other Den | 7.1 x 8.6 null 12.9 x 9.3 null 12.9 x 12 null 8.1 x 6.5 null 7.11 x 6.7 null 8.11 x 13.7 null 8 x 6 null 21.3 x 18 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Not known Living room Foyer | 7.9 x 4.7 null 11.8 x 11.3 null 11.11 x 10.1 null 13.2 x 11.5 null 10.1 x 10.9 null 19.3 x 17.2 null 5.7 x 8 null |
Basic Calculator
First Mortgage: $260,000
Mortgage insurance premium: $0
Total Financing: $260,000
Rough closing fee (1.5%): ~ $4,875
Total downpayment with estimated closing fee: $69,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,651 | $31,812 |
| Gross rental income (income/principal ratio) | 0.816% | 9.788% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $133 | $1,591 |
| Management Fee | $213 | $2,545 |
| Expense / Income Ratio | 15.35% | 15.35% |
| Cash Flow | $1,900 | $22,800 |
| Net Operating Income (NOI) | $1,900 | $22,800 |
| Capitalization Rate | 0.58% | 7.02% |
