About the property (MLS: 1277751):
Tucked away in the Waterford Valley, and on the Waterford River Trail, is this well maintained and move-in ready two story property. Extensively renovated over the years, this 3 bed 1 bath home has been tastefully updated in recent years. The main floor features hardwood flooring throughout, higher ceilings, a cozy family room with built-in bookcase, front room that is currently a child's play area but is ideal as a dining space, main floor laundry, side porch entry and a contemporary eat-in kitchen with stainless appliances. A classic staircase leads to the second floor where there are 3 excellent size bedrooms, original softwood flooring, new carpet in the hallway and a large 4 piece main bathroom with soaker tub and separate corner shower. The exterior features all vinyl siding and windows, new roof covering in 2020, loads of trees for privacy and a front deck that has a great view of the valley. The basement is accessible from the outside, is dry and warm and would be ideal as a workshop space or extra storage. Within walking distance to schools, daycares, parks, trails, shopping, cafes, restaurants, bakeries makes this property ideal for a buyer looking to be near downtown but away from the hustle. (id:56688)
Property Details
Listing ID: 27454269
Address: 621 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A4
Status: Active
Last updated: 3 days ago ( Oct 1, 2024 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Other
Living Area Total: 1,537 square feet
Price per sq ft: $173
Tax Annual Amount: $2,104
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.539518, -52.727584]
Rooms
Basement | Storage | 19'3x16'1 null |
Second level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) | 9'10x8'4 null 10'11x8'5 null 12'2x10'3 null 4pc |
Main level | Living room Family room Kitchen | 10'7x9'7 null 10'8x8'1 null 12'2x10'4 null |
Basic Calculator
First Mortgage: $211,920
Mortgage insurance premium: $0
Total Financing: $211,920
Rough closing fee (1.5%): ~ $3,974
Total downpayment with estimated closing fee: $56,954
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,691 | $20,292 |
Gross rental income (income/principal ratio) | 0.638% | 7.660% |
Mortgage | $0 | $0 |
Monthly Expenses | $332 | $3,984 |
Vacancy | $85 | $1,015 |
Management Fee | $136 | $1,624 |
Expense / Income Ratio | 19.63% | 19.63% |
Cash Flow | $1,140 | $13,680 |
Net Operating Income (NOI) | $1,140 | $13,680 |
Capitalization Rate | 0.43% | 5.16% |