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TelephoneEmail52 Palm Drive, ST. JOHN'S, Newfoundland & Labrador, Canada A1H1C1

52 Palm Drive

ST. JOHN'S, NL, A1H1C1

location

5 Beds | 4 Baths

$539,900

52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
52 Palm Drive ST. JOHN'S Newfoundland & Labrador Canada A1H1C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277787):

What a great property located in beautiful Southlands Subdivision. This property proudly offers an oversized fenced backyard, two tiered patio, storage shed, mature grounds and potential for rear yard vehicle access. The home has a double attached garage, 9 foot ceilings on the main, tray ceilings, crown mouldings, hardwood and ceramic flooring, new kitchen cupboards only 2 years ago, 5 bedrooms in total, fully developed, plenty of storage space, bright spacious rooms and more. There is a playground directly across the street. Located close to walking trails, sporting facilities and the Southlands community centre is just around the corner. (id:56688)

Property Details
MLS: 1277787
Listing ID: 27458774
Address: 52 Palm Drive, ST. JOHN'S, Newfoundland & Labrador, Canada A1H1C1
Status: Active
Last updated: 5 days ago ( Sep 29, 2024 )
Year Built: 2006
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 2
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 2,940 square feet
Price per sq ft: $184
Tax Annual Amount: $4,818
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Whirlpool, Dishwasher, Microwave, Alarm System
Water Source: Municipal water
Heating: Hot water radiator heat, Electric
Flooring: Hardwood, Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 42
Rurl
Coordinates: [47.488422, -52.815086]

Rooms

Second level
Ensuite
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
E4 null
B3 null
11X11 null
11X11 null
11X19 null
Main level
Bath (# pieces 1-6)
Eating area
Kitchen
Dining room
Laundry room
Family room
Living room
Foyer
B2 null
10X12 null
10X12 null
11X12 null
7X10 null
11X15 null
11X15 null
9X15 null
Basement
Bath (# pieces 1-6)
Utility room
Storage
Family room
Bedroom
Bedroom
B2 null
11X12 null
5X12 null
11X24 null
12X12 null
12X12 null

Basic Calculator



First Mortgage: $431,920

Mortgage insurance premium: $0

Total Financing: $431,920

Rough closing fee (1.5%): ~ $8,099

Total downpayment with estimated closing fee: $116,079

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,235$38,820
Gross rental income (income/principal ratio)0.599%7.190%
Mortgage$0$0
Monthly Expenses$675$8,100
Vacancy$162$1,941
Management Fee$259$3,106
Expense / Income Ratio20.87%20.87%
Cash Flow$2,140$25,680
Net Operating Income (NOI)$2,140$25,680
Capitalization Rate0.40%4.76%
Capitalization Rate: 4.76%
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).): $771,286