About the property (MLS: 1277821):
This Registered Two Apartment Home has Immediate Occupancy Available on the Main Floor and Currently Rented Month to Month @ $1000.00 P.O.U for the Two Bedroom Basement Apartment that has Above Ground Windows. Located on a Quiet Cul-De-Sac off Penney Crescent in the East End of St. John's, this Well Kept Home boasts a Full Ensuite off Both of the Two Large Bedrooms on the Main Floor. Upon Entering the Foyer of this Spacious Main Floor that has been Freshly Painted you will be pleased to find a Propane Fireplace in the Living Room with a Wall of Windows to allow for Lots of Natural Light. There is a Separate Dining Room as well as an Eat In Kitchen with Appliances and Access to the Rear Patio that was Replaced in 2023. Downstairs Features a Family Room, Third Bedroom (no closet), Half Bath off the Laundry Area and Storage Space in Addition to the Separate Two Bedroom Apartment all Nestled on a Large Pie Shaped Landscaped Lot that is Partially Fenced and has a Wired 8x10 Storage Shed. The Shingles were Replaced 2023, Hot Water Tanks Replaced 2021. As per the Sellers Direction No Conveyance of Any Offers Prior to 12pm September 27th. (id:56688)
Property Details
Listing ID: 27460439
Address: 3 Rayson Place, St. John's, Newfoundland & Labrador, Canada A1A5J5
Status: Active
Last updated: 10 days ago ( Sep 24, 2024 )
Year Built: 1997
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Fencing: Partially fenced
Living Area Total: 2,467 square feet
Price per sq ft: $163
Tax Annual Amount: $3,044
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: Poured Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 42
Rurl
Coordinates: [47.601544, -52.720585]
Rooms
Basement | Not known Not known Bath (# pieces 1-6) Not known Not known Storage Bath (# pieces 1-6) Bedroom Family room | 10x9.11 null 12.3x12.3 null 4pc 12.3x9.7 null 11.9x13.8 null 6.10x6.8 null 2pc 13.5x11.6 null 11.5x13.3 null |
Main level | Ensuite Bedroom Ensuite Primary Bedroom Not known Dining room Living room/Fireplace Foyer | 4pc 11.8x12.10 null 4pc 16.10x12.5 null 17.11x12.5 null 12.2x10.1 null 12.2x15.11 null 4.1x4.9 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,714 | $32,568 |
Gross rental income (income/principal ratio) | 0.679% | 8.144% |
Mortgage | $0 | $0 |
Monthly Expenses | $500 | $6,000 |
Vacancy | $136 | $1,629 |
Management Fee | $218 | $2,606 |
Expense / Income Ratio | 18.42% | 18.42% |
Cash Flow | $1,862 | $22,344 |
Net Operating Income (NOI) | $1,862 | $22,344 |
Capitalization Rate | 0.47% | 5.59% |