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TelephoneEmail3 Rayson Place, St. John's, Newfoundland & Labrador, Canada A1A5J5

3 Rayson Place

St. John's, NL, A1A5J5

location

5 Beds | 4 Baths

$399,900

3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Rayson Place St. John's Newfoundland & Labrador Canada A1A5J5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1277821
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio18.42%18.42%
Cash Flow$1,862$22,344
Net Operating Income (NOI)$1,862$22,344
Capitalization Rate0.47%5.59%
Capitalization Rate: 5.59%
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).): $571,286