11 View Lane
Conception Bay South, NL, A1W5G6
2 Beds | 2 Baths
$199,900
About the property (MLS: 1277820):
Here is an opportunity for a handy person project or a contractor to complete some TLC/ renovations to make this 2 bedroom house a new home for you or someone else. Some work was completed within the last ten years, such as a new addition added on that was used as a decorators workshop/shed ,measuring 28 X 16, exterior spruce clapboard, new shingles, some new windows & doors etc. Perched on View Lane you can sit out on the front balcony and take in the views of Conception South and the area while having your coffee or just relaxing with family or friends. This property is being sold as is where is, home inspection will be for information purposes only. At this price it won't last long. (id:56688)
Property Details
Listing ID: 27460440
Address: 11 View Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W5G6
Status: Active
Last updated: 10 days ago ( Sep 24, 2024 )
Year Built: 1976
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 1,244 square feet
Price per sq ft: $161
Tax Annual Amount: $1,171
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Co-operative Well
Foundation Details: Block
Heating: Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.530333, -52.941283]
Rooms
| Main level | Workshop Laundry room Bath (# pieces 1-6) Ensuite Primary Bedroom Kitchen Bedroom Dining room Living room | 28 x 16 null 12 x 5.6 null 7 x 6 null 7 x 5.6 null 16 x 11 null 12 x 10.6 null 11.4 x 7 null 12 x 11.4 null 20 x 14 null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,369 | $16,428 |
| Gross rental income (income/principal ratio) | 0.685% | 8.218% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $69 | $822 |
| Management Fee | $110 | $1,315 |
| Expense / Income Ratio | 18.26% | 18.26% |
| Cash Flow | $942 | $11,304 |
| Net Operating Income (NOI) | $942 | $11,304 |
| Capitalization Rate | 0.47% | 5.65% |
