About the property (MLS: 1277867):
7 Red Sky Estates is an incredibly cared for, fully developed, two-story home with amazing ocean views! The main floor features a large living room accompanied by a propane fireplace which then flows into your dining area and then the large kitchen which has ample counter and cupboard space. If you're hosting friends or family, the living room also connects to a large and more formal dining area, making gatherings easy! The well lit office space located on the front of the house makes working from home comfortable and easy. Main floor laundry and half bath are located off the mud room and leads to the attached garage which provides tons of space for toys, tools or general storage. Another great feature in the main area is the in floor heating! Upstairs on the second level, you'll find a large primary bedroom, walk in closet and an ensuite with a view of the ocean that will make you never want to leave. In addition to the primary bedroom, there are two other spacious bedrooms on the front of the home along with the main bathroom. Walk downstairs to the fully developed basement featuring a family room, rec room with a pool table and a dandy wet bar with its own dishwasher! In addition to that, the basement has a bonus room which is perfect for an in home gym or a second office space. There is no shortage of storage in the home as the basement has plenty space in the utility room and additional storage area. The outside space of this property provides you with rear yard access leading to a 12x16 detached, insulated and wired garage, once again giving you extra space for outdoor storage. Relax on the back deck with your morning coffee or sit by the fire in the evenings in your private, well appointed backyard space. This is one home, you won't want to miss! No presentation of offers prior to 7:00pm on Sunday, September 29th. (id:56688)
Property Details
Listing ID: 27463600
Address: 7 Red Sky Estates, Conception Bay South, Newfoundland & Labrador, Canada A1W0A1
Status: Active
Last updated: 5 days ago ( Sep 29, 2024 )
Year Built: 2005
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Fencing: Fence
Living Area Total: 3,635 square feet
Price per sq ft: $175
Tax Annual Amount: $4,027
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Wet Bar
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Wood shingles, Stone, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 49
Rurl
Coordinates: [47.539091, -52.938743]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4PCS null 11'9"" x 11'9"" null 11'8"" x 13' null 4PCS null 11'9"" x 15'5"" null |
Basement | Family room Recreation room Not known Utility room Storage | 11'1"" x 17'5"" null 12'10"" x 21'11"" null 11'2"" x 15'1"" null 11'7"" x 12'10"" null 3'8"" x 9'5"" null |
Main level | Mud room Laundry room Bath (# pieces 1-6) Kitchen Living room/Dining room Dining room Office Porch | 3'8"" x 11'12"" null 6'3"" x 7' null 2PCS null 13' x 14'5"" null 16'11"" x 23'3"" null 11'11"" x 15' 9"" null 7' x 12' null 4'5"" x 9'5"" null |
Basic Calculator
First Mortgage: $507,920
Mortgage insurance premium: $0
Total Financing: $507,920
Rough closing fee (1.5%): ~ $9,524
Total downpayment with estimated closing fee: $136,504
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,999 | $47,988 |
Gross rental income (income/principal ratio) | 0.630% | 7.558% |
Mortgage | $0 | $0 |
Monthly Expenses | $794 | $9,528 |
Vacancy | $200 | $2,400 |
Management Fee | $320 | $3,840 |
Expense / Income Ratio | 19.85% | 19.85% |
Cash Flow | $2,686 | $32,232 |
Net Operating Income (NOI) | $2,686 | $32,232 |
Capitalization Rate | 0.42% | 5.08% |