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TelephoneEmail43 Cedar Drive, St. John's, Newfoundland & Labrador, Canada A1A4X4

43 Cedar Drive

St. John's, NL, A1A4X4

location

3 Beds | 1 Bath

$209,900

43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
43 Cedar Drive St. John's Newfoundland & Labrador Canada A1A4X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277888):

Located in the highly sought-after east-end subdivision of Airport Heights, this cozy attached bungalow is perfect for families or first-time buyers looking for a welcoming place to call home. Offering 3 spacious bedrooms and 1 bath, the single-level layout ensures ease and convenience. The electrical has been upgraded to a 200-amp panel, providing peace of mind for future needs. The partially developed basement offers plenty of potential, whether you’re seeking additional storage, a space for hobbies, or looking to expand your living area. With its low-maintenance design and room to grow, this home offers a comfortable and practical lifestyle in a prime location (id:56688)

Property Details
MLS: 1277888
Listing ID: 27464508
Address: 43 Cedar Drive, St. John's, Newfoundland & Labrador, Canada A1A4X4
Status: Active
Last updated: 9 days ago ( Sep 25, 2024 )
Year Built: 1962
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Oil, Wood
Sewer: Municipal sewage system
Flooring: Hardwood, Other
Living Area Total: 1,870 square feet
Price per sq ft: $113
Tax Annual Amount: $1,880
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil, Wood
Flooring: Hardwood, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.602989, -52.75026]

Rooms

Basement
Utility room
Other
Storage
Recreation room
24.1 X 11.10 null
9.1 X 16.5 null
23 X 15.10 null
11.10 X 16.10 null
Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
Not known
Living room
Foyer
6.4 X 9.10 null
9 X 10.5 null
10.3 X 10.5 null
9.7 X 13.10 null
11.9 X 13.9 null
12.11 X 13.11 null
5.2 X 4.10 null

Basic Calculator



First Mortgage: $167,920

Mortgage insurance premium: $0

Total Financing: $167,920

Rough closing fee (1.5%): ~ $3,149

Total downpayment with estimated closing fee: $45,129

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,057$24,684
Gross rental income (income/principal ratio)0.980%11.760%
Mortgage$0$0
Monthly Expenses$263$3,156
Vacancy$103$1,235
Management Fee$165$1,975
Expense / Income Ratio12.79%12.79%
Cash Flow$1,527$18,324
Net Operating Income (NOI)$1,527$18,324
Capitalization Rate0.73%8.73%
Capitalization Rate: 8.73%
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).): $299,858