84 Michener Avenue
Mount Pearl, NL, A1N3T8
3 Beds | 3 Baths
$375,000
About the property (MLS: 1277878):
Are you looking for THE PERFECT two-Storey family home in Mount Pearl on a greenbelt with direct access to Powers Pond Walking trail? A home with multiple living spaces for everyone to enjoy? A large master bedroom with ensuite? 3 bathrooms? Family friendly neighborhood? AND in one of the most convenient and sought after areas that's also on a bus route? If any of these features tick your boxes, then you're going to want to book a viewing on this home ASAP as it won't last long. Conveniently located just minutes from Costco, restaurants, shopping, grocery stores, highway, schools, recreation and more-this location is ideal! From the moment you walk in the door, you can both see and feel the love the current owners have for this home. On the main floor you will find a foyer, half bath and large sunken living room which is open to the dining room and perfect for family gatherings. The eat-in kitchen has new stainless steel appliances and a dining nook-great for those everyday family meals. In addition, this floor has a very bright and spacious family room currently also used as an awesome playroom for the owner's children with a patio door that leads out to the two-tied deck, backyard and pathway to powers pond walking trail! Whether you like walking, jogging, canoeing, snow shoeing, feeding the ducks or playing in the playground, it's all outdoor activities you can do from this home! Upstairs you will find 3 bedrooms and the main bathroom. The large primary bedroom has tons of room for that king size bed, 2 closets and beautiful ensuite. The basement offers a rec room which is currently used as an office and workout space, laundry room, storage room and unfinished workshop space. This is the perfect classic family home! -offers to be Submitted by 6pm on Sunday September 29th and left open until 10pm that evening. (id:56688)
Property Details
Listing ID: 27474237
Address: 84 Michener Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N3T8
Status: Active
Last updated: 7 days ago ( Sep 28, 2024 )
Year Built: 1985
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,717 square feet
Price per sq ft: $139
Tax Annual Amount: $2,491
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.521777, -52.826266]
Rooms
| Basement | Workshop Recreation room Storage Laundry room | 15.1 X 9.8 null 15.2 X 11.6 null 16.3 X 12.5 null 9.8X12 null |
| Second level | Ensuite Bedroom Bedroom Primary Bedroom | 5.5 X 7.8 null 10.8 X 8.4 null 11.8 X 9.8 null 15.8 X 12.1 null |
| Main level | Family room Dining room Kitchen Dining nook Foyer Living room | 16.8 X 11.9 null 11.7 X 10.0 null 9.3 X 9.6 null 7.0 X 9.7 null 14.4 X 8.3 null 13.0 X 16.6 null |
Basic Calculator
First Mortgage: $300,000
Mortgage insurance premium: $0
Total Financing: $300,000
Rough closing fee (1.5%): ~ $5,625
Total downpayment with estimated closing fee: $80,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,989 | $35,868 |
| Gross rental income (income/principal ratio) | 0.797% | 9.565% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $469 | $5,628 |
| Vacancy | $150 | $1,794 |
| Management Fee | $240 | $2,870 |
| Expense / Income Ratio | 15.69% | 15.69% |
| Cash Flow | $2,132 | $25,584 |
| Net Operating Income (NOI) | $2,132 | $25,584 |
| Capitalization Rate | 0.57% | 6.82% |
