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TelephoneEmail15 Tamara Place, CBS, Newfoundland & Labrador, Canada A1X0G2

15 Tamara Place

CBS, NL, A1X0G2

location

3 Beds | 3 Baths

$429,900

15 Tamara Place CBS Newfoundland & Labrador Canada A1X0G2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278293):

Welcome to 15 Tamara Place, located in the desirable Lawrence Pond Subdivision! This beautiful 2-apartment home offers convenience and comfort, just minutes from local amenities and highway access. The family-friendly subdivision also features a playground for children. The main floor includes 2 spacious bedrooms, 2 bathrooms, and an open-concept kitchen with plenty of cabinetry, plus the option to add an island for extra counter space. The basement features an unfinished area perfect for a future rec room and utility room with laundry facilities. The basement apartment offers 1 bedroom and 1 bathroom, complete with a laundry room and a large living room window that fills the space with natural light. You won't want to miss out on this one! 10 year Atlantic Home Warranty. HST included in the list price to be rebated to vendor on closing. With space in the backyard for a future shed, this home is ready to meet your family's needs! (id:56688)

Property Details
MLS: 1278293
Listing ID: 27512904
Address: 15 Tamara Place, CBS, Newfoundland & Labrador, Canada A1X0G2
Status: Active
Last updated: 3 months ago ( Oct 17, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,000 square feet
Price per sq ft: $215
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.476996, -53.050319]

Rooms

Basement
Bath (# pieces 1-6)
Not known
Not known
Not known
3pc
11.9x10.6 null
14x11 null
14x6 null
Main level
Ensuite
Primary Bedroom
Bath (# pieces 1-6)
Bedroom
Living room
Kitchen
3pc
12x11.3 null
3pc
10.6x10.5 null
15x15 null
12.7x14.8 null

Basic Calculator



First Mortgage: $343,920

Mortgage insurance premium: $0

Total Financing: $343,920

Rough closing fee (1.5%): ~ $6,449

Total downpayment with estimated closing fee: $92,429

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,200$26,400
Gross rental income (income/principal ratio)0.512%6.141%
Mortgage$0$0
Monthly Expenses$538$6,456
Vacancy$110$1,320
Management Fee$176$2,112
Expense / Income Ratio24.45%24.45%
Cash Flow$1,376$16,512
Net Operating Income (NOI)$1,376$16,512
Capitalization Rate0.32%3.84%
Capitalization Rate: 3.84%
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).): $614,143