About the property (MLS: 1278386):
Discover this charming bungalow nestled on a quiet street—a true gem for those seeking comfort and style. This delightful home features a welcoming front porch that opens into a stunning open-concept living area, showcasing a bright and functional kitchen perfect for culinary creations. The main floor is complemented by two spacious bedrooms and a bathroom. Venture to the basement where you’ll find a versatile recreation room, a convenient two-piece bath, and a dedicated laundry space for the main unit. In addition, the lower level two-bedroom apartment is complete with wonderful long-term tenants who have made it their home. Outside, the property impresses with an expansive, fully landscaped deep lot, providing ample space for outdoor activities and relaxation. This residence truly offers a harmonious blend of comfort, style, and functionality—don’t miss the opportunity to make it yours! (id:56688)
Property Details
Listing ID: 27515902
Address: 11 Marion Garden, Foxtrap, Newfoundland & Labrador, Canada A1X0J5
Status: Active
Last updated: a month ago ( Oct 8, 2024 )
Year Built: 2016
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,862 square feet
Price per sq ft: $210
Tax Annual Amount: $1,960
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.506678, -52.981523]
Rooms
Basement | Not known Not known Not known Not known Recreation room | 9x10 null 10x11 null 10x12 null 10x14 null 11x15 null |
Main level | Bedroom Primary Bedroom Living room Not known | 10x13 null 12x13 null 12x16 null 16x19 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,049 | $24,588 |
Gross rental income (income/principal ratio) | 0.526% | 6.306% |
Mortgage | $0 | $0 |
Monthly Expenses | $488 | $5,856 |
Vacancy | $103 | $1,230 |
Management Fee | $164 | $1,968 |
Expense / Income Ratio | 23.82% | 23.82% |
Cash Flow | $1,295 | $15,540 |
Net Operating Income (NOI) | $1,295 | $15,540 |
Capitalization Rate | 0.33% | 3.99% |