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TelephoneEmail10 Gary Drive, Goulds, Newfoundland & Labrador, Canada A1S1R9

10 Gary Drive

Goulds, NL, A1S1R9

location

5 Beds | 2 Baths

$325,000

10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Gary Drive Goulds Newfoundland & Labrador Canada A1S1R9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278382):

Welcome to 10 Gary Drive in the Goulds. This 2 apartment home features 3 bedrooms and 1 bath for the main unit and 2 bedrooms, 1 bath in the apartment which has a long term tenant who would love to stay. Home has seen many upgrades in recent years, including but limited to, new roof (2022), back deck (2021), Front Step (2024), Kitchen, 2021. The rear yard is fenced with a storage shed for all your toys. Call today to book your private viewing before it is too late. This one shouldn't last long. Offers to be conveyed no earlier than October 10th as per sellers instructions. (id:56688)

Property Details
MLS: 1278382
Listing ID: 27515923
Address: 10 Gary Drive, Goulds, Newfoundland & Labrador, Canada A1S1R9
Status: Active
Last updated: a month ago ( Oct 8, 2024 )
Year Built: 1991
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,600 square feet
Price per sq ft: $204
Tax Annual Amount: $2,340
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.45606, -52.767936]

Rooms

Lower level
Not known
Not known
Not known
Not known
Not known
Utility room
Recreation room
13.82 x 8.94 null
13.68 x 9.22 null
8.72 x 4.90 null
14.87 x 11.85 null
11.47 x 12.42 null
7.56 x 8.05 null
11.22 x 16.12 null
Main level
Bedroom
Bedroom
Primary Bedroom
Bath (# pieces 1-6)
Living room
Kitchen
Dining room
11.58 x 9.63 null
14.19 x 9.01 null
12.56 x 12.53 null
4.93 x 9 null
10.21 x 14.17 null
11.13 x 12.47 null
10.21 x 12.15 null

Basic Calculator



First Mortgage: $260,000

Mortgage insurance premium: $0

Total Financing: $260,000

Rough closing fee (1.5%): ~ $4,875

Total downpayment with estimated closing fee: $69,875

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,761$21,132
Gross rental income (income/principal ratio)0.542%6.502%
Mortgage$0$0
Monthly Expenses$407$4,884
Vacancy$89$1,057
Management Fee$141$1,691
Expense / Income Ratio23.11%23.11%
Cash Flow$1,126$13,512
Net Operating Income (NOI)$1,126$13,512
Capitalization Rate0.35%4.16%
Capitalization Rate: 4.16%
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).): $464,286