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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 23.11% | 23.11% |
Cash Flow | $1,126 | $13,512 |
Net Operating Income (NOI) | $1,126 | $13,512 |
Capitalization Rate | 0.35% | 4.16% |