About the property (MLS: 1278667):
This adult living condo (50+) is the perfect choice for seniors who value independence without compromising on comfort or quality of life. The multiple driveways is a great addition for this corner lot bungalow. Master Bedroom has walk in closet and ensuite. Condo fees cover landscaping and snow clearing. Whether you’re looking to downsize or simply want a more manageable space, this home offers everything you need to live your best life with ease. Options to sell fully furnished. (id:56688)
Property Details
MLS: 1278667
Listing ID: 27544198
Address: 13 Coultas Street, St John's, Newfoundland & Labrador, Canada A1A0C7
Status: Active
Last updated: 2 days ago ( Jan 17, 2025 )
Year Built: 2005
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,308 square feet
Price per sq ft: $322
Tax Annual Amount: $3,209
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Number of photos available: 17
Rurl
Coordinates: [47.622304, -52.710389]
Listing ID: 27544198
Address: 13 Coultas Street, St John's, Newfoundland & Labrador, Canada A1A0C7
Status: Active
Last updated: 2 days ago ( Jan 17, 2025 )
Year Built: 2005
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,308 square feet
Price per sq ft: $322
Tax Annual Amount: $3,209
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Number of photos available: 17
Rurl
Coordinates: [47.622304, -52.710389]
Rooms
Main level | Living room/Fireplace Primary Bedroom Bedroom Kitchen | 17x17 null 12x14 null 11x12 null 13x19 null |
Basic Calculator
First Mortgage: $335,920
Mortgage insurance premium: $0
Total Financing: $335,920
Rough closing fee (1.5%): ~ $6,299
Total downpayment with estimated closing fee: $90,279
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,439 | $17,268 |
Gross rental income (income/principal ratio) | 0.343% | 4.112% |
Mortgage | $0 | $0 |
Monthly Expenses | $525 | $6,300 |
Vacancy | $72 | $864 |
Management Fee | $116 | $1,382 |
Expense / Income Ratio | 36.48% | 36.48% |
Cash Flow | $727 | $8,724 |
Net Operating Income (NOI) | $727 | $8,724 |
Capitalization Rate | 0.17% | 2.08% |
Capitalization Rate: 2.08%
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).): $599,858