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TelephoneEmail304 PORTUGAL COVE Place Unit#302, ST JOHN'S, Newfoundland & Labrador, Canada A1B2N9

304 PORTUGAL COVE Place Unit#302

ST JOHN'S, NL, A1B2N9

location

2 Beds | 2 Baths

$265,000

304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
304 PORTUGAL COVE Place Unit#302 ST JOHN'S Newfoundland & Labrador Canada A1B2N9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278626):

EXCELLENT VALUE IN THIS TWO BEDROOM TWO BATH CORNER UNIT CONDO ON A QUITE EAST END CUL DA SAC.GREY CLIFFE IS A WELL MANAGED BDLG WITH PRIDE OF OWNERSHIP THOUGHOUT.ACCESSIBLE BLDG WITH DIRECT ACCESS TO THE ELEVATOR PLUS DISIGNATED PARKING SPACE.REALLY BRIGHT LIVING AREA AND BEDROOMS AS ALL HAVE LARGE WINDOWS ALLOWING NATUREL LIGHT INTO THESE AREAS .SPACIOUS WORKABLE KITCHEN DIRECTLY OF THE DINING RM.NICE FEATURE IS THE UNIT LAUNDRY THAT DOUBLES AS STORAGE PLUS BASEMENT STORAGE RM. OUTDOOR PATIO AREA . ON SITE GUEST PARKING. LOOKING FOR CARE FREE LIVING BOOK YOUR VIEWING OF THIS WELL MAINTAINED CONDO WITH NO AGE RESTRICTIONS. (id:56688)

Property Details
MLS: 1278626
Listing ID: 27549524
Address: 304 PORTUGAL COVE Place Unit#302, ST JOHN'S, Newfoundland & Labrador, Canada A1B2N9
Status: Active
Last updated: 12 days ago ( Oct 21, 2024 )
Year Built: 1991
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 1,008 square feet
Price per sq ft: $263
Tax Annual Amount: $1,834
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted
Exterior Features: Brick
Common Interest: Condo/Strata
Association Fee: 415
Number of photos available: 21
Rurl
Coordinates: [47.596332, -52.727822]

Rooms

Third level
Bath (# pieces 1-6)
Bath (# pieces 1-6)
Bedroom
Primary Bedroom
Laundry room
Kitchen
Dining room
Living room
2PC ENSUITE null
4PC FULL BATH null
14.7X9.7 null
15.7X12 null
7X5 null
12X10 null
15X9 null
20X11.6 null

Basic Calculator



First Mortgage: $212,000

Mortgage insurance premium: $0

Total Financing: $212,000

Rough closing fee (1.5%): ~ $3,975

Total downpayment with estimated closing fee: $56,975

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,109$13,308
Gross rental income (income/principal ratio)0.418%5.022%
Mortgage$0$0
Monthly Expenses$332$3,984
Vacancy$56$666
Management Fee$89$1,065
Expense / Income Ratio29.94%29.94%
Cash Flow$633$7,596
Net Operating Income (NOI)$633$7,596
Capitalization Rate0.24%2.87%
Capitalization Rate: 2.87%
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).): $378,572