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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 29.94% | 29.94% |
Cash Flow | $633 | $7,596 |
Net Operating Income (NOI) | $633 | $7,596 |
Capitalization Rate | 0.24% | 2.87% |