About the property (MLS: 1278862):
Another quality-built home by Horizon Homes Limited. Two-bedroom bungalow under construction in the beautiful Estates at Clovelly. Features a large open main floor plan with living room with propane fireplace, kitchen and dining room. 9' main floor ceiling. Basement is partially developed with a recreation room, a bedroom and a bathroom. HST included in purchase price when purchased as a principal residence. (id:56688)
Property Details
MLS: 1278862
Listing ID: 27566073
Address: 20 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: 12 days ago ( Oct 22, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,688 square feet
Price per sq ft: $248
Tax Annual Amount: $6,051
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.618245, -52.703018]
Listing ID: 27566073
Address: 20 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: 12 days ago ( Oct 22, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,688 square feet
Price per sq ft: $248
Tax Annual Amount: $6,051
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.618245, -52.703018]
Rooms
Basement | Bedroom Bath (# pieces 1-6) Recreation room | 12.4 x 12.5 null 4 Pce null 24.7 x 26.2 null |
Main level | Porch Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Laundry room Kitchen Dining room Living room/Fireplace | 6.6 x 8 null 10.1 x 12.7 null 3 Pce null 12.7 x 14 null 4 Pce null 5 x 7 null 10.7 x 12.7 null 8.4 x 12.7 null 13.3 x 20.9 null |
Basic Calculator
First Mortgage: $531,920
Mortgage insurance premium: $0
Total Financing: $531,920
Rough closing fee (1.5%): ~ $9,974
Total downpayment with estimated closing fee: $142,954
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,957 | $35,484 |
Gross rental income (income/principal ratio) | 0.445% | 5.337% |
Mortgage | $0 | $0 |
Monthly Expenses | $832 | $9,984 |
Vacancy | $148 | $1,775 |
Management Fee | $237 | $2,839 |
Expense / Income Ratio | 28.14% | 28.14% |
Cash Flow | $1,741 | $20,892 |
Net Operating Income (NOI) | $1,741 | $20,892 |
Capitalization Rate | 0.26% | 3.14% |
Capitalization Rate: 3.14%
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).): $949,858