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TelephoneEmail22 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8

22 Lynch Place

St. John's, NL, A1B4L8

location

3 Beds | 2 Baths

$365,900

22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
22 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278855):

A tastefully designed duplex featuring an attached garage, conveniently situated near MUN, Health Science Centre, and Avalon Mall. This home offers an open concept layout with two bedrooms and a full bathroom on the main floor, complemented by a third bedroom, another full bathroom, and laundry facilities on the lower level. Additional highlights include a 10 x 10 patio deck, a paved driveway, complete landscaping, and a 7-year Atlantic Home Warranty. This home is almost ready for occupancy. Check out the awesome views of the city from Lynch Place. (id:56688)

Property Details
MLS: 1278855
Listing ID: 27580416
Address: 22 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: 8 days ago ( Oct 25, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 1,240 square feet
Price per sq ft: $296
Tax Annual Amount: $3,300
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [47.554941, -52.75133]

Rooms

Lower level
Porch
Foyer
Bath (# pieces 1-6)
Laundry room
Bedroom
7 x 4.6 null
9.6 x 6.6 null
4pc
10.3 x 4.4 null
11 x 8.6 null
Main level
Bath (# pieces 1-6)
Primary Bedroom
Bedroom
Dining room
Kitchen
Living room
4 pc
11 x 12 null
10 x 9 null
10 x 9.6 null
12 x 10 null
11 x 10 null

Basic Calculator



First Mortgage: $292,720

Mortgage insurance premium: $0

Total Financing: $292,720

Rough closing fee (1.5%): ~ $5,489

Total downpayment with estimated closing fee: $78,669

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,364$16,368
Gross rental income (income/principal ratio)0.373%4.473%
Mortgage$0$0
Monthly Expenses$458$5,496
Vacancy$69$819
Management Fee$110$1,310
Expense / Income Ratio33.58%33.58%
Cash Flow$729$8,748
Net Operating Income (NOI)$729$8,748
Capitalization Rate0.20%2.39%
Capitalization Rate: 2.39%
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).): $522,715