365 Portugal Cove Place
St. John's, NL, A1A4Y5
2 Beds | 1 Bath
$259,900
About the property (MLS: 1279237):
Nestled in the highly desirable east end of St. John's, discover this charming 2-bedroom, 1-bathroom bungalow offering an idyllic blend of comfort and convenience. Perfectly positioned for easy access to Memorial University, St. John's International Airport, and all major amenities of the city, this location ensures practicality. Situated on a spacious 1-acre lot with incredible city views, the property provides ample room for outdoor enjoyment and future expansion possibilities. Residents will appreciate the convenience of municipal water and sewer services, as well as a reliable 200 amp electrical service. A newly completed survey in 2024 ensures updated property boundaries, offering peace of mind to potential buyers regarding property dimensions and boundaries. Whether you're looking for a peaceful retreat close to amenities or a strategic investment opportunity, this bungalow presents a compelling option. Don't miss out on the chance to make this picturesque property your own. (id:56688)
Property Details
Listing ID: 27606845
Address: 365 Portugal Cove Place, St. John's, Newfoundland & Labrador, Canada A1A4Y5
Status: Active
Last updated: a month ago ( Nov 1, 2024 )
Year Built: 1960
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 850 square feet
Price per sq ft: $306
Tax Annual Amount: $1,866
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.59822, -52.732752]
Rooms
| Main level | Bedroom Bedroom Living room Kitchen | 9'8"" X 9'4"" null 9'5"" X 10'6"" null 17'1"" X 10'7"" null 10'7"" X 11'7"" null |
Basic Calculator
First Mortgage: $207,920
Mortgage insurance premium: $0
Total Financing: $207,920
Rough closing fee (1.5%): ~ $3,899
Total downpayment with estimated closing fee: $55,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $936 | $11,232 |
| Gross rental income (income/principal ratio) | 0.360% | 4.322% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $325 | $3,900 |
| Vacancy | $47 | $562 |
| Management Fee | $75 | $899 |
| Expense / Income Ratio | 34.72% | 34.72% |
| Cash Flow | $490 | $5,880 |
| Net Operating Income (NOI) | $490 | $5,880 |
| Capitalization Rate | 0.19% | 2.26% |
