31 Lynch Place
St. John's, NL, A1B4L8
3 Beds | 3 Baths
$349,900
About the property (MLS: 1279284):
QUICK OCCUPANCY! A tastefully designed duplex conveniently situated near MUN, Health Science Centre, and Avalon Mall. This home offers a beautiful kitchen, living and dining area with laundry and 1/2 bath all on the lower level. Plus three bedrooms up, two full bathrooms with the ensuite bath boasting a large 1 pc fibregalss walk in shower. Additional highlights include a 10 x 12 patio deck, a paved driveway, complete landscaping, and a 7-year Atlantic Home Warranty plus electrical rough in for mini splits. Check out the awesome views of the city from Lynch Place. (id:56688)
Property Details
Listing ID: 27612390
Address: 31 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: a month ago ( Nov 15, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 1,310 square feet
Price per sq ft: $268
Tax Annual Amount: $3,200
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: 16
Rurl
Coordinates: [47.554834, -52.750859]
Rooms
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 4 pc 3 pc 9.11 x 9.3 null 9.11 x 9.10 null 13.6 x 10.4 null |
| Main level | Bath (# pieces 1-6) Foyer Bath (# pieces 1-6) Laundry room Kitchen Dining room Living room | 2pc 9 x 4.6 null 2pc 6 x 3.5 null 10.4 x 9.3 null 12 x 8 null 15 x 12 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,442 | $17,304 |
| Gross rental income (income/principal ratio) | 0.412% | 4.945% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $73 | $866 |
| Management Fee | $116 | $1,385 |
| Expense / Income Ratio | 30.37% | 30.37% |
| Cash Flow | $817 | $9,804 |
| Net Operating Income (NOI) | $817 | $9,804 |
| Capitalization Rate | 0.23% | 2.80% |
