24 Lynch Place
St. John's, NL, A1B4L8
3 Beds | 2 Baths
$369,900
About the property (MLS: 1279278):
QUICK OCCUPANCY AVAILABLE. 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 12 patio deck, double car paved driveway, complete landscaping, and a 7-year Atlantic Home Warranty. Mini split electrical breaker is roughed in. Check out the awesome views of the city from Lynch Place. (id:56688)
Property Details
Listing ID: 27612391
Address: 24 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: a month ago ( Nov 4, 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: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 1,507 square feet
Price per sq ft: $246
Tax Annual Amount: $3,300
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: 9
Rurl
Coordinates: [47.554897, -52.751257]
Rooms
| Lower level | Porch Foyer Bath (# pieces 1-6) Laundry room Bedroom | 8 x 4 null 8 x 11 null 4pc 8.11 x 5.7 null 13.8 x 11.4 null |
| Main level | Bath (# pieces 1-6) Primary Bedroom Bedroom Dining room Kitchen Living room | 4 pc 12 x 13 null 11.11 x 10.9 null 11 x 11 null 11 x 12 null 12 x 13 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,658 | $19,896 |
| Gross rental income (income/principal ratio) | 0.448% | 5.379% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $83 | $995 |
| Management Fee | $133 | $1,592 |
| Expense / Income Ratio | 27.93% | 27.93% |
| Cash Flow | $980 | $11,760 |
| Net Operating Income (NOI) | $980 | $11,760 |
| Capitalization Rate | 0.26% | 3.18% |
