12 Noseworthy's Lane
Conception Bay South, NL, A1W3H2
2 Beds | 1 Bath
$150,000
About the property (MLS: 1279217):
Great Fixer-Upper Opportunity! This property is located in a lovely neighborhood and is ready for your personal touch. Selling AS IS—please note there is currently no electricity or heat in the home. Perfect for those looking to invest in a project! AS IS WHERE IS. (id:56688)
Property Details
MLS: 1279217
Listing ID: 27612415
Address: 12 Noseworthy's Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W3H2
Status: Active
Last updated: a month ago ( Nov 7, 2024 )
Year Built: 1950
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: Carpeted, Other
Living Area Total: 616 square feet
Price per sq ft: $244
Tax Annual Amount: $139
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Wood
Heating: Baseboard heaters, Electric
Flooring: Carpeted, Other
Exterior Features: Aluminum siding, Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.515855, -52.965195]
Listing ID: 27612415
Address: 12 Noseworthy's Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W3H2
Status: Active
Last updated: a month ago ( Nov 7, 2024 )
Year Built: 1950
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: Carpeted, Other
Living Area Total: 616 square feet
Price per sq ft: $244
Tax Annual Amount: $139
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Wood
Heating: Baseboard heaters, Electric
Flooring: Carpeted, Other
Exterior Features: Aluminum siding, Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.515855, -52.965195]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Not known Porch | 9.5 x 4.11 null 9.9 x 8.1 null 9.8 x 9.5 null 14.11 x 11.4 null 9.9 x 9.4 null 10.5 x 7.7 null |
Basic Calculator
First Mortgage: $120,000
Mortgage insurance premium: $0
Total Financing: $120,000
Rough closing fee (1.5%): ~ $2,250
Total downpayment with estimated closing fee: $32,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $678 | $8,136 |
| Gross rental income (income/principal ratio) | 0.452% | 5.424% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $188 | $2,256 |
| Vacancy | $34 | $407 |
| Management Fee | $55 | $651 |
| Expense / Income Ratio | 27.73% | 27.73% |
| Cash Flow | $402 | $4,824 |
| Net Operating Income (NOI) | $402 | $4,824 |
| Capitalization Rate | 0.27% | 3.22% |
Capitalization Rate: 3.22%
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).): $214,286
