16 Lynch Place
St. John's, NL, A1B4L8
3 Beds | 2 Baths
$364,900
About the property (MLS: 1279286):
QUICK OCCUPANCY! 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 plus mini splits electrical breaker roughed in. CHECK OUT THE AWESOME CITY VIEWS FROM LYNCH PLACE! (id:56688)
Property Details
Listing ID: 27617163
Address: 16 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
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: 1,404 square feet
Price per sq ft: $260
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: 14
Rurl
Coordinates: [47.55522, -52.751115]
Rooms
| Main level | Dining room Bath (# pieces 1-6) Bedroom Primary Bedroom Kitchen Living room | 12 x 8 null 4pc 10.4 x 9.6 null 12 x 10.9 null 11.5 x 10.4 null 13 x 12 null |
| Lower level | Porch Bath (# pieces 1-6) Laundry room Bedroom Foyer | 7.4 x 6 null 4pc 11 x 4.6 null 10 x 9.11 null 10 x 8 null |
Basic Calculator
First Mortgage: $291,920
Mortgage insurance premium: $0
Total Financing: $291,920
Rough closing fee (1.5%): ~ $5,474
Total downpayment with estimated closing fee: $78,454
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,545 | $18,540 |
| Gross rental income (income/principal ratio) | 0.423% | 5.081% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $457 | $5,484 |
| Vacancy | $78 | $927 |
| Management Fee | $124 | $1,484 |
| Expense / Income Ratio | 29.58% | 29.58% |
| Cash Flow | $888 | $10,656 |
| Net Operating Income (NOI) | $888 | $10,656 |
| Capitalization Rate | 0.24% | 2.92% |
