130 Greelytown Road
Foxtrap, NL, A1X2J5
4 Beds | 4 Baths
$249,000
About the property (MLS: 1279295):
Attention Investors ! 128 Greelytown road is a duplex style apt. Unit A has 2 bedrooms, 1 & 1/2 bathrooms, living room, dining area, kitchen , laundry room. Unit B is mirror image of Unit A. Roof was shingled June 2019. Tenants will need 24 hour notice (id:56688)
Property Details
MLS: 1279295
Listing ID: 27620845
Address: 130 Greelytown Road, Foxtrap, Newfoundland & Labrador, Canada A1X2J5
Status: Active
Last updated: a month ago ( Dec 18, 2024 )
Year Built: 1971
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 2
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,400 square feet
Price per sq ft: $178
Tax Annual Amount: $3,040
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.498962, -52.985632]
Listing ID: 27620845
Address: 130 Greelytown Road, Foxtrap, Newfoundland & Labrador, Canada A1X2J5
Status: Active
Last updated: a month ago ( Dec 18, 2024 )
Year Built: 1971
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 2
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,400 square feet
Price per sq ft: $178
Tax Annual Amount: $3,040
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.498962, -52.985632]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Porch Bath (# pieces 1-6) Bedroom Bedroom Porch | 8.1x7.5 null 12.4x10.10 null 9.8x13.11 null 5x4 null 8.1x7.5 null 12.4x10.10 null 9.8x13.11 null 5x4 null |
| Main level | Laundry room Bath (# pieces 1-6) Dining nook Kitchen Living room Not known Bath (# pieces 1-6) Not known Not known Not known | 5.3x5.2 null 2pc 8x8.5 null 7.5x8 null 11.6x14.1 null 5.3x5.2 null 2 pc 8x8.5 null 7.5x8 null 11.6x14.1 null |
Basic Calculator
First Mortgage: $199,200
Mortgage insurance premium: $0
Total Financing: $199,200
Rough closing fee (1.5%): ~ $3,735
Total downpayment with estimated closing fee: $53,535
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,541 | $18,492 |
| Gross rental income (income/principal ratio) | 0.619% | 7.427% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $312 | $3,744 |
| Vacancy | $78 | $925 |
| Management Fee | $124 | $1,480 |
| Expense / Income Ratio | 20.25% | 20.25% |
| Cash Flow | $1,029 | $12,348 |
| Net Operating Income (NOI) | $1,029 | $12,348 |
| Capitalization Rate | 0.41% | 4.96% |
Capitalization Rate: 4.96%
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).): $355,715
