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TelephoneEmail11 View Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W5G6

11 View Lane

Conception Bay South, NL, A1W5G6

location

2 Beds | 2 Baths

$169,000

11 View Lane Conception Bay South Newfoundland & Labrador Canada A1W5G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
11 View Lane Conception Bay South Newfoundland & Labrador Canada A1W5G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
11 View Lane Conception Bay South Newfoundland & Labrador Canada A1W5G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
11 View Lane Conception Bay South Newfoundland & Labrador Canada A1W5G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
11 View Lane Conception Bay South Newfoundland & Labrador Canada A1W5G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
11 View Lane Conception Bay South Newfoundland & Labrador Canada A1W5G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
11 View Lane Conception Bay South Newfoundland & Labrador Canada A1W5G6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279460):

Here is an opportunity for a handy person project or a contractor to complete some TLC/ renovations to make this 2 bedroom house a new home for you or someone else. Some work was completed within the last ten years, such as a new addition added on that was used as a decorators workshop/shed ,measuring 28 X 16, exterior spruce clapboard, new shingles, some new windows & doors etc. Perched on View Lane you can sit out on the front balcony and take in the views of Conception South and the area while having your coffee or just relaxing with family or friends. This property is being sold as is where is, home inspection will be for information purposes only. At this price it won't last long. (id:56688)

Property Details
MLS: 1279460
Listing ID: 27627999
Address: 11 View Lane, Conception Bay South, Newfoundland & Labrador, Canada A1W5G6
Status: Active
Last updated: a month ago ( Nov 7, 2024 )
Year Built: 1976
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 1,244 square feet
Price per sq ft: $136
Tax Annual Amount: $1,171
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Co-operative Well
Foundation Details: Block
Heating: Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.530334, -52.941269]

Rooms

Main level
Workshop
Laundry room
Bath (# pieces 1-6)
Ensuite
Primary Bedroom
Kitchen
Bedroom
Dining room
Living room
28 x 16 null
12 x 5.6 null
7 x 6 null
7 x 5.6 null
16 x 11 null
12 x 10.6 null
11.4 x 7 null
12 x 11.4 null
20 x 14 null

Basic Calculator



First Mortgage: $135,200

Mortgage insurance premium: $0

Total Financing: $135,200

Rough closing fee (1.5%): ~ $2,535

Total downpayment with estimated closing fee: $36,335

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,369$16,428
Gross rental income (income/principal ratio)0.810%9.721%
Mortgage$0$0
Monthly Expenses$212$2,544
Vacancy$69$822
Management Fee$110$1,315
Expense / Income Ratio15.49%15.49%
Cash Flow$980$11,760
Net Operating Income (NOI)$980$11,760
Capitalization Rate0.58%6.96%
Capitalization Rate: 6.96%
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).): $241,429