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TelephoneEmail8 Mike Adam Place, St. John's, Newfoundland & Labrador, Canada A1H0C5

8 Mike Adam Place

St. John's, NL, A1H0C5

location

3 Beds | 3 Baths

$539,900

8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
8 Mike Adam Place St. John's Newfoundland & Labrador Canada A1H0C5, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279465):

Discover the perfect blend of comfort and convenience in this stunning family bungalow, nestled in the sought-after Southlands neighborhood. Ideally located near Galway Shopping Centre, major highways, schools, and scenic walking trails! Step into the inviting foyer and be greeted by an open-concept main floor that seamlessly integrates the living room, dining area, and kitchen. The living room features a contemporary propane fireplace, adding a touch of elegance and warmth. The adjacent kitchen boasts classic design elements, including a sit-up peninsula breakfast bar, stainless steel appliances, and a stylish backsplash. Enjoy effortless indoor-outdoor living with direct access to the rear patio and garden. The main floor includes two generously sized bedrooms, primary bedroom which offering a private ensuite bathroom and a spacious walk-in closet. A well-appointed family bathroom serves the remaining bedroom and guests. The fully developed basement enhances your living space with a large recreation room, a dedicated games/darts area, and a versatile bonus room currently utilized as a home gym. Additional features include a third bedroom, a full bathroom, and a convenient laundry area. Notably, there is also a laundry hook-up on the main floor for a stackable washer and dryer, offering flexibility to suit your needs. Completing this home is an energy efficient three-head mini-split heating and cooling system (serving the main floor, primary bedroom, and basement), an attached garage and a fenced rear yard. Don’t miss the opportunity to make this beautiful bungalow your family’s home! (id:56688)

Property Details
MLS: 1279465
Listing ID: 27628515
Address: 8 Mike Adam Place, St. John's, Newfoundland & Labrador, Canada A1H0C5
Status: Active
Last updated: 2 months ago ( Nov 8, 2024 )
Year Built: 2010
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted, Mixed Flooring
Living Area Total: 2,229 square feet
Price per sq ft: $243
Tax Annual Amount: $3,425
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Laminate, Carpeted, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.490312, -52.812481]

Rooms

Basement
Laundry room
Bath (# pieces 1-6)
Bedroom
Not known
Games room
Recreation room
12.7x5.10 null
5.11x7.9 4pc
22.8x14.3 null
24.0x11.0 Gym null
18.6x9.1 null
15.0x11.2 null
Main level
Bath (# pieces 1-6)
Bedroom
Ensuite
Storage
Primary Bedroom
Kitchen
Dining room
Living room/Fireplace
Porch
Foyer
9.7x8.0 4pc
10.6x8.11 null
9.6x12.0 4pc
6.0x5.8 WIC null
17.8x13.0 null
10.9x12.0 null
8.7x12.4 null
17.9x11.10 null
10.5x7.10 null
16.9x6.9 null

Basic Calculator



First Mortgage: $431,920

Mortgage insurance premium: $0

Total Financing: $431,920

Rough closing fee (1.5%): ~ $8,099

Total downpayment with estimated closing fee: $116,079

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,452$29,424
Gross rental income (income/principal ratio)0.454%5.450%
Mortgage$0$0
Monthly Expenses$675$8,100
Vacancy$123$1,472
Management Fee$197$2,354
Expense / Income Ratio27.53%27.53%
Cash Flow$1,459$17,508
Net Operating Income (NOI)$1,459$17,508
Capitalization Rate0.27%3.24%
Capitalization Rate: 3.24%
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).): $771,286