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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 27.53% | 27.53% |
Cash Flow | $1,459 | $17,508 |
Net Operating Income (NOI) | $1,459 | $17,508 |
Capitalization Rate | 0.27% | 3.24% |