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TelephoneEmail25-27 Rich's Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5E7

25-27 Rich's Place

Conception Bay South, NL, A1W5E7

location

3 Beds | 2 Baths

$465,000

25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
25-27 Rich's Place Conception Bay South Newfoundland & Labrador Canada A1W5E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279513):

RARE new home on an incredible DOUBLE LOT in quiet, beautiful Chamberlains! This 12 year old split entry home ensures you have everything you will ever need to settle in, enjoy life and stay forever! An excellent OPEN CONCEPT design - OVERSIZED kitchen with plenty of cabinetry, centre island and spacious living & dining room. Main area equipped with economical MINI SPLIT! Down the hall, you'll find the main bath + 3 great sized bedrooms: the primary with 3 piece ENSUITE and WALK IN CLOSET! Downstairs you'll find another developed room which could be a great rec, office, playroom or even a bedroom! The ATTACHED GARAGE is gigantic and could easily fit 2 cars. The rest of the basement is ready for your design, potentially a great rec room and extra bedroom! You'll love the WOODSTOVE and how cozy it makes the whole house! With a great backyard and paving for 8 or more cars, this home also boasts a giant DETACHED 20 x 30 GARAGE with MINI SPLIT AND WOODSTOVE (sold as is) Tons of space for whatever hobbies you like! Shed party anyone? This quiet neighbourhood, close to the highway, close to Topsail Beach and many other amenities makes this a great investment and an even greater home! Don't miss out on the chance to own this rare property! (id:56688)

Property Details
MLS: 1279513
Listing ID: 27640619
Address: 25-27 Rich's Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5E7
Status: Active
Last updated: 2 months ago ( Nov 30, 2024 )
Year Built: 2012
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: Baseboard heaters, Electric, Wood
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Living Area Total: 2,028 square feet
Price per sq ft: $230
Tax Annual Amount: $2,378
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Wood
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.527365, -52.941098]

Rooms

Basement
Not known
Storage
Storage
Den
19.4 x 19.4 null
23.5 x 14.1 null
12.3 x 14.1 null
10.1 x 10.10 null
Main level
Bath (# pieces 1-6)
Ensuite
Bedroom
Bedroom
Primary Bedroom
Dining room
Living room
Kitchen
5.5 x 8.11 null
5.5 x 5.7 null
12 x 9 null
12 x 8.5 null
11.6 x 14.11 null
12.9 x 5 null
10.8 x 14.2 null
13.4 x 15.1 null

Basic Calculator



First Mortgage: $372,000

Mortgage insurance premium: $0

Total Financing: $372,000

Rough closing fee (1.5%): ~ $6,975

Total downpayment with estimated closing fee: $99,975

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,231$26,772
Gross rental income (income/principal ratio)0.480%5.757%
Mortgage$0$0
Monthly Expenses$582$6,984
Vacancy$112$1,339
Management Fee$179$2,142
Expense / Income Ratio26.09%26.09%
Cash Flow$1,359$16,308
Net Operating Income (NOI)$1,359$16,308
Capitalization Rate0.29%3.51%
Capitalization Rate: 3.51%
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).): $664,286