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TelephoneEmail9 Pinellas Court, St. John’s, Newfoundland & Labrador, Canada A1E5Z7

9 Pinellas Court

St. John’s, NL, A1E5Z7

location

2 Beds | 2 Baths

$250,000

9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
9 Pinellas Court St. John’s Newfoundland & Labrador Canada A1E5Z7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279422):

Located in one of the most welcoming 50 plus communities in St. John’s sits this beautiful 2 Bedroom 2 bathroom Condo. This Unit is Slab on grade so there are no worries of any stairs as even your Laundry room is on the main floor. It has hardwood & Laminate floors, lots of large windows and natural light and a big eat in kitchen to sit and have a cup of tea with your family and friends. This Home is perfect for a downsizing couple, empty Nestor’s or even a great investment property u til you are ready to downsize yourself. These opportunities don't come around often so don’t delay. (id:56688)

Property Details
MLS: 1279422
Listing ID: 27645732
Address: 9 Pinellas Court, St. John’s, Newfoundland & Labrador, Canada A1E5Z7
Status: Active
Last updated: a month ago ( Nov 13, 2024 )
Year Built: 1989
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted
Living Area Total: 1,014 square feet
Price per sq ft: $247
Tax Annual Amount: $1,620
Tax Year: 2018
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete Slab, Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 445
Number of photos available: 15
Rurl
Coordinates: [47.543457, -52.75132]

Rooms

Main level
Bath (# pieces 1-6)
Ensuite
Dining room
Bedroom
Primary Bedroom
Kitchen
Living room/Fireplace
3pc
4 pc
15x7 null
14x12 null
17x15 null
15x10 null
21x15 null

Basic Calculator



First Mortgage: $200,000

Mortgage insurance premium: $0

Total Financing: $200,000

Rough closing fee (1.5%): ~ $3,750

Total downpayment with estimated closing fee: $53,750

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,116$13,392
Gross rental income (income/principal ratio)0.446%5.357%
Mortgage$0$0
Monthly Expenses$313$3,756
Vacancy$56$670
Management Fee$90$1,072
Expense / Income Ratio28.05%28.05%
Cash Flow$658$7,896
Net Operating Income (NOI)$658$7,896
Capitalization Rate0.26%3.16%
Capitalization Rate: 3.16%
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).): $357,143