20A Signal Hill Road
St. John's, NL, A1A1A9
4 Beds | 1 Bath
$225,000
About the property (MLS: 1279640):
Located in a sought after area at the base of Signal Hill, this charming older home is the perfect proximity to downtown shopping and restaurants, Belbins Grovery, Battery Cafe, Bannerman Brewery, entertainment, and world class hiking trails, while being situated off a quiet right-of-way, on Signal Hill Road, providing privacy. The main floor consists of an open living room/kitchen, large storage area/laundry room and 4-piece bathroom. The divided upper level is accessible through two separate staircases. Four bedrooms could be possible, or utilize the rooms for a variety of other purposes. Second floor back private balcony offers stunning views of the harbour and city, with convenient storage shed in the back yard. The main floor features an energy efficient mini split, offering both heating and cooling. At this price, you could own this home with a mortgage payment that would be less then monthly rent!! At nearly 1400 square feet over two levels, the space lends itself to an easy reconfiguration. Don't wait! (id:56688)
Property Details
Listing ID: 27651088
Address: 20A Signal Hill Road, St. John's, Newfoundland & Labrador, Canada A1A1A9
Status: Active
Last updated: a month ago ( Nov 14, 2024 )
Year Built: 1894
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,381 square feet
Price per sq ft: $163
Tax Annual Amount: $1,050
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.571654, -52.696502]
Rooms
| Second level | Bedroom Bedroom Bedroom Primary Bedroom | 10.1x7.0 null 11.3x10.4 null 13.4x7.1 null 16.2x18.10 null |
| Main level | Bath (# pieces 1-6) Laundry room Kitchen Living room/Dining room Foyer | 7.0x6.7 4pc 16.6x18.6 null 11.0x10.0 null 13.6x17.10 null 7.0x10.8 null |
Basic Calculator
First Mortgage: $180,000
Mortgage insurance premium: $0
Total Financing: $180,000
Rough closing fee (1.5%): ~ $3,375
Total downpayment with estimated closing fee: $48,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,520 | $18,240 |
| Gross rental income (income/principal ratio) | 0.676% | 8.107% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $282 | $3,384 |
| Vacancy | $76 | $912 |
| Management Fee | $122 | $1,460 |
| Expense / Income Ratio | 18.55% | 18.55% |
| Cash Flow | $1,041 | $12,492 |
| Net Operating Income (NOI) | $1,041 | $12,492 |
| Capitalization Rate | 0.46% | 5.55% |
