18 Frampton Avenue
St. John's, NL, A1A0R9
3 Beds | 3 Baths
$617,500
About the property (MLS: 1279630):
Three bedroom two storey in the beautiful Estates at Clovelly. Large open main floor plan with an inviting kitchen and a dining room. Two full bathrooms plus a powder room. Single car garage. Covered front deck. Purchase price includes the HST. Another quality home by York Homes Limited. (id:56688)
Property Details
MLS: 1279630
Listing ID: 27653507
Address: 18 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: a month ago ( Nov 15, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,568 square feet
Price per sq ft: $241
Tax Annual Amount: $5,620
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.618166, -52.702939]
Listing ID: 27653507
Address: 18 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: a month ago ( Nov 15, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,568 square feet
Price per sq ft: $241
Tax Annual Amount: $5,620
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.618166, -52.702939]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 3.5 x 5.67 null 4 Pce null 9.33 x 11 null 11.67 x 12.15 null 3 Pce null 13.33 x 14.67 null |
| Main level | Not known Bath (# pieces 1-6) Dining room Kitchen Living room | 6 x 7 null 2 Pce null 10 x 12 null 11 x 11 null 11 x 14 null |
Basic Calculator
First Mortgage: $494,000
Mortgage insurance premium: $0
Total Financing: $494,000
Rough closing fee (1.5%): ~ $9,263
Total downpayment with estimated closing fee: $132,763
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,825 | $33,900 |
| Gross rental income (income/principal ratio) | 0.457% | 5.490% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $772 | $9,264 |
| Vacancy | $142 | $1,695 |
| Management Fee | $226 | $2,712 |
| Expense / Income Ratio | 27.33% | 27.33% |
| Cash Flow | $1,686 | $20,232 |
| Net Operating Income (NOI) | $1,686 | $20,232 |
| Capitalization Rate | 0.27% | 3.28% |
Capitalization Rate: 3.28%
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).): $882,143
