67 Morgans Road
Conception Bay South, NL, A1X5A8
2 Beds | 2 Baths
$499,900
About the property (MLS: 1279686):
To be built this brand-new 2 bedroom 2 bathroom home, located on a large lot providing drive-in access and space for a detached garage. Featuring an open-concept living and dining room area with a spacious kitchen complete with an island and pantry, this home is designed for both comfort and entertaining. The main floor includes a large primary bedroom with a walk-in closet and ensuite, a guest bedroom, main bathroom, the convenience of main floor laundry room and an enclosed porch. The 400 sq/ft in-house garage offers ample storage, and the basement is primed for future development with space for additional bedrooms, a rec room, and more. Driveway and landscaping allowance included, 10x10 back patio, this home is ready to impress! (id:56688)
Property Details
Listing ID: 27653646
Address: 67 Morgans Road, Conception Bay South, Newfoundland & Labrador, Canada A1X5A8
Status: Active
Last updated: a month ago ( Nov 15, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,420 square feet
Price per sq ft: $207
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 6
Rurl
Coordinates: [47.465373, -53.074246]
Rooms
| Main level | Dining room Kitchen Living room Primary Bedroom Laundry room Not known Bedroom Porch | 12.3x9 null 12.6x11 null 12.3x15.9 null 12x12 null 6x5.10 null 4.6x4.6 null 10.1x12 null 8.1x6 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,662 | $31,944 |
| Gross rental income (income/principal ratio) | 0.533% | 6.390% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $134 | $1,598 |
| Management Fee | $213 | $2,556 |
| Expense / Income Ratio | 23.48% | 23.48% |
| Cash Flow | $1,691 | $20,292 |
| Net Operating Income (NOI) | $1,691 | $20,292 |
| Capitalization Rate | 0.34% | 4.06% |
