22 Bond Street
St. Johns, NL, A1C1S5
4 Beds | 1 Bath
$139,900
About the property (MLS: 1279753):
Great potential for a beautiful renovation in the heart of the city! This home has a nice size rear yard and Bond St is a one way street with permit parking. This home's floorplan could easily accommodate a top floor primary area with an ensuite or as a 4 bedroom home with 2 bathrooms...lots of possibilities! As per Seller's Directive, no offers to be conveyed prior to 3pm on Thursday, Nov.21/2024. (id:56688)
Property Details
MLS: 1279753
Listing ID: 27665329
Address: 22 Bond Street, St. Johns, Newfoundland & Labrador, Canada A1C1S5
Status: Active
Last updated: 21 days ago ( Nov 21, 2024 )
Year Built: 1900
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,500 square feet
Price per sq ft: $94
Tax Annual Amount: $1,658
Tax Year: 2024
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: 9
Rurl
Coordinates: [47.569963, -52.70483]
Listing ID: 27665329
Address: 22 Bond Street, St. Johns, Newfoundland & Labrador, Canada A1C1S5
Status: Active
Last updated: 21 days ago ( Nov 21, 2024 )
Year Built: 1900
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,500 square feet
Price per sq ft: $94
Tax Annual Amount: $1,658
Tax Year: 2024
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: 9
Rurl
Coordinates: [47.569963, -52.70483]
Rooms
| Third level | Laundry room Bedroom Bedroom | 9x9 null 10x9 null 9x13 null |
| Second level | Bedroom Bedroom | 11x12 null 10x10 null |
| Main level | Kitchen Living room | 12x10.5 null 12.6x12.6 null |
Basic Calculator
First Mortgage: $111,920
Mortgage insurance premium: $0
Total Financing: $111,920
Rough closing fee (1.5%): ~ $2,099
Total downpayment with estimated closing fee: $30,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,651 | $19,812 |
| Gross rental income (income/principal ratio) | 1.180% | 14.162% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $175 | $2,100 |
| Vacancy | $83 | $991 |
| Management Fee | $133 | $1,585 |
| Expense / Income Ratio | 10.60% | 10.60% |
| Cash Flow | $1,262 | $15,144 |
| Net Operating Income (NOI) | $1,262 | $15,144 |
| Capitalization Rate | 0.90% | 10.82% |
Capitalization Rate: 10.82%
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).): $199,858
