About the property (MLS: 1279830):
Brand new, 2-apartment home conveniently located on a quiet side street in Westgate! This fully developed home features 5 bedrooms, 3 and a half bathrooms, with an open concept style in each unit. Main unit has living room, dining room and kitchen with 3 bedrooms and ensuite bath and walk in closet off of the primary bedroom, with rec room, half bath and laundry in the basement. Apartment includes living room and Kitchen, 2 bedrooms and separate laundry facilities and 4-piece bath. Situated on a fully landscaped lot with front and rear and 3-car paved driveway! 10 Year Atlantic Home Warranty and main floor single head mini split! (id:56688)
Property Details
Listing ID: 27672413
Address: 61 Sir Wilfred Grenfell Street, St. John's, Newfoundland & Labrador, Canada A1B0P9
Status: Active
Last updated: 20 days ago ( Nov 21, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,582 square feet
Price per sq ft: $217
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
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: 1
Rurl
Coordinates: [47.544477, -52.804286]
Rooms
Basement | Laundry room Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Bath (# pieces 1-6) Recreation room | 3.3x9.10 null 9.2x3.0 4pc 16.8x10.9 null 9.2x10.8 null 12.9x11.6 null 13.10x11.6 null 10.8x3.0 null 7.9x3.0 2pc 11.8x11.10 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Storage Ensuite Primary Bedroom Dining room Kitchen Living room | 8.3x3.0 4pc 10.0x10.0 null 10.0x10.0 null 5.0x5.0 WIC null 5.7x5.0 3PC null 17.7x11.5 null 12.0x6.3 null 16.1x13.2 null 12.0x10.0 null |
Basic Calculator
First Mortgage: $447,920
Mortgage insurance premium: $0
Total Financing: $447,920
Rough closing fee (1.5%): ~ $8,399
Total downpayment with estimated closing fee: $120,379
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,841 | $34,092 |
Gross rental income (income/principal ratio) | 0.507% | 6.089% |
Mortgage | $0 | $0 |
Monthly Expenses | $700 | $8,400 |
Vacancy | $143 | $1,705 |
Management Fee | $228 | $2,728 |
Expense / Income Ratio | 24.64% | 24.64% |
Cash Flow | $1,772 | $21,264 |
Net Operating Income (NOI) | $1,772 | $21,264 |
Capitalization Rate | 0.32% | 3.80% |