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TelephoneEmail32-34 Church Terrace Unit#Lot #2, Conception Bay South, Newfoundland & Labrador, Canada A1W5M7

32-34 Church Terrace Unit#Lot #2

Conception Bay South, NL, A1W5M7

location

2 Beds | 2 Baths

$619,900

32-34 Church Terrace Unit#Lot #2 Conception Bay South Newfoundland & Labrador Canada A1W5M7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
32-34 Church Terrace Unit#Lot #2 Conception Bay South Newfoundland & Labrador Canada A1W5M7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
32-34 Church Terrace Unit#Lot #2 Conception Bay South Newfoundland & Labrador Canada A1W5M7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
32-34 Church Terrace Unit#Lot #2 Conception Bay South Newfoundland & Labrador Canada A1W5M7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
32-34 Church Terrace Unit#Lot #2 Conception Bay South Newfoundland & Labrador Canada A1W5M7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
32-34 Church Terrace Unit#Lot #2 Conception Bay South Newfoundland & Labrador Canada A1W5M7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279885):

To be built this brand-new 2 bedroom 2 bathroom home, located on a beautiful large lot in topsail 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! Model pictures. (id:56688)

Property Details
MLS: 1279885
Listing ID: 27675503
Address: 32-34 Church Terrace Unit#Lot #2, Conception Bay South, Newfoundland & Labrador, Canada A1W5M7
Status: Active
Last updated: 3 months ago ( Nov 22, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
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: $257
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: [47.536201, -52.939076]

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: $495,920

Mortgage insurance premium: $0

Total Financing: $495,920

Rough closing fee (1.5%): ~ $9,299

Total downpayment with estimated closing fee: $133,279

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,662$31,944
Gross rental income (income/principal ratio)0.429%5.153%
Mortgage$0$0
Monthly Expenses$775$9,300
Vacancy$134$1,598
Management Fee$213$2,556
Expense / Income Ratio29.11%29.11%
Cash Flow$1,541$18,492
Net Operating Income (NOI)$1,541$18,492
Capitalization Rate0.25%2.98%
Capitalization Rate: 2.98%
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).): $885,572