98 Merrymeeting Road
St. John's, NL, A1C2W1
3 Beds | 1 Bath
$219,900
About the property (MLS: 1279884):
This two-story home is ideally located in the heart of the city, offering convenience with easy access to a bus route and within walking distance to schools, grocery stores, and other amenities. As you enter through the front door, you'll step into a large foyer, which leads into the bright and inviting living room that benefits from plenty of natural light. The cozy kitchen is open to a dining area, creating a warm, welcoming space for family meals and entertaining. The main floor also includes a versatile extra room, perfect for use as a storage area, TV room, office, or mudroom – the choice is yours. Upstairs, you'll find three well-sized bedrooms and a three-piece bathroom, providing ample space for family living. The basement features a crawl space, ideal for storage. The backyard is fully fenced, providing privacy and a secure area for pets or children to play. This charming home combines functionality, a central location, and flexibility for a variety of needs. (id:56688)
Property Details
Listing ID: 27680582
Address: 98 Merrymeeting Road, St. John's, Newfoundland & Labrador, Canada A1C2W1
Status: Active
Last updated: 7 days ago ( Dec 5, 2024 )
Year Built: 1940
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: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Mixed Flooring
Living Area Total: 1,288 square feet
Price per sq ft: $171
Tax Annual Amount: $1,337
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Heating: Electric
Flooring: Laminate, Carpeted, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.56522, -52.720572]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 3pc 11x11 null 7x7.8 null 11.1x12.6 null |
| Main level | Family room Kitchen Dining room Living room | 11x16 null 8x9 null 11x10.6 null 12x12.6 null |
Basic Calculator
First Mortgage: $175,920
Mortgage insurance premium: $0
Total Financing: $175,920
Rough closing fee (1.5%): ~ $3,299
Total downpayment with estimated closing fee: $47,279
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,417 | $17,004 |
| Gross rental income (income/principal ratio) | 0.644% | 7.733% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $275 | $3,300 |
| Vacancy | $71 | $851 |
| Management Fee | $114 | $1,361 |
| Expense / Income Ratio | 19.41% | 19.41% |
| Cash Flow | $958 | $11,496 |
| Net Operating Income (NOI) | $958 | $11,496 |
| Capitalization Rate | 0.44% | 5.23% |
