7 Horatio Close
Mount Pearl, NL, A1N3Y8
3 Beds | 4 Baths
$599,900
About the property (MLS: 1279930):
Beautiful multi-level home is situated on an oversized lot on a quiet, family friendly cul-de-sac, backing onto a lush green belt. Designed with family living and entertaining in mind, the unique layout offers both style and functionality. The main level welcomes you with a spacious porch and foyer leading to a cozy den with a wood-burning fireplace, a convenient 2-piece powder room, and a large laundry room. A hardwood staircase ascends to the bright, open-concept great room, where vaulted ceilings frame a living area with a custom bar, a dining space, and a gourmet kitchen featuring brand-new countertops, and a massive sit-up island. Sliding doors open to a stunning multi-tiered back patio, ideal for outdoor entertaining. The upper level houses three spacious bedrooms and a 4-piece main bathroom, including a primary suite with a custom walk-in closet and private 3-piece ensuite. A versatile bonus room on the top level provides endless possibilities for use as an office, playroom, or games area. The basement offers even more living space, with a rec room, a 2-piece bathroom, and ample storage. Completing the property is an attached garage, a fenced rear yard, and close proximity to schools, walking trails, and amenities. Perfectly blending modern updates with thoughtful design, this home is ready to impress! Recently painted throughout, this home is move-in ready and available for immediate occupancy. (id:56688)
Property Details
Listing ID: 27681874
Address: 7 Horatio Close, Mount Pearl, Newfoundland & Labrador, Canada A1N3Y8
Status: Active
Last updated: 16 days ago ( Nov 25, 2024 )
Year Built: 1989
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: 4
1/2 Baths: 2
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Fencing: Fence
Living Area Total: 3,489 square feet
Price per sq ft: $172
Tax Annual Amount: $3,008
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Oil
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.501948, -52.793026]
Rooms
| Basement | Utility room Bath (# pieces 1-6) Recreation room | 20.8x7.4 null 8.5x4.8 2PC null 20.4x23.11 null |
| Fourth level | Not known | 20.8x13.7 Loft null |
| Third level | Not known Bedroom Bedroom Storage Ensuite Primary Bedroom | 8.3x8.4 4PC null 11.10x13.11 null 10.6x13.11 null 9.4x6.6 WIC null 3PC 9.4x6.10 null 13.0x13.7 null |
| Second level | Dining room Kitchen Living room | 22.8x7.7 null 20.8x13.6 null 208x16.2 null |
| Main level | Bath (# pieces 1-6) Not known Laundry room Family room/Fireplace Porch | 2PC 5.0x6.3 null 13.0x21.1 null 19.8x10.4 null 22.8x15.2 null 9.2x7.3 null |
Basic Calculator
First Mortgage: $479,920
Mortgage insurance premium: $0
Total Financing: $479,920
Rough closing fee (1.5%): ~ $8,999
Total downpayment with estimated closing fee: $128,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,838 | $46,056 |
| Gross rental income (income/principal ratio) | 0.640% | 7.677% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $750 | $9,000 |
| Vacancy | $192 | $2,303 |
| Management Fee | $308 | $3,685 |
| Expense / Income Ratio | 19.54% | 19.54% |
| Cash Flow | $2,590 | $31,080 |
| Net Operating Income (NOI) | $2,590 | $31,080 |
| Capitalization Rate | 0.43% | 5.18% |
