46 Eastaff Street
St. John's, NL, A1E2J4
4 Beds | 1 Bath
$229,900
About the property (MLS: 1279980):
First Time Homebuyers or Great investment property in the west end of St. John's. Close to the Village Mall, Dominion Grocery Store, schools and the crosstown arterial. This 4-bedroom home is currently rented till the end of Aug 2025. Tenants wish to stay longer. This home is very bright and spacious and offers you your very own beautiful garden oasis. With 2 car parking, lots of storage and a 4th bedroom/rec room this home offers great value and is a must see. (id:56688)
Property Details
MLS: 1279980
Listing ID: 27685571
Address: 46 Eastaff Street, St. John's, Newfoundland & Labrador, Canada A1E2J4
Status: Active
Last updated: 2 months ago ( Nov 26, 2024 )
Year Built: 1976
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: Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,680 square feet
Price per sq ft: $137
Tax Annual Amount: $2,302
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Mixed Flooring
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.538852, -52.748429]
Listing ID: 27685571
Address: 46 Eastaff Street, St. John's, Newfoundland & Labrador, Canada A1E2J4
Status: Active
Last updated: 2 months ago ( Nov 26, 2024 )
Year Built: 1976
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: Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,680 square feet
Price per sq ft: $137
Tax Annual Amount: $2,302
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Mixed Flooring
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.538852, -52.748429]
Rooms
| Basement | Laundry room Other Bedroom | 16.3x10.5 null 10x8.1 null 11.7x9.4 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4.10x7 null 11.6x7.2 null 15.4x7.9 null 12.6x12.3 null |
| Main level | Living room Dining room Kitchen | 20.3x12.3 null 13.9x7.8 null 9.2x7.10 null |
Basic Calculator
First Mortgage: $183,920
Mortgage insurance premium: $0
Total Financing: $183,920
Rough closing fee (1.5%): ~ $3,449
Total downpayment with estimated closing fee: $49,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,849 | $22,188 |
| Gross rental income (income/principal ratio) | 0.804% | 9.651% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $288 | $3,456 |
| Vacancy | $93 | $1,110 |
| Management Fee | $148 | $1,776 |
| Expense / Income Ratio | 15.58% | 15.58% |
| Cash Flow | $1,321 | $15,852 |
| Net Operating Income (NOI) | $1,321 | $15,852 |
| Capitalization Rate | 0.57% | 6.90% |
Capitalization Rate: 6.90%
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).): $328,429
