About the property (MLS: 1279955):
Centrally located just a few moments walk from grocery and other fast developing amenities of a gentrified West End neighbourhood on the rise, 98 Glenview Terrace is a fantastic half duplex home with perks and benefits rarely found at this price point. Starting on the exterior, the property features an oversized lot and drive through access to a fully fenced yard that currently has a storage shed to the rear. The lot appears to have the space to easily allow for expanded outbuilding development in the future, but this would be subject to City approval. The tidy, two storey home is in excellent condition with spacious living and dining rooms to compliment the eat-in kitchen on the main floor, while three bedrooms and a full bath complete the developed space upstairs. The basement is undeveloped with ample area for a rec room or additional bedroom space to be completed to meet your needs. Furthering the exceptional value on offer, the home has been well maintained with vinyl windows and doors replaced over the years as needed, and the shingles replaced in 2022. Earliest presentation of offers will be 11am, Saturday, November 30 as per the Vendor's written direction. (id:56688)
Property Details
Listing ID: 27687570
Address: 98 Glenview Terrace, St. John's, Newfoundland & Labrador, Canada A1E3H7
Status: Active
Last updated: 14 days ago ( Nov 27, 2024 )
Year Built: 1977
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: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 1,728 square feet
Price per sq ft: $128
Tax Annual Amount: $1,545
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: Baseboard heaters, Electric
Flooring: Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.542913, -52.742646]
Rooms
Basement | Laundry room Recreation room | 18.6x10.8 null 8x26.4 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | Full null 9.9x9 null 10.9x8.2 null 12.1x12 null |
Main level | Not known Dining room Living room Porch | 9.7x10.9 null 9.6x10.10 null 16x12.4 null 4.6x3.8 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 | $1,901 | $22,812 |
Gross rental income (income/principal ratio) | 0.864% | 10.374% |
Mortgage | $0 | $0 |
Monthly Expenses | $275 | $3,300 |
Vacancy | $96 | $1,141 |
Management Fee | $153 | $1,825 |
Expense / Income Ratio | 14.47% | 14.47% |
Cash Flow | $1,379 | $16,548 |
Net Operating Income (NOI) | $1,379 | $16,548 |
Capitalization Rate | 0.63% | 7.53% |