43-47 Foxtrap Access Road
CBS, NL, A1X7N6
2 Beds | 2 Baths
$625,000
About the property (MLS: 1280068):
3-in-1… a large Bungalow PLUS a Rental Property or Guest House PLUS a Building Lot! This is a rare opportunity to own 2-homes and a building lot on approx. 1.75 Acres of a park like setting that backs on Foxtrap River in Sunny CBS! The BUNGALOW has 2 large bedrooms and has been well maintained and cared for. It has a formal living room with wood burning fireplace, a large open-concept kitchen/dining/family room area with propane fireplace and a mini-split heat-pump as well as a sun-room to relax and enjoy even on the coldest days! Some key highlights: in-floor heating, hardwood & tile flooring, crown moldings, solid surface counters in kitchen with island, large mudroom/laundry area, new shower enclosure in main bathroom with skylight, 2-mini splits, primary bedroom with ensuite (with jacuzzi tub) and walk-in closet. The luscious landscape is awesome and has a wrap around deck for you to enjoy it! There are lots of mature apple/fruit trees, a shed, a 2 more detached garages, a cellar and a custom outdoor firepit to enjoy Summer evenings! The RENTAL PROPERTY or GUEST HOUSE is a 2-bedroom bungalow (approx. 1480sqft) with a rec-room, heated by forced air oil furnace, has a large back deck and just had the electrical upgraded in 2024! Also an ideal space for additional family or a guest house. The BUILDING LOT is a fantastic bonus that can be sold off in the future or kept for privacy. It is approx. 50x384 sqft. There is so much potential with this property, you can keep it all and rent the small house for additional income or you can subdivide and sell the small house and building lot for some extra cash! From this location, you are a couple minutes to the CBS bypass for quick access to the rest of CBS or everything St. John's and Mount Pearl offers! (id:56688)
Property Details
Listing ID: 27700705
Address: 43-47 Foxtrap Access Road, CBS, Newfoundland & Labrador, Canada A1X7N6
Status: Active
Last updated: 4 days ago ( Jan 10, 2025 )
Year Built: 2000
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: Radiant heat, Oil, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 1,762 square feet
Price per sq ft: $355
Tax Annual Amount: $4,464
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Radiant heat, Oil, Propane
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 41
Rurl
Coordinates: [47.503669, -52.996042]
Rooms
| Main level | Bedroom Bedroom Not known Family room Dining nook Kitchen Living room | 16x9 null 11x17 null 11x9 null 12x17 null 9x6 null 13x17 null 16x12 null |
Basic Calculator
First Mortgage: $500,000
Mortgage insurance premium: $0
Total Financing: $500,000
Rough closing fee (1.5%): ~ $9,375
Total downpayment with estimated closing fee: $134,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,939 | $23,268 |
| Gross rental income (income/principal ratio) | 0.310% | 3.723% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $782 | $9,384 |
| Vacancy | $97 | $1,164 |
| Management Fee | $156 | $1,862 |
| Expense / Income Ratio | 40.33% | 40.33% |
| Cash Flow | $905 | $10,860 |
| Net Operating Income (NOI) | $905 | $10,860 |
| Capitalization Rate | 0.14% | 1.74% |
