22 Frampton Avenue
St. John's, NL, A1A0R9
3 Beds | 3 Baths
$655,000
About the property (MLS: 1280151):
Three-bedroom two storey in the beautiful Estates at Clovelly. Large open main floor plan with an inviting kitchen and a dining room plus a living room and a main floor den. Two full bathrooms plus a powder room. Single car garage. Covered front deck. Purchase price includes the HST. Another quality home by York Developments Inc. Purchase price includes the HST. (id:56688)
Property Details
MLS: 1280151
Listing ID: 27714164
Address: 22 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: a month ago ( Dec 5, 2024 )
Year Built: 2024
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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,908 square feet
Price per sq ft: $226
Tax Annual Amount: $5,961
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.618405, -52.703081]
Listing ID: 27714164
Address: 22 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: a month ago ( Dec 5, 2024 )
Year Built: 2024
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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,908 square feet
Price per sq ft: $226
Tax Annual Amount: $5,961
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.618405, -52.703081]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 3 x 5 null 5 Pce null 9.3 x 9.9 null 9.3 x 10.3 null 5 Pce null 11.6 x 15 null |
| Main level | Bath (# pieces 1-6) Mud room Not known Den Dining room Kitchen Living room | 2 Pce null 7.1 x 7.2 null 3 x 7 null 10.8 x 13.6 null 9 x 13.8 null 12.2 x 16.6 null 12 x 13.8 null |
Basic Calculator
First Mortgage: $524,000
Mortgage insurance premium: $0
Total Financing: $524,000
Rough closing fee (1.5%): ~ $9,825
Total downpayment with estimated closing fee: $140,825
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,199 | $38,388 |
| Gross rental income (income/principal ratio) | 0.488% | 5.861% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $819 | $9,828 |
| Vacancy | $160 | $1,920 |
| Management Fee | $256 | $3,072 |
| Expense / Income Ratio | 25.60% | 25.60% |
| Cash Flow | $1,965 | $23,580 |
| Net Operating Income (NOI) | $1,965 | $23,580 |
| Capitalization Rate | 0.30% | 3.60% |
Capitalization Rate: 3.60%
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).): $935,715
