8 Lawn Point Avenue
Mount Pearl, NL, A1N4Z4
2 Beds | 2 Baths
$429,900
About the property (MLS: 1280286):
Charming New Construction Home at 8 Lawn Point Avenue. Welcome to 8 Lawn Point Avenue, where modern design meets comfort in this brand-new construction home, currently under development. Perfectly situated on a generous lot, this residence offers a blend of contemporary style and functionality. Key Features: - Spacious Bedrooms: The home features two large bedrooms, each designed with comfort in mind. The master suite comes with an ensuite bathroom, providing a private retreat within your home. An additional main bathroom serves the second bedroom and guests. - Attached Garage: Enjoy the convenience of an attached garage, perfect for protecting your vehicle from the elements or for additional storage space. - Ground-Level Walk-Out Basement: The ground-level walk-out basement offers a great opportunity for future expansion. While currently undeveloped, it presents a blank canvas for you to customize according to your needs—whether that be an additional living space, home office, or recreational area. - Lot: The property is situated on a beautiful lot that provides plenty of space for outdoor activities, gardening, or simply relaxing in your own private oasis. (id:56688)
Property Details
Listing ID: 27729208
Address: 8 Lawn Point Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N4Z4
Status: Active
Last updated: a month ago ( Dec 11, 2024 )
Year Built: 2024
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: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,008 square feet
Price per sq ft: $215
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.532752, -52.814543]
Rooms
| Main level | Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Living room Kitchen | 7.2x5.7 null 6.3x7.10 null 10.5x10.6 null 12.8x12.6 null 9.4x18 null 12.11x10.3 null |
Basic Calculator
First Mortgage: $343,920
Mortgage insurance premium: $0
Total Financing: $343,920
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,209 | $26,508 |
| Gross rental income (income/principal ratio) | 0.514% | 6.166% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $538 | $6,456 |
| Vacancy | $111 | $1,326 |
| Management Fee | $177 | $2,121 |
| Expense / Income Ratio | 24.35% | 24.35% |
| Cash Flow | $1,384 | $16,608 |
| Net Operating Income (NOI) | $1,384 | $16,608 |
| Capitalization Rate | 0.32% | 3.86% |
