78 Cabot Street
St. John's, NL, A1C1Z6
5 Beds | 2 Baths
$200,000
About the property (MLS: 1280250):
Centrally located in the heart of St John's, this property is just a short walk from all amenities, such as the local grocery store, Mary Brown's Center, George Street, restaurants and entertainment. This 5 bedroom, semi-detached two story home is perfect for the handy-man and first time home buyers. With a little TLC this house can be returned to it original character. Inside the home, the living-room is filled with large windows, letting the light in. The kitchen and dinning room are on the main with a rear bedroom and sitting area and the original staircase takes you to 4 bedrooms upstairs! The home has side access to the backyard which is a large and flat, with a little fence repair and green thumb will be a great place to spend the evening. This house is in need of some updates and being sold "as is". (id:56688)
Property Details
Listing ID: 27733448
Address: 78 Cabot Street, St. John's, Newfoundland & Labrador, Canada A1C1Z6
Status: Active
Last updated: a month ago ( Dec 12, 2024 )
Year Built: 1930
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Mixed Flooring
Living Area Total: 1,978 square feet
Price per sq ft: $102
Tax Annual Amount: $1,990
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.561847, -52.71554]
Rooms
| Second level | Bedroom Bedroom Bedroom Bedroom Not known Bath (# pieces 1-6) | 16x'10 null 17'x13' null 13'x12' null 13'x10' null 9'3x9'3"" null 3PC null |
| Main level | Bedroom Dining room Bath (# pieces 1-6) Laundry room Dining nook Living room Kitchen Porch | 10'7""x15'5"" null 9'5""x12'2"" null 3PC/2 rooms null 9'3""x6'9"" null 6'7""x8' null 11'6""x16'5"" null 11'67""x15'5"" null 3'8""x5'7"" null |
Basic Calculator
First Mortgage: $160,000
Mortgage insurance premium: $0
Total Financing: $160,000
Rough closing fee (1.5%): ~ $3,000
Total downpayment with estimated closing fee: $43,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,176 | $26,112 |
| Gross rental income (income/principal ratio) | 1.088% | 13.056% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $109 | $1,306 |
| Management Fee | $175 | $2,089 |
| Expense / Income Ratio | 11.49% | 11.49% |
| Cash Flow | $1,644 | $19,728 |
| Net Operating Income (NOI) | $1,644 | $19,728 |
| Capitalization Rate | 0.82% | 9.86% |
