37 Pattys Arm Road
Conception Bay South, NL, A1X7B1
3 Beds | 2 Baths
$155,000
About the property (MLS: 1280360):
In Sunny CBS, partial views of the Bay and across from the ocean, this bungalow with an in-law suite has awesome potential! The home has 3-bedrooms, 2-bathrooms and lots of storage options in basement. The basement has a kitchen area and a couple more finished rooms as well as a bathroom. With mature trees for privacy, the outdoor space provides you with evenings relaxing or entertaining on the front deck! Being so close to the ocean, you can enjoy endless days kayaking, paddle boarding or just bird watching! From this location, you are close to restaurants, grocery stores and allows for quick access to the bypass highway making you minutes to Costco, Galway Shoppes and Mt. Pearl! You will also be steps from accessing the CBS T’ Railway for hiking, walking and biking! (id:56688)
Property Details
Listing ID: 27742106
Address: 37 Pattys Arm Road, Conception Bay South, Newfoundland & Labrador, Canada A1X7B1
Status: Active
Last updated: 10 days ago ( Jan 9, 2025 )
Year Built: 1979
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Forced air, Oil, Wood, Other
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,402 square feet
Price per sq ft: $65
Tax Annual Amount: $1,748
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Forced air, Oil, Wood, Other
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.512724, -52.97564]
Rooms
| Main level | Bedroom Bedroom Bedroom Dining nook Kitchen Living room | 14x11.7 null 14.3x11.6 null 11.4x12.3 null 14x9 null 12.2x14 null 14.2x19.4 null |
Basic Calculator
First Mortgage: $124,000
Mortgage insurance premium: $0
Total Financing: $124,000
Rough closing fee (1.5%): ~ $2,325
Total downpayment with estimated closing fee: $33,325
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,643 | $31,716 |
| Gross rental income (income/principal ratio) | 1.705% | 20.462% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $194 | $2,328 |
| Vacancy | $133 | $1,586 |
| Management Fee | $212 | $2,538 |
| Expense / Income Ratio | 7.34% | 7.34% |
| Cash Flow | $2,106 | $25,272 |
| Net Operating Income (NOI) | $2,106 | $25,272 |
| Capitalization Rate | 1.36% | 16.30% |
