About the property (MLS: 1280426):
Situated on the Ocean's Edge, you'll instantly fall in love with this spectacular executive home. As you step into the grand foyer, you are greeted by a stylish hardwood stair case, 16 foot ceilings and a convenient walk-in closet for outerwear. Straight ahead, you'll catch your first glimpse of Conception Bay through the expansive 16 foot high nook of windows designed to provide uninterrupted views of the wide blue ocean, spectacular sunrises / sunsets, and all of the natural glory that comes with living on an oceanside estate. The main floor features a chef-inspired kitchen (with in-floor heat), open living room with propane fireplace, powder room, main floor laundry, office (with patio access) and a main floor bedroom. The two upstairs bedrooms each have private ocean-side decks. The primary suite includes a walk-in closet and a large 5 piece ensuite with in-floor heat. The basement level offers plenty of recreational space, an area that could work as a games / media room, an octagonal wine cellar, tons of storage space, and rough-in for an extra bathroom. Upgrades in recent years include: 5 patio doors (2020); shingles (2018); kitchen, appliances, HRV, exterior lighting & exterior paint in 2021; composite decking (2022). The double in-house garage has interior access to the main floor and the basement. Bayside swim spa / hot tub included. Red Sky Estates is a peaceful & upscale neighbourhood only 20 minutes from downtown St. John's. Shopping, medical offices, personal services & amenities are all close by. French Immersion offered at nearby local schools. (All measurements should be considered approximate and to be verified by Purchasers, E&O excepted). (id:56688)
Property Details
Listing ID: 27745236
Address: 29 Red Sky Estates, Conception Bay South, Newfoundland & Labrador, Canada A1W0A1
Status: Active
Last updated: a month ago ( Dec 18, 2024 )
Year Built: 2006
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 3,444 square feet
Price per sq ft: $196
Tax Annual Amount: $4,260
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Dishwasher, See remarks
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.540035, -52.937201]
Rooms
Basement | Fruit cellar Other Storage Storage Storage Storage Family room Family room | 7' X 7' null 10' X 5'5"" null 8'6"" X 3'10"" null 14'10"" X 8'5"" null 8' X 8'5"" null 6'6"" X 16' null 16' X 16' null 20' X 20'2"" null |
Second level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom | 4 PC null 11' X 10'10"" null 5 PC null 12'9"" X 15'10"" null |
Main level | Other Bath (# pieces 1-6) Bedroom Office Living room Dining nook Kitchen Foyer | 6' X 3'5"" null 2 PC null 14'3"" X 12'5"" null 9'2"" X 13' null 23' X 16'5"" null 11'8"" x 10'10"" null 15'10"" x 10'5"" null 9' x 16'5"" null |
Basic Calculator
First Mortgage: $540,000
Mortgage insurance premium: $0
Total Financing: $540,000
Rough closing fee (1.5%): ~ $10,125
Total downpayment with estimated closing fee: $145,125
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,789 | $45,468 |
Gross rental income (income/principal ratio) | 0.561% | 6.736% |
Mortgage | $0 | $0 |
Monthly Expenses | $844 | $10,128 |
Vacancy | $190 | $2,274 |
Management Fee | $304 | $3,638 |
Expense / Income Ratio | 22.28% | 22.28% |
Cash Flow | $2,453 | $29,436 |
Net Operating Income (NOI) | $2,453 | $29,436 |
Capitalization Rate | 0.36% | 4.36% |