28 Feild Street
St. John's, NL, A1C4J2
3 Beds | 2 Baths
$120,000
About the property (MLS: 1280361):
28 Feild Street offers incredible potential for the right buyer with a vision! Located in the vibrant and historic downtown area of St. John's, this property is brimming with character and charm, just waiting to be restored to its former glory. Location, Location, Location! Situated in the heart of downtown St. John’s, you'll be close to all the amenities, shops, restaurants, and cultural attractions that make this area so desirable. Despite the work required, this home’s prime location and historical charm make it an ideal project for those looking to invest in downtown St. John’s. With a bit of creativity and elbow grease, this fixer-upper could become a stunning residence or a lucrative rental property. Lots of possibilities! (id:56688)
Property Details
Listing ID: 27746726
Address: 28 Feild Street, St. John's, Newfoundland & Labrador, Canada A1C4J2
Status: Active
Last updated: a month ago ( Dec 19, 2024 )
Year Built: 1960
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,000 square feet
Price per sq ft: $120
Tax Annual Amount: $808
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.564749, -52.716797]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 6.7X7 null 9.3X10.4 null 9.3X10.4 null 9.4X17.5 null |
| Main level | Kitchen Bath (# pieces 1-6) Living room/Fireplace | 17.3X9.6 null 10.5x9.2 null 11.2x7.8 null |
Basic Calculator
First Mortgage: $96,000
Mortgage insurance premium: $0
Total Financing: $96,000
Rough closing fee (1.5%): ~ $1,800
Total downpayment with estimated closing fee: $25,800
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,100 | $13,200 |
| Gross rental income (income/principal ratio) | 0.917% | 11.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $150 | $1,800 |
| Vacancy | $55 | $660 |
| Management Fee | $88 | $1,056 |
| Expense / Income Ratio | 13.64% | 13.64% |
| Cash Flow | $807 | $9,684 |
| Net Operating Income (NOI) | $807 | $9,684 |
| Capitalization Rate | 0.67% | 8.07% |
