12 Jubilee Place
Mt. Pearl, NL, A1N2X2
3 Beds | 1 Bath
$279,900
About the property (MLS: 1280416):
3 BR duplex on a child-safe Cul-de-sac in Mt. Pearl. The modernized decor shows really nicely with a great kitchen and living area and three family sized bedrooms upstairs. Nothing to do - Move right in. Shows very well.Full opened basement ready for a family room. Vacant and ready to occupy. Stainless steel appliances and built-in dishwasher. (id:56688)
Property Details
MLS: 1280416
Listing ID: 27759694
Address: 12 Jubilee Place, Mt. Pearl, Newfoundland & Labrador, Canada A1N2X2
Status: Active
Last updated: 17 days ago ( Jan 2, 2025 )
Year Built: 1978
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 1,620 square feet
Price per sq ft: $173
Tax Annual Amount: $1,323
Garage? Yes
Attached Garage? No
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [47.518506, -52.792319]
Listing ID: 27759694
Address: 12 Jubilee Place, Mt. Pearl, Newfoundland & Labrador, Canada A1N2X2
Status: Active
Last updated: 17 days ago ( Jan 2, 2025 )
Year Built: 1978
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 1,620 square feet
Price per sq ft: $173
Tax Annual Amount: $1,323
Garage? Yes
Attached Garage? No
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [47.518506, -52.792319]
Rooms
| Basement | Storage Laundry room | 15 x 18 null 12-9 x 7-9 null |
| Second level | Bedroom Bedroom Primary Bedroom | 11 x 8-2 null 11-4 x 8-6 null 11-6 x 10 null |
| Main level | Kitchen Living room | 10 x 8'6 null 16-6 x 11-7 null |
Basic Calculator
First Mortgage: $223,920
Mortgage insurance premium: $0
Total Financing: $223,920
Rough closing fee (1.5%): ~ $4,199
Total downpayment with estimated closing fee: $60,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,783 | $21,396 |
| Gross rental income (income/principal ratio) | 0.637% | 7.644% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $350 | $4,200 |
| Vacancy | $90 | $1,070 |
| Management Fee | $143 | $1,712 |
| Expense / Income Ratio | 19.63% | 19.63% |
| Cash Flow | $1,202 | $14,424 |
| Net Operating Income (NOI) | $1,202 | $14,424 |
| Capitalization Rate | 0.43% | 5.15% |
Capitalization Rate: 5.15%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $399,858
