About the property (MLS: 1280499):
Welcome to 65 Sugar Pine Crescent located in the sought after Southlands subdivision. This well cared for two apartment home is situated on a corner lot offering the convenience of separate paved driveways plus there's a 12' x 20' detached garage. Upon entering, you are greeted by a spacious foyer with hardwood stairs leading to an open-concept living space, kitchen and dining with large windows allowing an abundance of natural light. The main floor includes three bedrooms, with the primary bedroom offering an ensuite and walk-in closet. Additional living space is provided with a lower-level family room, storage, and a laundry room.. The apartment is bright and spacious, featuring two bedrooms a covered well and its own driveway. The property is surrounded by walking trails, playgrounds, recreation facilities and offers quick access to highways and major shopping centers. A great opportunity to own this charming home in one of the newest phases of the Southlands subdivision. No conveyance of offers as per sellers direction until 1pm on January 7th. (id:56688)
Property Details
Listing ID: 27760743
Address: 65 Sugar Pine Crescent, St. John's, Newfoundland & Labrador, Canada A1H0K8
Status: Active
Last updated: a month ago ( Jan 2, 2025 )
Year Built: 2016
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,570 square feet
Price per sq ft: $199
Tax Annual Amount: $3,719
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.494017, -52.825586]
Rooms
Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Family room | 4pcs 9'11 x 10'1 null 9'11 x 11'5 null 13'1 x 10'1 null 10 x 13 null 7'3 x 8'2 null 9'8 x 12'2 null |
Main level | Ensuite Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Dining nook Kitchen Living room | 4pcs 4pcs 14'2 x 12 null 9'11 x 12 null 8'6 x 10 null 10' x 8' null 10'10 x 14'4 null 12'6 x 14'5 null |
Basic Calculator
First Mortgage: $407,920
Mortgage insurance premium: $0
Total Financing: $407,920
Rough closing fee (1.5%): ~ $7,649
Total downpayment with estimated closing fee: $109,629
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,828 | $33,936 |
Gross rental income (income/principal ratio) | 0.555% | 6.655% |
Mortgage | $0 | $0 |
Monthly Expenses | $638 | $7,656 |
Vacancy | $142 | $1,697 |
Management Fee | $227 | $2,715 |
Expense / Income Ratio | 22.56% | 22.56% |
Cash Flow | $1,823 | $21,876 |
Net Operating Income (NOI) | $1,823 | $21,876 |
Capitalization Rate | 0.36% | 4.29% |