33 Meadowbrook Drive
St. John's, NL, A1S1E7
2 Beds | 1 Bath
$149,900
About the property (MLS: 1280515):
Effectively new ! This home has been completely rebuilt , new roof trusses, singles, siding , windows and doors. Insulated roof and walls. New electrical, plumbing , drywall . Exterior walls are new 2x4 framing, foundation is skirted with a high quality composite sheathing . New appliances , new bathroom . Lot is large and is backing on a peaceful river . New private patio deck and new double paved driveway. A delightful cozy home ! Land is leasehold at 300 per month rent. (id:56688)
Property Details
MLS: 1280515
Listing ID: 27768783
Address: 33 Meadowbrook Drive, St. John's, Newfoundland & Labrador, Canada A1S1E7
Status: Active
Last updated: 12 days ago ( Jan 6, 2025 )
Year Built: 1972
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Leasehold
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 720 square feet
Price per sq ft: $209
Tax Annual Amount: $1,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Leasehold
Number of photos available: 18
Rurl
Coordinates: [47.455265, -52.768904]
Listing ID: 27768783
Address: 33 Meadowbrook Drive, St. John's, Newfoundland & Labrador, Canada A1S1E7
Status: Active
Last updated: 12 days ago ( Jan 6, 2025 )
Year Built: 1972
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Leasehold
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 720 square feet
Price per sq ft: $209
Tax Annual Amount: $1,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Leasehold
Number of photos available: 18
Rurl
Coordinates: [47.455265, -52.768904]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Not known | 4x6 null full 4 piece null 10x12 null 8x9 null 12x16 null 12x12 null |
Basic Calculator
First Mortgage: $119,920
Mortgage insurance premium: $0
Total Financing: $119,920
Rough closing fee (1.5%): ~ $2,249
Total downpayment with estimated closing fee: $32,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $793 | $9,516 |
| Gross rental income (income/principal ratio) | 0.529% | 6.348% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $188 | $2,256 |
| Vacancy | $40 | $476 |
| Management Fee | $64 | $762 |
| Expense / Income Ratio | 23.71% | 23.71% |
| Cash Flow | $502 | $6,024 |
| Net Operating Income (NOI) | $502 | $6,024 |
| Capitalization Rate | 0.33% | 4.02% |
Capitalization Rate: 4.02%
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).): $214,143
