48 Otter Drive
St. John's, NL, A1A0B3
3 Beds | 3 Baths
$349,000
About the property (MLS: 1280645):
Welcome to 48 Otter Drive, nestled in the highly desirable neighborhood of Airport Heights. This beautifully maintained, detached two-story home is the perfect fit for first-time buyers or anyone seeking to relocate to a friendly, vibrant community. As you enter, you’ll be greeted by a spacious and inviting layout. The cozy living room is perfectly positioned off the entry, creating a private, comfortable retreat. The modern, open-concept kitchen and dining area flow seamlessly, offering the ideal space for both everyday living and entertaining, as well as a convenient half bath. Upstairs, the main bathroom serves the two secondary bedrooms, while the large primary bedroom features a walk-in closet and a private ensuite for your comfort and convenience. The fully developed basement provides a large rec room — perfect for family movie nights or additional living space. There’s also a laundry area and an oversized storage room, providing plenty of space for organization and belongings. The backyard features rear access and is fully landscaped, level, and well-maintained, offering ample space for outdoor activities. Plus, a bonus 8x10 shed, built in 2021, provides extra storage capacity. With over 2000 square feet of living space, including 3 bedrooms and 2.5 bathrooms, this home is move-in ready and waiting for you to make it your own. Don’t miss your chance to call 48 Otter Drive home in this fantastic neighborhood! As per seller direction there will be no conveyance of offers before 8pm Friday January 10th, all offers to be responded to by 10pm and all offers should be left open until that time. (id:56688)
Property Details
Listing ID: 27774305
Address: 48 Otter Drive, St. John's, Newfoundland & Labrador, Canada A1A0B3
Status: Active
Last updated: 10 days ago ( Jan 8, 2025 )
Year Built: 2009
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 2,029 square feet
Price per sq ft: $173
Tax Annual Amount: $2,728
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.602109, -52.74883]
Rooms
| Basement | Storage Utility room Family room | 20.10 x 10.9 null 9.6 x 7.6 null 20.10 x 12.11 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4 pcs 8.11 x 10.8 null 11.6 x 10.9 null 3 pcs 13.10 x 12.11 null |
| Main level | Bath (# pieces 1-6) Family room Dining nook Kitchen Living room Porch | 2 pcs 11.1 x 10.9 null 9.8 x 9.4 null 9.5 x 11.0 null 15.7 x 13.4 null 4.11 x 7.2 null |
Basic Calculator
First Mortgage: $279,200
Mortgage insurance premium: $0
Total Financing: $279,200
Rough closing fee (1.5%): ~ $5,235
Total downpayment with estimated closing fee: $75,035
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,232 | $26,784 |
| Gross rental income (income/principal ratio) | 0.640% | 7.674% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $437 | $5,244 |
| Vacancy | $112 | $1,340 |
| Management Fee | $179 | $2,143 |
| Expense / Income Ratio | 19.58% | 19.58% |
| Cash Flow | $1,505 | $18,060 |
| Net Operating Income (NOI) | $1,505 | $18,060 |
| Capitalization Rate | 0.43% | 5.17% |
