About the property (MLS: 1280691):
This 2 bedroom home is located on Blackhead Road and looking for new owners. The main floor has an eat in kitchen, 2 bedrooms, living room, 4 piece bathroom and a porch. There is a door located off the kitchen to a large patio that would be great for those summer BBQ's. There is a room developed in the basement that would make a great office or a third bedroom for the teenager who need or want their own space. There is also a large rooms that would make an ideal rec room when it is completed. Lots of room in the back garden and an area that is fenced and great for the animals to run and play. There is also a pad already poured if someone is looking to build an outbuilding. This home required some work like painting, flooring and any upgrades you may want to do but there is no doubt that this home has lots of potential. (id:56688)
Property Details
Listing ID: 27777475
Address: 1214 Blackhead Road, St. John's, Newfoundland & Labrador, Canada A1C5H2
Status: Active
Last updated: 10 days ago ( Jan 8, 2025 )
Year Built: 1995
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 803
1/2 Baths: 802
Heating: Baseboard heaters, Electric
Sewer: Septic tank
Flooring: Hardwood, Laminate
Living Area Total: 1,592 square feet
Price per sq ft: $125
Tax Annual Amount: $1,323
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Well
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.511119, -52.673647]
Rooms
Basement | Office | 12.10 x 9 null |
Main level | Porch Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | 4.4 x 5.4 null 7.4 x 5.5 null 8.11 x 11.11 null 9.9 x 11.3 null 10.10 x 13.2 null 9.9 x 17.10 null |
Basic Calculator
First Mortgage: $158,400
Mortgage insurance premium: $0
Total Financing: $158,400
Rough closing fee (1.5%): ~ $2,970
Total downpayment with estimated closing fee: $42,570
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,752 | $21,024 |
Gross rental income (income/principal ratio) | 0.885% | 10.618% |
Mortgage | $0 | $0 |
Monthly Expenses | $248 | $2,976 |
Vacancy | $88 | $1,052 |
Management Fee | $141 | $1,682 |
Expense / Income Ratio | 14.16% | 14.16% |
Cash Flow | $1,277 | $15,324 |
Net Operating Income (NOI) | $1,277 | $15,324 |
Capitalization Rate | 0.64% | 7.74% |