16 Spruce Hill Place
Conception Bay South, NL, A1W5W5
3 Beds | 3 Baths
$500,000
About the property (MLS: 1280657):
Welcome to 16 Spruce Hill Estates. A beautiful 1.5 storey home in sought after Topsail, in Conception Bay South. This home is stunning from the moment you walk in the front door. Be prepared to be taken back by the wide open porch area, spiral staircase and large brick wood burning fireplace in the front family room. The main floor boasts a family room, formal dining room, kitchen and eating area, large living room and a mudroom with laundry and a half bathroom. The second floor has three large bedrooms, a main bathroom and an en-suite off of the primary bedroom. The basement comes unfinished with plenty of room for storage and future development. This home sits on a half acre lot surrounded by trees and tranquility in the back. Several renovations have been done over the last five years including a new roof, siding, windows, doors and the main bathroom completely redone. (id:56688)
Property Details
Listing ID: 27778220
Address: 16 Spruce Hill Place, Conception Bay South, Newfoundland & Labrador, Canada A1W5W5
Status: Active
Last updated: 10 days ago ( Jan 8, 2025 )
Year Built: 1986
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1.5
Number of Levels: 1.5
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Oil
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 2,613 square feet
Price per sq ft: $192
Tax Annual Amount: $3,500
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.52957, -52.933592]
Rooms
| Second level | Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom | 12.4 x 8.00 null 3PC null 18.7 x 13.1 null 11.4 x 10.6 null 12.11 x 10.8 null |
| Main level | Bath (# pieces 1-6) Mud room Kitchen Eating area Living room Porch Dining room Family room/Fireplace | 1/2 null 6.3 x 18.7 null 11.4 x 8.2 null 10.4 x 6.9 null 18.5 x 12.6 null 11.2 x 14.11 null 12.4 x 13.4 null 19.4 x 15.1 null |
Basic Calculator
First Mortgage: $400,000
Mortgage insurance premium: $0
Total Financing: $400,000
Rough closing fee (1.5%): ~ $7,500
Total downpayment with estimated closing fee: $107,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,875 | $34,500 |
| Gross rental income (income/principal ratio) | 0.575% | 6.900% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $144 | $1,725 |
| Management Fee | $230 | $2,760 |
| Expense / Income Ratio | 21.74% | 21.74% |
| Cash Flow | $1,877 | $22,524 |
| Net Operating Income (NOI) | $1,877 | $22,524 |
| Capitalization Rate | 0.38% | 4.50% |
