6 Pike Place
Mount Pearl, NL, A1N2K9
3 Beds | 2 Baths
$320,000
About the property (MLS: 1280758):
Located in a peaceful cul-de-sac, 6 Pike Place in Mount Pearl offers the perfect setting for family living. The main level features a bright and spacious living room with hardwood floors that flows into a dining room through charming French doors. The eat-in kitchen, with ceramic floors and spacious cabinetry provides convenient access to a 12x12 deck, overlooking an expansive backyard complete with a 10x18 storage shed—ideal for outdoor activities and storage needs. This floor also includes three well-sized bedrooms and a 4-piece bathroom. The fully developed basement expands your living space with a large laundry room, a versatile rec room equipped with a wet bar, a bonus room, an additional family room, and another 4-piece bathroom. Conveniently located just a two-minute walk from Newtown Elementary and St. Peter's Junior High, this home is perfectly situated for families seeking both space and proximity to schools. As per sellers direction there will be no conveyance of offers prior to 2pm on January 12. All offers to be left open until 7pm on January the 12th. (id:56688)
Property Details
Listing ID: 27787505
Address: 6 Pike Place, Mount Pearl, Newfoundland & Labrador, Canada A1N2K9
Status: Active
Last updated: 9 days ago ( Jan 10, 2025 )
Year Built: 1975
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 2,040 square feet
Price per sq ft: $157
Tax Annual Amount: $2,297
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher, Wet Bar
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Propane
Flooring: Hardwood, Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.506559, -52.808527]
Rooms
| Basement | Bath (# pieces 1-6) Family room Recreation room Not known Laundry room | 4pc 12x22 null 11x31 null 14x8 null 5'11x14 null |
| Main level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Dining room Not known Living room | 4pc 13x13 null 9'11x10'5 null 10x13 null 8x10 null 10.6x13 null 15'9x16 null |
Basic Calculator
First Mortgage: $256,000
Mortgage insurance premium: $0
Total Financing: $256,000
Rough closing fee (1.5%): ~ $4,800
Total downpayment with estimated closing fee: $68,800
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,244 | $26,928 |
| Gross rental income (income/principal ratio) | 0.701% | 8.415% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $400 | $4,800 |
| Vacancy | $113 | $1,347 |
| Management Fee | $180 | $2,155 |
| Expense / Income Ratio | 17.83% | 17.83% |
| Cash Flow | $1,553 | $18,636 |
| Net Operating Income (NOI) | $1,553 | $18,636 |
| Capitalization Rate | 0.49% | 5.82% |
