About the property (MLS: 1280809):
Looking for a cozy, well maintained centre City home? Walking distance to Memorial University, The Taxation Centre and Health Sciences Centre! This 3 bedroom bungalow has been meticulously maintained over the 70+ years the Vendor has lived there. The fully fenced front and backyard has numerous perennials, a gardeners dream! The back yard is treed with privacy galore. And a bonus…. Off street parking for three vehicles. At this price this will be sold quickly! With a mortgage payment at approx. $1300.00 a month….. much cheaper than renting! Reach out for details. Act quickly! (id:56688)
Property Details
Listing ID: 27789462
Address: 28 Monchy Street, St. John’s, Newfoundland & Labrador, Canada A1C5A8
Status: Active
Last updated: 6 days ago ( Jan 12, 2025 )
Year Built: 1940
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Mixed Flooring
Living Area Total: 1,610 square feet
Price per sq ft: $150
Tax Annual Amount: $2,140
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Hardwood, Carpeted, Mixed Flooring
Exterior Features: Aluminum siding
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.564671, -52.73014]
Rooms
Basement | Bath (# pieces 1-6) Storage Recreation room | 21 x 13 null |
Main level | Bath (# pieces 1-6) Porch Dining room Kitchen Bedroom Primary Bedroom Bedroom | 4 x7.6 null 11 x 9.6 null 9 x 5.5 null 11.6 x 8 null 11 x 9 null 9.7 x 9 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,772 | $21,264 |
Gross rental income (income/principal ratio) | 0.739% | 8.864% |
Mortgage | $0 | $0 |
Monthly Expenses | $300 | $3,600 |
Vacancy | $89 | $1,064 |
Management Fee | $142 | $1,702 |
Expense / Income Ratio | 16.93% | 16.93% |
Cash Flow | $1,242 | $14,904 |
Net Operating Income (NOI) | $1,242 | $14,904 |
Capitalization Rate | 0.52% | 6.21% |