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TelephoneEmail28 Monchy Street, St. John’s, Newfoundland & Labrador, Canada A1C5A8

28 Monchy Street

St. John’s, NL, A1C5A8

location

3 Beds | 2 Baths

$239,900

28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
28 Monchy Street St. John’s Newfoundland & Labrador Canada A1C5A8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1280809
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio16.93%16.93%
Cash Flow$1,242$14,904
Net Operating Income (NOI)$1,242$14,904
Capitalization Rate0.52%6.21%
Capitalization Rate: 6.21%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $342,715