About the property (MLS: 1280844):
If you've been looking for a well maintained, affordable home in downtown St. John's, this is the one for you! The main floor features a spacious living room with electric fireplace. You will also find a large eat-in kitchen with plenty of cupboard space, leading to a large mudroom with laundry and a conveniently located 2 piece bathroom. On the second floor you'll find a large bright full bathroom and 3 great sized, bright bedrooms with plenty of closet space. There is plenty of storage space with a 14'x30' dry storage space in the basement of the home. This sweet home also has a brand new torch-on roof (Dec 2024) so the roof won't be a concern for many many years to come. The location is unbeatable, within walking distance of restaurants, entertainment, shopping, and everything else that downtown St. John's has to offer. (id:56688)
Property Details
Listing ID: 27795976
Address: 3 Gilbert Street, St. John's, Newfoundland & Labrador, Canada A1C1X3
Status: Active
Last updated: a month ago ( Jan 14, 2025 )
Year Built: 1950
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: Forced air, Oil, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,200 square feet
Price per sq ft: $221
Tax Annual Amount: $1,396
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Forced air, Oil, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.55865, -52.71643]
Rooms
Basement | Storage | 14 x 30 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4pc 12.5 x 9 null 9.5 x 8.5 null 12.5 x 9 null |
Main level | Bath (# pieces 1-6) Laundry room Not known Family room | 2pc 15 x 11 null 14 x 12 null 17 x 10 null |
Basic Calculator
First Mortgage: $211,920
Mortgage insurance premium: $0
Total Financing: $211,920
Rough closing fee (1.5%): ~ $3,974
Total downpayment with estimated closing fee: $56,954
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,320 | $15,840 |
Gross rental income (income/principal ratio) | 0.498% | 5.980% |
Mortgage | $0 | $0 |
Monthly Expenses | $332 | $3,984 |
Vacancy | $66 | $792 |
Management Fee | $106 | $1,268 |
Expense / Income Ratio | 25.15% | 25.15% |
Cash Flow | $817 | $9,804 |
Net Operating Income (NOI) | $817 | $9,804 |
Capitalization Rate | 0.31% | 3.70% |