About the property (MLS: 1281001):
welcome to 42 Hemmerjane Drive, Mount Pearl, a move-in ready 2-apartment located in the convenient area of Mount Carson. The Home has seen extensive renovations recently, with renovated kitchens in both the main and lower units, stainless steel appliances in the apartment, flooring, and paint. There are 3 well appointed bedrooms in the main unit, as well as a large rec-room or fourth bedroom with a half bath and laundry in the lower level. The basement unit features a kitchen/dining room combo with island featuring white carrara laminate countertops and separate laundry. The exterior of the home has ample parking, 2 large storage sheds, and room for outdoor activities. Call today to schedule your viewing! Sellers direction in place, offers to be submitted 6pm, January 21st, and responded to by 9pm, January 21st (id:56688)
Property Details
Listing ID: 27810654
Address: 42 Hemmerjane Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N4V6
Status: Active
Last updated: a month ago ( Jan 16, 2025 )
Year Built: 1993
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Fencing: Fence
Living Area Total: 1,826 square feet
Price per sq ft: $192
Tax Annual Amount: $3,480
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Ceramic Tile
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.525933, -52.809359]
Rooms
Lower level | Foyer Bath (# pieces 1-6) Not known Not known Not known | 14ftx4.4ft null 7ftx6.5ft null 12ftx9ft null 6.2ftx6ft null 18.6ftx10.7ft null |
Third level | Bath (# pieces 1-6) Recreation room | 11.5ftx4.7ft null 16.3ftx18.6ft null |
Second level | Bedroom Bedroom Bath (# pieces 1-6) Primary Bedroom | 8.2ftx12.1ft null 8.1ftx12.1ft null 8ftx4.8ft null 11.7ftx10.5ft null |
Main level | Foyer Living room/Fireplace Not known | 11ftx12ft null 12.7ftx15.7ft null 19.8ftx10.7ft null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,009 | $24,108 |
Gross rental income (income/principal ratio) | 0.574% | 6.890% |
Mortgage | $0 | $0 |
Monthly Expenses | $438 | $5,256 |
Vacancy | $101 | $1,206 |
Management Fee | $161 | $1,929 |
Expense / Income Ratio | 21.80% | 21.80% |
Cash Flow | $1,310 | $15,720 |
Net Operating Income (NOI) | $1,310 | $15,720 |
Capitalization Rate | 0.37% | 4.49% |