136 Brookfield Road
St. John's, NL, A1E3V5
3 Beds | 1 Bath
$175,000
About the property (MLS: 1280999):
ATTENTION CONTRACTORS AND INVESTORS - Prime flip opportunity with 136 Brookfield Road. This property presents a prime flip opportunity for the savvy investor to see its potential! Situated in the west end of St. John's, this 3 bedroom, one bath, bungalow is a stone's throw from Bowring Park, Lester's Farm, the popular T'Railway walking and biking trail, and plenty of city amenities. Vacant for some time, this property is being sold as is, and is waiting for you to unlock its potential and see it shine once more! The property is on municipal services and exterior is in great shape - the perfect winter project!! (id:56688)
Property Details
Listing ID: 27820783
Address: 136 Brookfield Road, St. John's, Newfoundland & Labrador, Canada A1E3V5
Status: Active
Last updated: 4 days ago ( Feb 10, 2025 )
Year Built: 1958
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: No heat
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,200 square feet
Price per sq ft: $146
Tax Annual Amount: $1,467
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: No heat
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.523009, -52.762907]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 4PC null 9x9 null 9x9 null 10x10 null 10x10 null 12x12 null |
Basic Calculator
First Mortgage: $140,000
Mortgage insurance premium: $0
Total Financing: $140,000
Rough closing fee (1.5%): ~ $2,625
Total downpayment with estimated closing fee: $37,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,320 | $15,840 |
| Gross rental income (income/principal ratio) | 0.754% | 9.051% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $219 | $2,628 |
| Vacancy | $66 | $792 |
| Management Fee | $106 | $1,268 |
| Expense / Income Ratio | 16.59% | 16.59% |
| Cash Flow | $930 | $11,160 |
| Net Operating Income (NOI) | $930 | $11,160 |
| Capitalization Rate | 0.53% | 6.38% |
