About the property (MLS: 1281199):
Well cared for 2 apt home on a quiet mature lot in Cowan Heights with many recent upgrades including professional painting, new flooring, vanities, light fixtures, plumbing fixtures, some new appliances, refinished white cabinetry and shingles replaced 3 years ago. The main floor is bright, spacious with a beautiful cathedral ceiling in the living room. The main unit offers 3 bedrooms, primary bedroom with ensuite and there is a spacious family room and laundry room on the lower level. The 2 bedroom basement has also been renovated and is ready for tenants. Fully fenced, landscaped, multiple decks and a 12 x 12 storage shed. Located near schools, walking trails, shopping and recreation. Offers are to be presented after 5 pm on Monday January 27th as per sellers direction. (id:56688)
Property Details
Listing ID: 27835422
Address: 23 Mansfield Crescent, St. John's, Newfoundland & Labrador, Canada A1E5E7
Status: Active
Last updated: 21 days ago ( Jan 23, 2025 )
Year Built: 1985
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 2,310 square feet
Price per sq ft: $167
Tax Annual Amount: $2,698
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Refrigerator, Central Vacuum, Dishwasher, Stove, Oven - Built-In
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.530715, -52.766941]
Rooms
Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 4 pcs 2 pcs 12.6 X 10 null 11.6 X 9.6 null 12.6 X 13.6 null 12.6 X 10.6 null 10.2 X 13 null 14.1 X 14.6 null |
Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Family room | 4 pcs 10 x 12'6 null 9'6 x 11'6 null 8'6 x 11 null 10'6 x 12 null 10'6 X 6'6 null 13'8 X 18 null |
Basic Calculator
First Mortgage: $308,000
Mortgage insurance premium: $0
Total Financing: $308,000
Rough closing fee (1.5%): ~ $5,775
Total downpayment with estimated closing fee: $82,775
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,541 | $30,492 |
Gross rental income (income/principal ratio) | 0.660% | 7.920% |
Mortgage | $0 | $0 |
Monthly Expenses | $482 | $5,784 |
Vacancy | $128 | $1,525 |
Management Fee | $204 | $2,440 |
Expense / Income Ratio | 18.97% | 18.97% |
Cash Flow | $1,729 | $20,748 |
Net Operating Income (NOI) | $1,729 | $20,748 |
Capitalization Rate | 0.45% | 5.39% |