101 Munden Drive
Mount Pearl, NL, A1N2T2
4 Beds | 2 Baths
$299,900
About the property (MLS: 1281223):
Shows like new.. This home has undergone major upgrades recently. A must see. All new flooring.. New kitchen cabinets.. Roof done approximately 4 years ago. Vinyl windows. vinyl siding. Colonial doors. New light fixtures. Venmar air exchanger recently installed. Walking distance to St. Peters School and Newtown elementary. Just move in and unpack. All Measurements to be verified by purchaser.. (id:56688)
Property Details
MLS: 1281223
Listing ID: 27839682
Address: 101 Munden Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N2T2
Status: Active
Last updated: 14 days ago ( Jan 31, 2025 )
Year Built: 1953
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Fencing: Partially fenced
Living Area Total: 1,680 square feet
Price per sq ft: $179
Tax Annual Amount: $2,100
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.506422, -52.809411]
Listing ID: 27839682
Address: 101 Munden Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N2T2
Status: Active
Last updated: 14 days ago ( Jan 31, 2025 )
Year Built: 1953
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Fencing: Partially fenced
Living Area Total: 1,680 square feet
Price per sq ft: $179
Tax Annual Amount: $2,100
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.506422, -52.809411]
Rooms
| Basement | Storage Laundry room | 14 x 20 null 9 x 6.5 null |
| Lower level | Bath (# pieces 1-6) Bedroom Bedroom | 4.3 x 8.7 null 11 x 8 null 11 x 11.3 null |
| Second level | Bedroom Primary Bedroom | 12 x 8.6 null 11.6 x 11 null |
| Main level | Porch Kitchen Living room | 6 x 4 null 9.6 x 8.10 null 19.6 x 13 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,849 | $22,188 |
| Gross rental income (income/principal ratio) | 0.617% | 7.398% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $93 | $1,110 |
| Management Fee | $148 | $1,776 |
| Expense / Income Ratio | 20.28% | 20.28% |
| Cash Flow | $1,234 | $14,808 |
| Net Operating Income (NOI) | $1,234 | $14,808 |
| Capitalization Rate | 0.41% | 4.94% |
Capitalization Rate: 4.94%
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).): $428,429
