About the property (MLS: 1281305):
WOW Owners downsizing This very well maintained ranch bungalow has unlimited potential with over 2000 sq ft on main floor including the garage it is situated on a quiet cul-de-sac in C.B.S. on a very large lot backed by a green belt. This property boasts 4 bedrooms and 2 plus 1/2 bathrooms ,family room, living and formal dining room as well as a eat-in kitchen all this on one level. Basement area is open space unfinished floor with few obstructions and drive in access with garage door. The beautiful rancher is certainly worth a view. As per Sellers Direction there will be NO CONVEYANCE OF ANY WRITTEN SIGNED OFFERS prior to 8:00pm on 02-02-2025 All offers to remain OPEN FOR ACCEPTANCE until 11:30am on03-02-2025 (id:56688)
Property Details
Listing ID: 27853349
Address: 34 Mercers Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4M5
Status: Active
Last updated: 15 days ago ( Jan 29, 2025 )
Year Built: 1981
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 3,208 square feet
Price per sq ft: $116
Tax Annual Amount: $2,340
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.527076, -52.947584]
Rooms
Basement | Other | 32.50 x 70.11 null |
Lower level | Foyer | 5.60 x 14.50 null |
Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Bedroom Bath (# pieces 1-6) Ensuite Primary Bedroom Family room Dining nook Kitchen Living room/Dining room | 4.10 x 8.20 null 5.10 x 11.50 null 10.11 x 15.30 null 9.00 x 11.30 null 10.20 x 11.30 null 4.11 x 10.20 null 4.10 x 4.11 null 10.11 x 14.10 null 12.60 x 14.40 null 8.60 x 11.00 null 7.10 x 11.70 null 11.50 x 23.8 null |
Basic Calculator
First Mortgage: $295,600
Mortgage insurance premium: $0
Total Financing: $295,600
Rough closing fee (1.5%): ~ $5,543
Total downpayment with estimated closing fee: $79,443
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,529 | $42,348 |
Gross rental income (income/principal ratio) | 0.955% | 11.461% |
Mortgage | $0 | $0 |
Monthly Expenses | $462 | $5,544 |
Vacancy | $177 | $2,118 |
Management Fee | $283 | $3,388 |
Expense / Income Ratio | 13.09% | 13.09% |
Cash Flow | $2,609 | $31,308 |
Net Operating Income (NOI) | $2,609 | $31,308 |
Capitalization Rate | 0.71% | 8.47% |