About the property (MLS: 1281055):
Welcome to 41 Moss Heather Drive, a charming single-family home with exceptional rental potential in a highly sought-after area of St. John’s. This well-maintained property is perfectly located just minutes from the Avalon Mall, Memorial University, and the Health Sciences Centre, making it ideal for students, professionals, or families. The home features beautiful hardwood flooring throughout the main living areas, adding a touch of warmth and elegance to the space. The bright and spacious layout offers a comfortable living environment with plenty of natural light. The basement provides excellent potential for development, including space to add a full bathroom, allowing for even more functionality. Conveniently located just steps from the bus stop, you'll have easy access to the Avalon Mall and its endless transit connections across the city. Whether you're commuting for work, school, or leisure, this property offers unparalleled convenience. Don’t miss your chance to own this fantastic home in a prime location—perfect for homeowners and investors alike. Schedule your private viewing today! (id:56688)
Property Details
Listing ID: 27853354
Address: 41 Moss Heather Drive, St. John's, Newfoundland & Labrador, Canada A1B4R9
Status: Active
Last updated: 4 days ago ( Feb 9, 2025 )
Year Built: 1997
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: Hardwood, Laminate, Carpeted
Fencing: Fence
Living Area Total: 1,710 square feet
Price per sq ft: $188
Tax Annual Amount: $2,252
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Carpeted
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.562111, -52.761212]
Rooms
Basement | Storage Recreation room Bedroom | 4X6 null 11.3X19.2 null 9.6X6.9 null |
Second level | Bedroom Bedroom Primary Bedroom | 9X11.7 null 11X9.9 null 12X11.6 null |
Main level | Porch Kitchen Living room | 5X5 null 12X18 null 16X11.6 null |
Basic Calculator
First Mortgage: $255,920
Mortgage insurance premium: $0
Total Financing: $255,920
Rough closing fee (1.5%): ~ $4,799
Total downpayment with estimated closing fee: $68,779
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,882 | $22,584 |
Gross rental income (income/principal ratio) | 0.588% | 7.060% |
Mortgage | $0 | $0 |
Monthly Expenses | $400 | $4,800 |
Vacancy | $95 | $1,130 |
Management Fee | $151 | $1,807 |
Expense / Income Ratio | 21.25% | 21.25% |
Cash Flow | $1,238 | $14,856 |
Net Operating Income (NOI) | $1,238 | $14,856 |
Capitalization Rate | 0.39% | 4.64% |