About the property (MLS: 1281263):
DOWNTOWN DIAMOND. This 2 storey home on McKay Street with fully developed basement has been rebuilt from the studs out. The main floor has 9ft ceilings with an open concept large living room and modern white kitchen with new stainless steel appliances. The roomy separate dining area is perfect for any kind of gathering; off the dining room you will find the newly built patio deck that opens to the rear fully landscaped yard with privacy fencing. The second floor has two bedrooms and spacious main bathroom. The large primary has a walk in closet. The fully developed basement has a den or home office, a large family/games room and storage room. Once you walk through the front door you will fall in love with the design and quality. The home also has all new siding, windows and doors. All work on plumbing and electrical has been completed by licensed professionals and inspected by the City of St. John’s. (id:56688)
Property Details
Listing ID: 27853391
Address: 25 McKay Street, St.John's, Newfoundland & Labrador, Canada A1E1P3
Status: Active
Last updated: 11 days ago ( Feb 3, 2025 )
Year Built: 1937
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Fencing: Fence
Living Area Total: 1,705 square feet
Price per sq ft: $206
Tax Annual Amount: $1,383
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.548826, -52.724454]
Rooms
Basement | Storage Recreation room Den | 18x11.5 null 11.4x15 null 12x10 null |
Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom | 4pcs 11.7x10 null 18.2x11.3 null |
Main level | Porch Dining room Kitchen Living room | 5.5x5.2 null 12x10.3 null 12x18.4 null 18.3x11.5 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,876 | $22,512 |
Gross rental income (income/principal ratio) | 0.536% | 6.434% |
Mortgage | $0 | $0 |
Monthly Expenses | $438 | $5,256 |
Vacancy | $94 | $1,126 |
Management Fee | $151 | $1,801 |
Expense / Income Ratio | 23.35% | 23.35% |
Cash Flow | $1,195 | $14,340 |
Net Operating Income (NOI) | $1,195 | $14,340 |
Capitalization Rate | 0.34% | 4.10% |