About the property (MLS: 1281289):
Welcome to 18 Norma's Ave. Located on a mature lot on a quiet street in mount pearl, this 4 bedroom side split home features beautiful vaulted ceilings and a tastefully decorated, unique, main floor layout. The upstairs includes the main bathroom and 3 bedrooms with a walk in closet in the principal suit. Downstairs has 1 smaller bedroom, a bonus room, perfect for a home office or playroom, a cozy rec room, full bathroom and large laundry room. There is also a large concrete floor crawl space under the main floor, with 4 ft ceilings and access through the lower level making it a perfect place for storage. The backyard is a pet lover, and entertainers dream. With mature trees for privacy and a fenced in backyard, there is also a detached wired garage with a storage shed attached. This home is truly remarkable! Any offers should be submitted by Monday, February 3rd by 1pm and remain open until Monday, February 3rd at 6pm. (id:56688)
Property Details
Listing ID: 27858977
Address: 18 Normas Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1C4
Status: Active
Last updated: 14 days ago ( Jan 30, 2025 )
Year Built: 1969
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: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Fencing: Fence
Living Area Total: 1,756 square feet
Price per sq ft: $188
Tax Annual Amount: $2,209
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Brick, Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.514687, -52.812265]
Rooms
Lower level | Laundry room Recreation room Not known Office | 11.2x11.5 null 20.3x11.7 null 11.4x7.7 null 6.10x7.10 null |
Main level | Porch Kitchen Dining room Family room | 6x5.4 null 12.7x12.1 null 10.3x11.9 null 11.9x16.9 null |
Second level | Bedroom Bedroom Primary Bedroom | 10.1x8.3 null 11.7x12 null 11.8x12.1 null |
Basic Calculator
First Mortgage: $263,920
Mortgage insurance premium: $0
Total Financing: $263,920
Rough closing fee (1.5%): ~ $4,949
Total downpayment with estimated closing fee: $70,929
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,932 | $23,184 |
Gross rental income (income/principal ratio) | 0.586% | 7.028% |
Mortgage | $0 | $0 |
Monthly Expenses | $413 | $4,956 |
Vacancy | $97 | $1,160 |
Management Fee | $155 | $1,855 |
Expense / Income Ratio | 21.38% | 21.38% |
Cash Flow | $1,268 | $15,216 |
Net Operating Income (NOI) | $1,268 | $15,216 |
Capitalization Rate | 0.38% | 4.61% |