About the property (MLS: 1281089):
Come View this amazing move in ready bright two apartment home in the centre of Mount Pearl on a corner lot with a beautiful garden ,mature trees and rear patio deck . Walking distance to all schools and playgrounds and local amenities. This property has been well cared for and has upgrades over the years including new flooring on main , siding ,windows, shingles, electrical ,new water heaters, and some new lighting .The main floor offers an upgraded modern decor large eat in kitchen with beautiful cabinetry, living and dining combo with propane fireplace, primary bedroom, and two other average sized bedrooms and a nice family bath. The basement area has a separate family room ,laundry, and storage area. The apt is a one bedroom self-contained beautiful bright spacious apartment with above ground windows with lots of natural light. The apartment is complete with eat in kitchen, large living room, bedroom, full bath and separate laundry and lots of storage space .Separate driveways . A MUST SEE PROPERTY! NO CONVEYANCE OF ANY WRITTEN SIGNED OFFERS prior to 4 pm, 6th February,2025 The seller further directs that all offers are to remain OPEN FOR ACCEPTANCE until 9 pm , 6th February,2025 . (id:56688)
Property Details
Listing ID: 27861577
Address: 17 PRINCETON Crescent, Mount Pearl, Newfoundland & Labrador, Canada A1N2Y6
Status: Active
Last updated: 15 days ago ( Jan 31, 2025 )
Year Built: 1979
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 2,395 square feet
Price per sq ft: $151
Tax Annual Amount: $2,750
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.510229, -52.811258]
Rooms
Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Laundry room Recreation room | 3 pc 4x8 null 12x12 null 13x16 null 10x12 null 4x7 null 13x15 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | 3 PC null 11x12 null 10x12 null 12x14 null 16x12 null 10x13 null 11x13 null |
Basic Calculator
First Mortgage: $287,920
Mortgage insurance premium: $0
Total Financing: $287,920
Rough closing fee (1.5%): ~ $5,399
Total downpayment with estimated closing fee: $77,379
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,635 | $31,620 |
Gross rental income (income/principal ratio) | 0.732% | 8.786% |
Mortgage | $0 | $0 |
Monthly Expenses | $450 | $5,400 |
Vacancy | $132 | $1,581 |
Management Fee | $211 | $2,530 |
Expense / Income Ratio | 17.08% | 17.08% |
Cash Flow | $1,843 | $22,116 |
Net Operating Income (NOI) | $1,843 | $22,116 |
Capitalization Rate | 0.51% | 6.15% |