About the property (MLS: 1281425):
A beautifully designed duplex with an attached garage, ideally located near MUN, the Health Sciences Centre, and Avalon Mall. This home boasts an open-concept layout, featuring two bedrooms and a full bathroom on the main floor, while the lower level offers a third bedroom, an additional full bathroom, and a convenient laundry area. Enjoy outdoor living with a 10' x 12' patio deck, a paved driveway, and fully landscaped grounds—nursery sod in the front and hydro-seeded backyard with a natural tree line for privacy. Plus, it comes with a 10-year Atlantic Home Warranty. Almost ready for occupancy, this home offers stunning city views from Lynch Place! (id:56688)
Property Details
Listing ID: 27869035
Address: 20 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: 11 days ago ( Feb 3, 2025 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 1,424 square feet
Price per sq ft: $262
Tax Annual Amount: $3,300
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.555102, -52.751312]
Rooms
Lower level | Porch Foyer Bath (# pieces 1-6) Laundry room Bedroom | 6 x 4 null 10 x 6 aprox null 4pc 12 x 5.3 null 18.11 x 10 null |
Main level | Bath (# pieces 1-6) Primary Bedroom Bedroom Dining room Kitchen Living room | 4 pc 11 x 13 null 9 x 9.3 null 10 x 11 null 10.4 x 10 null 11 x 14 null |
Basic Calculator
First Mortgage: $297,520
Mortgage insurance premium: $0
Total Financing: $297,520
Rough closing fee (1.5%): ~ $5,579
Total downpayment with estimated closing fee: $79,959
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,567 | $18,804 |
Gross rental income (income/principal ratio) | 0.421% | 5.056% |
Mortgage | $0 | $0 |
Monthly Expenses | $465 | $5,580 |
Vacancy | $79 | $941 |
Management Fee | $126 | $1,505 |
Expense / Income Ratio | 29.67% | 29.67% |
Cash Flow | $899 | $10,788 |
Net Operating Income (NOI) | $899 | $10,788 |
Capitalization Rate | 0.24% | 2.90% |