41 Dragonfly Place
St. John's, NL, A1H0N1
2 Beds | 2 Baths
$559,900
About the property (MLS: 1281394):
CONSTRUCTION IS NEARING COMPLETION - MOVE-IN READY IN 60 DAYS! The Birchwood, built by Newfoundland's leading home builder, New Victorian Homes, is the perfect bungalow for downsizing and a comfortable retirement. This beautiful two-bedroom bungalow now features a soaker tub and custom tile shower ensuite. Plus, a larger kitchen with a walk-in pantry for all your storage needs! Experience the convenience of one-floor living, with a full laundry room and an attached garage. Contact an agent today to book your private viewing! (id:56688)
Property Details
MLS: 1281394
Listing ID: 27884321
Address: 41 Dragonfly Place, St. John's, Newfoundland & Labrador, Canada A1H0N1
Status: Active
Last updated: 24 days ago ( Feb 20, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,508 square feet
Price per sq ft: $224
Tax Annual Amount: $5,095
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 9
Rurl
Coordinates: [47.495372, -52.79771]
Listing ID: 27884321
Address: 41 Dragonfly Place, St. John's, Newfoundland & Labrador, Canada A1H0N1
Status: Active
Last updated: 24 days ago ( Feb 20, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,508 square feet
Price per sq ft: $224
Tax Annual Amount: $5,095
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 9
Rurl
Coordinates: [47.495372, -52.79771]
Rooms
| Main level | Not known Ensuite Bath (# pieces 1-6) Primary Bedroom Bedroom Laundry room Not known Kitchen Dining room Living room | 20'x20' null 3PC null 4PC null 11'7""x14'4"" null 9'2""x11' null 7'4""x5'6"" null 5'x5' null 14'3""x11'4"" null 11'1""x9'0"" null 11'9""x14'0"" null |
Basic Calculator
First Mortgage: $447,920
Mortgage insurance premium: $0
Total Financing: $447,920
Rough closing fee (1.5%): ~ $8,399
Total downpayment with estimated closing fee: $120,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,759 | $33,108 |
| Gross rental income (income/principal ratio) | 0.493% | 5.913% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $700 | $8,400 |
| Vacancy | $138 | $1,656 |
| Management Fee | $221 | $2,649 |
| Expense / Income Ratio | 25.37% | 25.37% |
| Cash Flow | $1,701 | $20,412 |
| Net Operating Income (NOI) | $1,701 | $20,412 |
| Capitalization Rate | 0.30% | 3.65% |
Capitalization Rate: 3.65%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $799,858
