22 Lynch Place
St. John's, NL, A1B4L8
3 Beds | 2 Baths
$369,900
About the property (MLS: 1281565):
A tastefully designed duplex featuring an attached garage, conveniently situated near MUN, Health Science Centre, and Avalon Mall. This home offers an open concept layout with two bedrooms and a full bathroom on the main floor, complemented by a third bedroom, another full bathroom, and laundry facilities on the lower level. Additional highlights include a 10 x 12 patio deck, a paved driveway, complete landscaping, and a 10-year Atlantic Home Warranty. This home is almost ready for occupancy. Check out the awesome views of the city from Lynch Place. (id:56688)
Property Details
Listing ID: 27886986
Address: 22 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: 2 months ago ( Feb 6, 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: 1,240 square feet
Price per sq ft: $299
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: 12
Rurl
Coordinates: [47.554933, -52.751268]
Rooms
| Lower level | Porch Foyer Bath (# pieces 1-6) Laundry room Bedroom | 7 x 4.6 null 9.6 x 6.6 null 4pc 10.3 x 4.4 null 11 x 8.6 null |
| Main level | Bath (# pieces 1-6) Primary Bedroom Bedroom Dining room Kitchen Living room | 4 pc 11 x 12 null 10 x 9 null 10 x 9.6 null 12 x 10 null 11 x 10 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,364 | $16,368 |
| Gross rental income (income/principal ratio) | 0.369% | 4.425% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $69 | $819 |
| Management Fee | $110 | $1,310 |
| Expense / Income Ratio | 33.94% | 33.94% |
| Cash Flow | $724 | $8,688 |
| Net Operating Income (NOI) | $724 | $8,688 |
| Capitalization Rate | 0.20% | 2.35% |
