
About the property (MLS: 1281803):
Another quality built home by Horizon Homes Limited. Three two storey home under construction in the beautiful Estates at Clovelly on a quiet cul de sac. This home will feature a large open main floor plan with living room with propane fireplace, kitchen and dining room. 9' main floor ceilings. Garage wired with Stage 2- 40 AMP EV ready for charger. HST included in purchase price. 10 Year Atlantic Province New Home Warranty. (id:56688)
Property Details
MLS: 1281803
Listing ID: 27923210
Address: 4 O’Flynn Place, St. John's, Newfoundland & Labrador, Canada A1A0S4
Status: Active
Last updated: a month ago ( Feb 18, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,446 square feet
Price per sq ft: $233
Tax Annual Amount: $7,279
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.61843, -52.701784]
Listing ID: 27923210
Address: 4 O’Flynn Place, St. John's, Newfoundland & Labrador, Canada A1A0S4
Status: Active
Last updated: a month ago ( Feb 18, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,446 square feet
Price per sq ft: $233
Tax Annual Amount: $7,279
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.61843, -52.701784]
Rooms
Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 10.5 x 15.5 null 4 Pce null 10.95 x 13.15 null 13.5 x 13.67 null 5 Pce null 11.67 x 19.85 null |
Main level | Bath (# pieces 1-6) Not known Mud room Office Kitchen Dining room Living room/Fireplace | 2 Pce null 4 x 8.15 null 6 x 6 null 8.15 x 10.45 null 12 x 15.45 null 10 x 11.65 null 16.33 x 17.65 null |
Basic Calculator
First Mortgage: $639,920
Mortgage insurance premium: $0
Total Financing: $639,920
Rough closing fee (1.5%): ~ $11,999
Total downpayment with estimated closing fee: $171,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,791 | $45,492 |
Gross rental income (income/principal ratio) | 0.474% | 5.687% |
Mortgage | $0 | $0 |
Monthly Expenses | $1,000 | $12,000 |
Vacancy | $190 | $2,275 |
Management Fee | $304 | $3,640 |
Expense / Income Ratio | 26.38% | 26.38% |
Cash Flow | $2,299 | $27,588 |
Net Operating Income (NOI) | $2,299 | $27,588 |
Capitalization Rate | 0.29% | 3.45% |
Capitalization Rate: 3.45%
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).): $1,142,715