37 Willenhall Place
St. John's, NL, A1E0E7
4 Beds | 4 Baths
$439,900
About the property (MLS: 1281754):
Looking for a fantastic two-apartment home in a prime location? 37 Willenhall Place is the perfect fit! Tucked away on a quiet cul-de-sac just minutes from the Team Gushue Highway, this bright and well-maintained home offers both comfort and convenience. The main unit features three bedrooms, including a spacious primary with an ensuite, a second full bath, and a bright kitchen with stainless steel appliances that flows into the living and dining areas. Plus, there’s direct access to the back patio right off the kitchen. Downstairs, a rec room and half bath provide extra space to enjoy. The cozy one-bedroom walkout apartment is ideal for a single person or young couple, featuring a bright open layout and its own private entrance. The tenant currently pays $1050 POU and is on a lease until April 2026. Both units come fully equipped with appliances, making this home move-in ready. Additionally, the cabinet doors in the kitchen and the panels in the bathroom are being replaced under warranty. With bus routes nearby, friendly neighbors, and a great central location, this is an amazing place to call home or a smart investment opportunity. Seller's Direction in place; no conveyance of offers until 5:00pm Friday, February 28, 2025. (id:56688)
Property Details
Listing ID: 27946460
Address: 37 Willenhall Place, St. John's, Newfoundland & Labrador, Canada A1E0E7
Status: Active
Last updated: 19 days ago ( Feb 25, 2025 )
Year Built: 2015
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Living Area Total: 1,100 square feet
Price per sq ft: $400
Tax Annual Amount: $3,102
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Other
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 42
Rurl
Coordinates: [47.542875, -52.766406]
Rooms
| Basement | Not known Not known Not known Not known Recreation room | Full Bath null 11'9"" x 10'3"" null 11'0"" x 8'6"" null 13'0"" x 10'0"" null 13'6"" x 12'8"" null |
| Main level | Bedroom Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Kitchen Living room | 9'8"" x 9'8"" null Full Bath null 10'6"" x 9'7"" null 3 Piece null 13'0"" x 12'0"" null 13'6"" x 10'3"" null 14'3"" x 12'0"" null |
Basic Calculator
First Mortgage: $351,920
Mortgage insurance premium: $0
Total Financing: $351,920
Rough closing fee (1.5%): ~ $6,599
Total downpayment with estimated closing fee: $94,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,210 | $14,520 |
| Gross rental income (income/principal ratio) | 0.275% | 3.301% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $550 | $6,600 |
| Vacancy | $61 | $726 |
| Management Fee | $97 | $1,162 |
| Expense / Income Ratio | 45.45% | 45.45% |
| Cash Flow | $503 | $6,036 |
| Net Operating Income (NOI) | $503 | $6,036 |
| Capitalization Rate | 0.11% | 1.37% |
