About the property (MLS: 1282069):
Cozy 2 BR, 1 bath home in fabulous location. Siding and torch-on roof was replaced 10-12 years ago. 200 amp electrical panel. Cozy backyard. Hike Signal hill or just enjoy the Harbour view. (id:56688)
Property Details
MLS: 1282069
Listing ID: 27965143
Address: 5 Signal Hill Road, St. John's, Newfoundland & Labrador, Canada A1A1A8
Status: Active
Last updated: 16 days ago ( Feb 28, 2025 )
Year Built: 1925
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 840 square feet
Price per sq ft: $203
Tax Annual Amount: $1,259
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.57179, -52.697289]
Listing ID: 27965143
Address: 5 Signal Hill Road, St. John's, Newfoundland & Labrador, Canada A1A1A8
Status: Active
Last updated: 16 days ago ( Feb 28, 2025 )
Year Built: 1925
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 840 square feet
Price per sq ft: $203
Tax Annual Amount: $1,259
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.57179, -52.697289]
Rooms
Second level | Bedroom Bedroom | 9 x 9 null 12 x 9 null |
Main level | Laundry room Kitchen Living room | 10 x 5 null 11-3 x 12-4 null 12-6 x 10-6 null |
Basic Calculator
First Mortgage: $135,920
Mortgage insurance premium: $0
Total Financing: $135,920
Rough closing fee (1.5%): ~ $2,549
Total downpayment with estimated closing fee: $36,529
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $925 | $11,100 |
Gross rental income (income/principal ratio) | 0.544% | 6.533% |
Mortgage | $0 | $0 |
Monthly Expenses | $213 | $2,556 |
Vacancy | $47 | $555 |
Management Fee | $74 | $888 |
Expense / Income Ratio | 23.03% | 23.03% |
Cash Flow | $592 | $7,104 |
Net Operating Income (NOI) | $592 | $7,104 |
Capitalization Rate | 0.35% | 4.18% |
Capitalization Rate: 4.18%
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).): $242,715