10 Malka Drive
St. John's, NL, A1A4X8
5 Beds | 2 Baths
$369,900
About the property (MLS: 1282143):
Don't miss this rare find! This bright 3+2 bedroom two apartment Split Entry is located in Airport Heights! Close to all amenities and in a good school catchment area. On bus route to all the major postsecondary schools. Property is currently rented up and down. Great opportunity to live in a sought after area and have apartment rent to help with the mortgage. The main floor has an eat-in kitchen, 3 bedrooms and a rec room downstairs. The spacious apartment is a 2 bedroom with its own laundry . All appliances in both units included. As per sellers direction there will be no conveyance of offers prior to 10:00 am , March 07, 2025. Purchaser to verify all measurements. (id:56688)
Property Details
Listing ID: 27970976
Address: 10 Malka Drive, St. John's, Newfoundland & Labrador, Canada A1A4X8
Status: Active
Last updated: 21 days ago ( Mar 3, 2025 )
Year Built: 1989
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,930 square feet
Price per sq ft: $192
Tax Annual Amount: $2,396
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 8
Rurl
Coordinates: [47.6064, -52.757037]
Rooms
| Basement | Not known Bedroom Bedroom Not known Not known Recreation room | 5.30 x 2.60 null 9.60 x 8.30 null 11.70 x 8.10 null 12.20 x 10.10 null 10.10 x 9.50 null 18.70 x 11.11 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Kitchen | 9.40 x 7.90 null 12.90 x 8.10 null 12.30 x 10.90 null 12.90 x 11.00 null 10.90 x 16.30 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 | $2,123 | $25,476 |
| Gross rental income (income/principal ratio) | 0.574% | 6.887% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $107 | $1,274 |
| Management Fee | $170 | $2,039 |
| Expense / Income Ratio | 21.81% | 21.81% |
| Cash Flow | $1,385 | $16,620 |
| Net Operating Income (NOI) | $1,385 | $16,620 |
| Capitalization Rate | 0.37% | 4.49% |
