3 Ridgemount Street
St. John's, NL, A1S1B3
3 Beds | 1 Bath
$299,900
About the property (MLS: 1282259):
Welcome to 3 Ridgemount Street, a charming home situated on a spacious corner lot in a quiet Goulds neighborhood. This move-in-ready 3-bedroom home has been thoughtfully updated over the years, making it a fantastic option for families of all sizes. Notable upgrades include a new roof (2014), windows, doors, and siding (2019), an upgraded electrical panel (2021), and a refreshed rec room (2020). The bright and open-concept living, dining, and kitchen area is perfect for entertaining, featuring convenient pull-out storage and modern finishes. Two spacious bedrooms are located on the main floor, with an additional bedroom in the fully developed basement. Enjoy year-round comfort with the newly installed mini split heat pump, providing energy efficiency and air conditioning for those warm summer days. Cozy up in front of the brand-new propane fireplace, adding warmth and ambiance to the rec room—an ideal spot for movie nights or cheering on your favorite team. Outside, the fully fenced yard offers privacy, complete with an expansive deck and a newly added shed for all your storage and gardening needs. Located within walking distance of schools, shops, restaurants, medical offices, and local favorites like Keith’s Fish and Chips, this home offers the perfect blend of comfort, convenience, and community. As per seller direction no conveyance of any offers until 6pm Monday March 10th. (id:56688)
Property Details
Listing ID: 27988275
Address: 3 Ridgemount Street, St. John's, Newfoundland & Labrador, Canada A1S1B3
Status: Active
Last updated: 17 days ago ( Mar 6, 2025 )
Year Built: 1977
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Mixed Flooring
Living Area Total: 1,662 square feet
Price per sq ft: $181
Tax Annual Amount: $2,185
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.456927, -52.778694]
Rooms
| Basement | Other Storage Laundry room Bedroom Recreation room | 10.8 X 9 null 9 X 10.6 null 8.8 X 5.9 null 11.8 X 8.6 null 28 X 10 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Not known Porch | 4PC null 11.6 X 9.4 null 17.11 X 9 null 11.10 X 10.3 null 16 X 10.8 null 6.10 X 4 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,829 | $21,948 |
| Gross rental income (income/principal ratio) | 0.610% | 7.318% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $92 | $1,098 |
| Management Fee | $147 | $1,756 |
| Expense / Income Ratio | 20.50% | 20.50% |
| Cash Flow | $1,217 | $14,604 |
| Net Operating Income (NOI) | $1,217 | $14,604 |
| Capitalization Rate | 0.41% | 4.87% |
