90 Hussey Drive
St. John's, NL, A1A4Y9
2 Beds | 1 Bath
$185,000
About the property (MLS: 1282165):
This home offers a unique opportunity for first-time buyers and those looking to downsize. Key features include single-floor living, making it accessible for all, complemented by a warm and inviting propane fireplace ideal for cozy evenings. The bonus room, currently styled as a spacious walk-in closet, provides flexibility to suit your lifestyle needs. Plus, the roof has been recently upgraded as of 2024, ensuring that maintenance is one less worry. This property is set on freehold land, enhancing its appeal both as a long-term home and a wise investment. ***As per the Sellers Directive, there will be no conveyance of any written offers prior to 4:00pm on Monday, March 10th, 2025 and all offers are to remain open for consideration until 9:00pm on March 10th, 2025.*** (id:56688)
Property Details
Listing ID: 27993899
Address: 90 Hussey Drive, St. John's, Newfoundland & Labrador, Canada A1A4Y9
Status: Active
Last updated: 17 days ago ( Mar 7, 2025 )
Year Built: 1973
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Freehold
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Propane
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 660 square feet
Price per sq ft: $281
Tax Annual Amount: $1,070
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters, Propane
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.612793, -52.729469]
Rooms
| Main level | Not known Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Kitchen | 8.5x5 null 4PC null 8.5x9 null 9x11 null 11x13 null 11x11 null |
Basic Calculator
First Mortgage: $148,000
Mortgage insurance premium: $0
Total Financing: $148,000
Rough closing fee (1.5%): ~ $2,775
Total downpayment with estimated closing fee: $39,775
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $727 | $8,724 |
| Gross rental income (income/principal ratio) | 0.393% | 4.716% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $232 | $2,784 |
| Vacancy | $37 | $437 |
| Management Fee | $59 | $698 |
| Expense / Income Ratio | 31.91% | 31.91% |
| Cash Flow | $401 | $4,812 |
| Net Operating Income (NOI) | $401 | $4,812 |
| Capitalization Rate | 0.22% | 2.60% |
