39 Jill Drive
Conception Bay South, NL, A1X7H4
4 Beds | 2 Baths
$349,000
About the property (MLS: 1282300):
Welcome to 39 Jill Drive! Offering breathtaking views of beautiful Conception Bay, this property presents the perfect opportunity to own your own home with a mortgage helping apartment below, or add to your investment portfolio. The main foyer is a sunroom with 14 foot ceilings leading to the open concept main floor. The living room features a lovely bay window with built in window seat - the perfect place curl up with a book & enjoy the ocean views, and the spacious kitchen boasts a centre island, perfect for those family gatherings. From here, a set of double patio doors accesses the rear patio and fenced backyard. The main floor also locates 3 bedrooms and main bathroom. Downstairs, the main unit has a spacious family room with a cozy propane fireplace. The one bedroom basement apartment is already rented to a long term tenant who would love to stay! Shingles to be replaced prior to closing & are booked to be completed the first week of April, weather permitting. Situated in sunny CBS, with highway access just around the corner and day to day amenities at your fingertips, this home is ideal for a family or savvy investor. In today's market, it won't last long. View today and this one could be yours! As per attached Seller's Direction, there will be no conveyance of offers prior to 7pm on Thursday, March 13th with offers to remain open until 10pm. (id:56688)
Property Details
Listing ID: 28002199
Address: 39 Jill Drive, Conception Bay South, Newfoundland & Labrador, Canada A1X7H4
Status: Active
Last updated: 6 days ago ( Mar 10, 2025 )
Year Built: 1990
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
View: Ocean view
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,009 square feet
Price per sq ft: $174
Tax Annual Amount: $2,346
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Propane
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.503772, -52.991727]
Rooms
| Basement | Not known Not known Not known | 13.4x12.0 null 10.7x10.5 null 20.7x14.0 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Dining room Kitchen Living room | 4PC null 9.2x8.0 null 12.8x10.9 null 12.8x10.3 null 13.6x9.2 null 13.1x12.0 null 15.2x11.1 null |
Basic Calculator
First Mortgage: $279,200
Mortgage insurance premium: $0
Total Financing: $279,200
Rough closing fee (1.5%): ~ $5,235
Total downpayment with estimated closing fee: $75,035
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,210 | $26,520 |
| Gross rental income (income/principal ratio) | 0.633% | 7.599% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $437 | $5,244 |
| Vacancy | $111 | $1,326 |
| Management Fee | $177 | $2,122 |
| Expense / Income Ratio | 19.77% | 19.77% |
| Cash Flow | $1,486 | $17,832 |
| Net Operating Income (NOI) | $1,486 | $17,832 |
| Capitalization Rate | 0.43% | 5.11% |
