About the property (MLS: 1282412):
This attractive residence is set amidst a mature, oversized lot, perfect for a growing family with plenty of room to build a dream garage. Its proximity to schools and the school bus stop makes it ideal for families. Outdoor enthusiasts will love the nearby ponds, swimming areas, and easy access to town amenities. Inside, discover a bright living room, custom kitchen, sunroom overlooking the yard, bedrooms, storage, laundry, and bathroom. Upstairs, features a 2 bedrooms with custom built-ins and ample storage. The home's rec room is great for entertaining, while abundant storage and closet space add convenience. This property is being sold as is. Shed is backyard is a bonus but new owners will need to do the maintenance. (id:56688)
Property Details
Listing ID: 28007387
Address: 23 Western Heights, Portugal Cove, Newfoundland & Labrador, Canada A1N3A6
Status: Active
Last updated: 5 days ago ( Mar 11, 2025 )
Year Built: 1983
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Radiant heat, Oil
Sewer: Septic tank
Flooring: Hardwood, Ceramic Tile
Fencing: Fence
Living Area Total: 2,400 square feet
Price per sq ft: $155
Tax Annual Amount: $2,000
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Microwave
Foundation Details: Concrete
Heating: Radiant heat, Oil
Flooring: Hardwood, Ceramic Tile
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.61746, -52.838469]
Rooms
Second level | Primary Bedroom Bedroom Bath (# pieces 1-6) | 16.6x12.2 null 12.6x8.10 null 8.2x13 null |
Main level | Bath (# pieces 1-6) Office Bedroom Not known Not known Living room | 8x6.7 null 8x11.6 null 11.4x11.4 null 11.6x21.4 null 12x14.6 null 14x16.5 null |
Basic Calculator
First Mortgage: $296,000
Mortgage insurance premium: $0
Total Financing: $296,000
Rough closing fee (1.5%): ~ $5,550
Total downpayment with estimated closing fee: $79,550
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,640 | $31,680 |
Gross rental income (income/principal ratio) | 0.714% | 8.562% |
Mortgage | $0 | $0 |
Monthly Expenses | $463 | $5,556 |
Vacancy | $132 | $1,584 |
Management Fee | $212 | $2,535 |
Expense / Income Ratio | 17.54% | 17.54% |
Cash Flow | $1,834 | $22,008 |
Net Operating Income (NOI) | $1,834 | $22,008 |
Capitalization Rate | 0.50% | 5.95% |