About the property (MLS: 1282381):
You will not build this one for this price! Inside this raised bungalow, you’ll find a well-designed and beautifully maintained home with modern upgrades and thoughtful details throughout. The heart of the home is the gorgeous and functional kitchen, perfect for cooking and entertaining. The spacious layout offers an in-law suite, two spacious living rooms, and two primary bedrooms, two kitchens, providing incredible flexibility for families, guests, or rental potential. For comfort and efficiency, the home is equipped with two mini-splits, ensuring cost-effective heating and cooling year-round. Recent upgrades include PEX plumbing, new garage roof and a pony panel, and extensive landscaping, which features a brand-new octagon greenhouse, flower beds, new decks, and stamped concrete, house roof, see PCDS. The backyard is a true retreat, designed for relaxation and refreshment, whether you’re unwinding on the deck, tending to your greenhouse, or simply enjoying the peaceful surroundings. Located in the much sought-after sunshine bubble of Conception Bay South, with highway access nearby, this home is move-in ready and offers incredible value. (id:56688)
Property Details
Listing ID: 28012109
Address: 252 Fowler's Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4J8
Status: Active
Last updated: 9 days ago ( Mar 14, 2025 )
Year Built: 1978
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Fencing: Fence
Living Area Total: 2,150 square feet
Price per sq ft: $210
Tax Annual Amount: $2,605
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Other
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.516945, -52.928495]
Rooms
Main level | Storage Porch Laundry room Bath (# pieces 1-6) Primary Bedroom Not known Not known Foyer | 4.7x4.4 null 9.2 x 8.6 null 8.3x3 null 3 pieces null 20.6 x 10 null 13x12.5 null 17.5 x 13.5 null 17.3 x 7.2 null |
Second level | Bath (# pieces 1-6) Other Bedroom Primary Bedroom Kitchen Dining room Living room | 3 pieces null 11x3.2 (Hall) null 13.5 x 11.10 null 21.4 x 9.6 null 12.9 x 9.3 null 12.9 x 11.10 null 16.8 x 12 null |
Basic Calculator
First Mortgage: $360,000
Mortgage insurance premium: $0
Total Financing: $360,000
Rough closing fee (1.5%): ~ $6,750
Total downpayment with estimated closing fee: $96,750
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,365 | $28,380 |
Gross rental income (income/principal ratio) | 0.526% | 6.307% |
Mortgage | $0 | $0 |
Monthly Expenses | $563 | $6,756 |
Vacancy | $119 | $1,419 |
Management Fee | $190 | $2,271 |
Expense / Income Ratio | 23.81% | 23.81% |
Cash Flow | $1,495 | $17,940 |
Net Operating Income (NOI) | $1,495 | $17,940 |
Capitalization Rate | 0.33% | 3.99% |