34 Forest Road
Conception Bay South, NL, A1X6J6
3 Beds | 1 Bath
$299,900
About the property (MLS: 1282486):
This 3-bedroom, 1-bathroom home is an excellent opportunity for anyone looking to step into homeownership. Situated on a beautiful mature lot, this home offers a warm and inviting atmosphere with large windows that fill the space with natural light. Inside, you'll find an updated kitchen, a separate dining area, and the convenience of main floor laundry. Main floor also has 3 spacious bedrooms and access to a large deck with evening sun. The undeveloped basement provides the perfect blank slate—turn it into a rec room, home office, or extra living space to suit your needs. Outside, the rear yard access allows for extra parking and room to build a garage or shed. Recent upgrades in the last 10 years include a new roof, updated plumbing, and electrical work, ensuring peace of mind for years to come. Located just minutes from shopping, schools, and recreation facilities, this home combines convenience with affordability. Don't wait—call today to book your showing before it’s gone! No conveyance of offers until March 18 at 3 pm. All offers to be open until March 18, 8 pm (id:56688)
Property Details
Listing ID: 28019899
Address: 34 Forest Road, Conception Bay South, Newfoundland & Labrador, Canada A1X6J6
Status: Active
Last updated: 8 hours ago ( Mar 16, 2025 )
Year Built: 1979
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: Heat Pump, Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Fencing: Partially fenced
Living Area Total: 1,748 square feet
Price per sq ft: $172
Tax Annual Amount: $2,114
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump, Baseboard heaters, Electric
Flooring: Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.486268, -53.03405]
Rooms
| Basement | Storage | 38x23 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom Living room Dining room Kitchen | 9x6 null 10.5x9 null 12.3x10 null 12.3x8.8 null 14x12 null 12x10 null 13x9 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 | $1,923 | $23,076 |
| Gross rental income (income/principal ratio) | 0.641% | 7.695% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $97 | $1,154 |
| Management Fee | $154 | $1,847 |
| Expense / Income Ratio | 19.50% | 19.50% |
| Cash Flow | $1,299 | $15,588 |
| Net Operating Income (NOI) | $1,299 | $15,588 |
| Capitalization Rate | 0.43% | 5.20% |
