About the property (MLS: 1283099):
Welcome to 4 Twillingate Place in Cowan Heights. A great family home tucked away on a beautiful mature cul-de-sac. The homes consists of 4 levels with 4 bedrooms, potential for a 5th, spacious bedrooms, a large open concept living room area, plenty of natural light plus you have the convenience of an in-house garage. You'll feel at home the moment you drive onto the street. Call your Real Estate Agent and book your appointment today. No presentation of offers prior to 5pm on April 3. 2025 (id:56688)
Property Details
MLS: 1283099
Listing ID: 28096664
Address: 4 Twillingate Place, St. John's, Newfoundland & Labrador, Canada A1E3R4
Status: Active
Last updated: a month ago ( Mar 31, 2025 )
Year Built: 1971
Property Type: Single Family
Structure Type: House
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Hot water radiator heat, Radiant heat
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,321 square feet
Price per sq ft: $148
Tax Annual Amount: $2,399
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Radiant heat
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Number of photos available: 20
Rurl
Coordinates: [47.530877, -52.761148]
Listing ID: 28096664
Address: 4 Twillingate Place, St. John's, Newfoundland & Labrador, Canada A1E3R4
Status: Active
Last updated: a month ago ( Mar 31, 2025 )
Year Built: 1971
Property Type: Single Family
Structure Type: House
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Hot water radiator heat, Radiant heat
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,321 square feet
Price per sq ft: $148
Tax Annual Amount: $2,399
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Radiant heat
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Number of photos available: 20
Rurl
Coordinates: [47.530877, -52.761148]
Rooms
Basement | Storage Utility room Family room | 15'8 x 10 null 4 x 25 null 16'2 x 18'5 null |
Lower level | Bath (# pieces 1-6) Bedroom Laundry room | 2 pcs 14' x 10 null 5 x 10 null |
Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 4pcs 13'2 x 13'7 null 13'2 x 11'10 null 12'8 x 10 null |
Main level | Kitchen Dining nook Living room | 10'9 x 13 null 9'4 x 10'5 null 20'5 x 16'6 null |
Basic Calculator
First Mortgage: $274,320
Mortgage insurance premium: $0
Total Financing: $274,320
Rough closing fee (1.5%): ~ $5,144
Total downpayment with estimated closing fee: $73,724
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,554 | $30,648 |
Gross rental income (income/principal ratio) | 0.745% | 8.938% |
Mortgage | $0 | $0 |
Monthly Expenses | $429 | $5,148 |
Vacancy | $128 | $1,533 |
Management Fee | $205 | $2,452 |
Expense / Income Ratio | 16.80% | 16.80% |
Cash Flow | $1,793 | $21,516 |
Net Operating Income (NOI) | $1,793 | $21,516 |
Capitalization Rate | 0.52% | 6.27% |
Capitalization Rate: 6.27%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $489,858