13 Fencer Place
Conception Bay South, NL, A1X6S5
2 Beds | 1 Bath
$375,000
About the property (MLS: 1283184):
2 Bedroom 1 bathroom Grade Level Bungalow with Main floor Laundry, Open Concept Floor plan, fully landscaped, double paved driveway, front veranda as well as 10x12 rear deck and eaves trough, Warranty: Covered by the Atlantic New Home Warranty, providing security and assurance. HST/GST Rebate: The HST/GST rebate is to be assigned to the builder at closing (id:56688)
Property Details
MLS: 1283184
Listing ID: 28106168
Address: 13 Fencer Place, Conception Bay South, Newfoundland & Labrador, Canada A1X6S5
Status: Active
Last updated: a month ago ( Apr 7, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,888 square feet
Price per sq ft: $199
Tax Annual Amount: $2,470
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.467052, -53.073342]
Listing ID: 28106168
Address: 13 Fencer Place, Conception Bay South, Newfoundland & Labrador, Canada A1X6S5
Status: Active
Last updated: a month ago ( Apr 7, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,888 square feet
Price per sq ft: $199
Tax Annual Amount: $2,470
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.467052, -53.073342]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Eating area Kitchen Porch | 5x4 null 9.4x5.10 null 11.8x10.6 null 14x12 null 18.4x11.8 null 9.4x11 null 12.6x11 null 9x5 null |
Basic Calculator
First Mortgage: $300,000
Mortgage insurance premium: $0
Total Financing: $300,000
Rough closing fee (1.5%): ~ $5,625
Total downpayment with estimated closing fee: $80,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,077 | $24,924 |
| Gross rental income (income/principal ratio) | 0.554% | 6.646% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $469 | $5,628 |
| Vacancy | $104 | $1,247 |
| Management Fee | $167 | $1,994 |
| Expense / Income Ratio | 22.58% | 22.58% |
| Cash Flow | $1,338 | $16,056 |
| Net Operating Income (NOI) | $1,338 | $16,056 |
| Capitalization Rate | 0.36% | 4.28% |
Capitalization Rate: 4.28%
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).): $535,715
