191 Frecker Drive
St John's, NL, A1E5H5
4 Beds | 2 Baths
$379,900
About the property (MLS: 1283198):
BACK ON THE MARKET DUE TO LACK OF FINANCING! A lovely and spacious registered two apt bungalow located in family friendly Cowan Heights. It recently has been updated with a brand new kitchen c/w new shaker style cabinets, four new S/S appliances, new flooring and lights, new bathroom with new tub, surround, vanity, toilet, lights and flooring. Freshly painted throughout, new lights, new digital thermostats, new carpet on the stairs. The main floor offers a huge living room, a new kitchen, a spacious dining area, a large primary bedroom & two other generous sized bedrooms, a spacious bsmt family room, huge, huge storage area that could be developed further and a HRV system recently cleaned and serviced by Clean Air Solutions. The one bedroom bsmt apt shows very and has a large living room, a small eat-in kitchen with a fridge and stove, a large bedroom, a full bath and a laundry/storage room with washer and dryer. It has faux blinds and digital thermostats throughout and has recently been painted. Both units have their own entrances, laundry, electrical breaker panels (125/100 amps) with electric heat, vinyl windows, both hot water tanks less than a year old, asphalt shingles installed about 10 to 12 years ago and double paved parking for two. It has a 12 x 10 rear deck and yard is partially fenced. Cowan Heights truly is a family neighborhood and this home sits right in the middle of numerous parks and is within walking distance to other parks just a short walk away. It is close to a multitude of convenient stores, coffee shops, take-outs, gas stations, gyms and has close and easy access to Team Gushue Highway, Columbus Drive and Topsail Road. So whether you have young kids, older kids, both or none this home has the safe family neighborhood with all the amenities that will keep everyone in your family safe, secure, active and most importantly - Happy!! Offers to be submitted by 7pm, Thursday April 24th & left open til 11pm NL time. (id:56688)
Property Details
Listing ID: 28120257
Address: 191 Frecker Drive, St John's, Newfoundland & Labrador, Canada A1E5H5
Status: Active
Last updated: a month ago ( Apr 22, 2025 )
Year Built: 1988
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Fencing: Partially fenced
Living Area Total: 2,356 square feet
Price per sq ft: $162
Tax Annual Amount: $2,444
Tax Year: 2025
Garage? No
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, Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 38
Rurl
Coordinates: [47.529483, -52.770932]
Rooms
| Main level | Kitchen Porch Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Dining room Living room | 10.6 X 9.8 null 5 X 4 null 12 X 5 null 11.6 X 8 null 10.6 X 9 null 12.8 X 12 null 10 X 9 null 17 X 13 null |
| Basement | Laundry room Bath (# pieces 1-6) Bedroom Living room Kitchen Storage Family room | 5 x 5 null 8.8 X 5 null 15 X 12.6 null 12 X 12 null 10 X 10 null 15 X 15 null 13.8 X 11.7 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,592 | $31,104 |
| Gross rental income (income/principal ratio) | 0.682% | 8.187% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $130 | $1,556 |
| Management Fee | $208 | $2,489 |
| Expense / Income Ratio | 18.33% | 18.33% |
| Cash Flow | $1,781 | $21,372 |
| Net Operating Income (NOI) | $1,781 | $21,372 |
| Capitalization Rate | 0.47% | 5.63% |
