27 Farrell Drive
Mount Pearl, NL, A1N3E9
3 Beds | 1 Bath
$215,000
About the property (MLS: 1283493):
Welcome to this well-maintained home nestled in the desirable community of Mount Pearl. As you step through the front door, you’re greeted by a welcoming foyer complete with a convenient coat closet. The main floor boasts a beautifully renovated kitchen featuring modern cabinetry, updated countertops, stylish hardware, new flooring and backsplash—perfect for everyday living and entertaining. Just off the kitchen, the bright and spacious living room offers stunning views overlooking the city, creating a warm and inviting atmosphere. Upstairs, you’ll find three generously sized bedrooms and a newly renovated 3-piece bathroom designed with comfort and functionality in mind. The undeveloped basement offers endless potential for customization—whether you're dreaming of a rec room, home gym, or additional living space. It also houses the laundry area, ample storage, and walkout access to the fully fenced backyard—ideal for kids, pets, or summer gatherings. This home combines comfort, updates, and a great location—ready for its next owners to move in and make it their own. Sellers direction - All offers to be submitted by April 14th @ 5pm. (id:56688)
Property Details
Listing ID: 28154301
Address: 27 Farrell Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N3E9
Status: Active
Last updated: a month ago ( Apr 11, 2025 )
Year Built: 1970
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Mixed Flooring
Living Area Total: 1,458 square feet
Price per sq ft: $148
Tax Annual Amount: $975
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.526044, -52.800938]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 3PC null 9.5X8.3 null 8.7X10.3 null 10.6X9.9 null |
| Main level | Dining room Living room Kitchen | 10.3X7.5 null 17.2X8.0 null 11.10X10.4 null |
Basic Calculator
First Mortgage: $172,000
Mortgage insurance premium: $0
Total Financing: $172,000
Rough closing fee (1.5%): ~ $3,225
Total downpayment with estimated closing fee: $46,225
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,604 | $19,248 |
| Gross rental income (income/principal ratio) | 0.746% | 8.953% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $269 | $3,228 |
| Vacancy | $81 | $963 |
| Management Fee | $129 | $1,540 |
| Expense / Income Ratio | 16.77% | 16.77% |
| Cash Flow | $1,127 | $13,524 |
| Net Operating Income (NOI) | $1,127 | $13,524 |
| Capitalization Rate | 0.52% | 6.29% |
