About the property (MLS: 1283190):
Welcome to this spacious and bright 5 bedroom home, with a lovely view of Conception Bay, great for you to enjoy those summer evenings admiring the sunsets. This spacious home offers an open floor plan perfect for you and the family to gather and entertain. The large open kitchen with lots of counter space is the perfect layout for those who love to cook. This home also has a great size rec-room with attached laundry. The downstairs until is bright and clean, it provides you with a two bedroom open layout along with bathroom & laundry room . This home is a smart investment and will not last long. Arrange your viewing today!Seller's Direction Re: Offers in place. There will be no conveyance of any written signed offers before 10am on Monday, May 5th. All offers to be submitted by 10am and left open until 1pm on that date. (id:56688)
Property Details
Listing ID: 28156389
Address: 4 Hopewell Garden Road, Conception Bay South, Newfoundland & Labrador, Canada A1X4B8
Status: Active
Last updated: 9 days ago ( May 5, 2025 )
Year Built: 2010
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,490 square feet
Price per sq ft: $161
Tax Annual Amount: $2,500
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.475921, -53.056951]
Rooms
Basement | Bedroom Bedroom Bath (# pieces 1-6) Kitchen Living room Laundry room Recreation room | 11x11 null 11x8 null 3pc 10x9 null 12x16 null 6.10x8.10 null 10x19 null |
Main level | Not known Living room Ensuite Bath (# pieces 1-6) Bedroom Bedroom Porch | 16x12 null 16x13 null 3pc 3pc 11.11x10.11 null 11x10.11 null 6x6 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,739 | $32,868 |
Gross rental income (income/principal ratio) | 0.685% | 8.219% |
Mortgage | $0 | $0 |
Monthly Expenses | $500 | $6,000 |
Vacancy | $137 | $1,644 |
Management Fee | $220 | $2,630 |
Expense / Income Ratio | 18.25% | 18.25% |
Cash Flow | $1,883 | $22,596 |
Net Operating Income (NOI) | $1,883 | $22,596 |
Capitalization Rate | 0.47% | 5.65% |