8 Pinsent Place
St John's, NL, A1B2K9
5 Beds | 2 Baths
$299,900
About the property (MLS: 1283884):
Attractive and stylish 5 bedroom family home in a great residential location, close to The Marine Institute, MUN, The YMCA, Pippy Park, walking trails, schools and shopping. (id:56688)
Property Details
MLS: 1283884
Listing ID: 28182591
Address: 8 Pinsent Place, St John's, Newfoundland & Labrador, Canada A1B2K9
Status: Active
Last updated: 7 days ago ( May 13, 2025 )
Year Built: 1965
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Other
Living Area Total: 2,200 square feet
Price per sq ft: $137
Tax Annual Amount: $2,482
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Oil
Flooring: Hardwood, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.593815, -52.72933]
Listing ID: 28182591
Address: 8 Pinsent Place, St John's, Newfoundland & Labrador, Canada A1B2K9
Status: Active
Last updated: 7 days ago ( May 13, 2025 )
Year Built: 1965
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Other
Living Area Total: 2,200 square feet
Price per sq ft: $137
Tax Annual Amount: $2,482
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Oil
Flooring: Hardwood, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.593815, -52.72933]
Rooms
| Basement | Bedroom Bedroom Not known Not known | 9 x 8 null 12 x 11 null 18 x 12 null 12 x 11 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Not known | 12 x 8 null 11 x 8 null 16 x 11 null 24 x 14 null 16 x 11 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,420 | $29,040 |
| Gross rental income (income/principal ratio) | 0.807% | 9.683% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $121 | $1,452 |
| Management Fee | $194 | $2,324 |
| Expense / Income Ratio | 15.50% | 15.50% |
| Cash Flow | $1,731 | $20,772 |
| Net Operating Income (NOI) | $1,731 | $20,772 |
| Capitalization Rate | 0.58% | 6.93% |
Capitalization Rate: 6.93%
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).): $428,429
