About the property (MLS: 1283628):
127 Groves Road – Executive Hillside Home with City Views, A Country Kitchen & a Spa-inspired Master Bedroom. Set on an oversized hillside lot with sweeping city views, this 4,400-square-foot home has 4 bedrooms, 3.5 baths and offers a thoughtful blend of space, comfort, and functionality. Large windows throughout bring in plenty of natural light, creating a warm and welcoming feel. The heart of the home is a bright, country-style kitchen featuring Corian countertops, double ovens, plenty of cabinets, and a 14x10 solarium—perfect for outdoor grilling on those rainy days. The kitchen flows easily into the dining and living areas and connects to a cozy family room with a 3-way fireplace. Step outside to side and multi-level back decks—great for entertaining, BBQs, or classic kitchen parties. Upstairs, the second floor was completely remodelled in 2004 and includes two of the home’s four bedrooms. One of these bedrooms is a spacious 32' x 13' primary suite with a private 12x7 balcony. The suite also features a spa-like en-suite with a Jacuzzi tub and a custom shower, a breakfast station, a walk-in closet, and in-floor heating for year-round comfort. The fully finished basement adds versatility to the layout, featuring a large rec room, two additional bedrooms, and flexible space ideal for a home office, gym, or guest accommodations. With two storage sheds, great curb appeal, and a layout designed for both everyday living and memorable gatherings, this is a rare opportunity to own a home that offers it all! This home has been pre-inspected for your peace of mind. Schedule your private viewing today! (id:56688)
Property Details
Listing ID: 28216977
Address: 127 Groves Road, St.John's, Newfoundland & Labrador, Canada A1S4L5
Status: Active
Last updated: 5 days ago ( May 15, 2025 )
Year Built: 1975
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Radiant heat, Electric
Sewer: Septic tank
Flooring: Laminate, Ceramic Tile
Fencing: Fence
Living Area Total: 4,409 square feet
Price per sq ft: $137
Tax Annual Amount: $4,339
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Whirlpool, Dishwasher, Microwave, See remarks
Water Source: Dug Well
Foundation Details: Concrete
Heating: Baseboard heaters, Radiant heat, Electric
Flooring: Laminate, Ceramic Tile
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.567945, -52.769926]
Rooms
Basement | Storage Bedroom Bedroom Recreation room | 17 x 6 null 11.5 x 10 null 12 x 10.5 null 30 x 13.5 null |
Second level | Laundry room Bedroom Ensuite Primary Bedroom | 13 x 6.5 null 13 x 12.5 null 15 x 13 null 32 x 12 null |
Main level | Other Family room Dining room Living room Kitchen | 14 x 10 null 19.5 x 13.5 null 14.5 x 14 null 13.5 x 12 null 26 x 17 null |
Basic Calculator
First Mortgage: $480,000
Mortgage insurance premium: $0
Total Financing: $480,000
Rough closing fee (1.5%): ~ $9,000
Total downpayment with estimated closing fee: $129,000
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $4,850 | $58,200 |
Gross rental income (income/principal ratio) | 0.808% | 9.700% |
Mortgage | $0 | $0 |
Monthly Expenses | $750 | $9,000 |
Vacancy | $243 | $2,910 |
Management Fee | $388 | $4,656 |
Expense / Income Ratio | 15.46% | 15.46% |
Cash Flow | $3,470 | $41,640 |
Net Operating Income (NOI) | $3,470 | $41,640 |
Capitalization Rate | 0.58% | 6.94% |