45 Freshwater Road
St. John's, NL, A1C2N4
3 Beds | 2 Baths
$199,900
About the property (MLS: 1284116):
Still in need of extensive renovations but a lot of the heavy work has been done. Home is 80% wired and electricity is on, 80% plumbing has been completed, all engineering work has been completed. Top floor is studded out for beautiful primary bedroom with a view of The Narrows along with massive walk in closet and 4 piece ensuite. Second floor is framed for 2 bedrooms, full bathroom and a laundry room. Main floor is ready for insulation and gyproc with a beautiful open concept and 10 foot ceilings. There is also a full basement ideal for storage with a walk out to the back yard. All new vinyl windows have been installed as well. Siding is in site along with some other materials . (id:56688)
Property Details
Listing ID: 28227962
Address: 45 Freshwater Road, St. John's, Newfoundland & Labrador, Canada A1C2N4
Status: Active
Last updated: 2 months ago ( May 13, 2025 )
Year Built: 1967
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,420 square feet
Price per sq ft: $83
Tax Annual Amount: $1,060
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.563032, -52.716711]
Rooms
| Fourth level | Primary Bedroom | 15x18 null |
| Second level | Bedroom Bedroom | 13x13 null 13x13 null |
| Main level | Living room Not known | 15x16 null 15x14 null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,662 | $31,944 |
| Gross rental income (income/principal ratio) | 1.332% | 15.980% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $134 | $1,598 |
| Management Fee | $213 | $2,556 |
| Expense / Income Ratio | 9.39% | 9.39% |
| Cash Flow | $2,066 | $24,792 |
| Net Operating Income (NOI) | $2,066 | $24,792 |
| Capitalization Rate | 1.03% | 12.40% |
