1 Mahogany Place
St. John's, NL, A1H1A3
3 Beds | 3 Baths
$549,900
About the property (MLS: 1284280):
POOL PARTY! Escape to your private oasis with this stunning home featuring a sparkling in-ground pool, perfect for summer fun and relaxation. Imagine lazy afternoons lounging by the pool, enjoying the sun-drenched patio, and hosting unforgettable gatherings with friends and family. This fully developed Southlands home offers a blend of comfort, convenience and luxury! There are 3-bedrooms (possible 4th in basement), 3-bathrooms, a rec-room and lots of storage options. Some highlights include: a formal porch, crown moldings, hardwood stairs, propane fireplace, mini split heat pump, main floor laundry, ensuite with jacuzzi tub, drive-through garage and new patio with gazebo (2024). Recent updates include: roof (2021), new driveway (2021), kitchen upgrades (2022), new pool pump (2023), new light fixtures throughout (2023) and fireplace mantle upgrade (2024). This well cared for home is close to a golf course, walking trails, schools, shopping, the Summit & Reid Center… also only a couple minutes drive to Costco! (id:56688)
Property Details
Listing ID: 28229130
Address: 1 Mahogany Place, St. John's, Newfoundland & Labrador, Canada A1H1A3
Status: Active
Last updated: 16 days ago ( May 4, 2025 )
Year Built: 2004
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: 3
1/2 Baths: 0
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 2,700 square feet
Price per sq ft: $204
Tax Annual Amount: $3,704
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? Yes
Pool Features: Inground pool
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Oil
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.494536, -52.817291]
Rooms
| Basement | Recreation room | 21x13 null |
| Main level | Primary Bedroom Dining room Living room Kitchen | 11x16 null 10.2x13.10 null 14x13.10 null 11.8x14.4 null |
| Second level | Bedroom Bedroom | 12.10x10.20 null 12.2x12 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,971 | $35,652 |
| Gross rental income (income/principal ratio) | 0.540% | 6.483% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $688 | $8,256 |
| Vacancy | $149 | $1,783 |
| Management Fee | $238 | $2,853 |
| Expense / Income Ratio | 23.16% | 23.16% |
| Cash Flow | $1,897 | $22,764 |
| Net Operating Income (NOI) | $1,897 | $22,764 |
| Capitalization Rate | 0.34% | 4.14% |
