About the property (MLS: 1284577):
VACANT...Perfect home for the First Time Homebuyer or Investor. 4 Bedroom townhouse located in the west end of St. John's. Close to the Village Mall, Dominion Grocery Store, schools and the crosstown arterial. This 4-bedroom home is currently vacant and in move in ready condition. This home is very bright and spacious and offers you your very own beautiful garden oasis. With 2 car parking, lots of storage and a 4th bedroom/rec room this home offers great value and is a must see. Offer Presentation Thurs. May 9th 2025 5pm. (id:56688)
Property Details
MLS: 1284577
Listing ID: 28258320
Address: 46 Eastaff Street, St. John's, Newfoundland & Labrador, Canada A1E2J4
Status: Active
Last updated: 16 days ago ( May 5, 2025 )
Year Built: 1976
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,680 square feet
Price per sq ft: $143
Tax Annual Amount: $2,302
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Mixed Flooring
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.539001, -52.748625]
Listing ID: 28258320
Address: 46 Eastaff Street, St. John's, Newfoundland & Labrador, Canada A1E2J4
Status: Active
Last updated: 16 days ago ( May 5, 2025 )
Year Built: 1976
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,680 square feet
Price per sq ft: $143
Tax Annual Amount: $2,302
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Mixed Flooring
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.539001, -52.748625]
Rooms
Basement | Laundry room Other Bedroom | 16.3x10.5 null 10x8.1 null 11.7x9.4 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4.10x7 null 11.6x7.2 null 15.4x7.9 null 12.6x12.3 null |
Main level | Living room Dining room Kitchen | 20.3x12.3 null 13.9x7.8 null 9.2x7.10 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,849 | $22,188 |
Gross rental income (income/principal ratio) | 0.771% | 9.249% |
Mortgage | $0 | $0 |
Monthly Expenses | $300 | $3,600 |
Vacancy | $93 | $1,110 |
Management Fee | $148 | $1,776 |
Expense / Income Ratio | 16.22% | 16.22% |
Cash Flow | $1,309 | $15,708 |
Net Operating Income (NOI) | $1,309 | $15,708 |
Capitalization Rate | 0.55% | 6.55% |
Capitalization Rate: 6.55%
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).): $342,715