6 Prospero Place
St. John’s, NL, A1B3W7
3 Beds | 2 Baths
$200,000
About the property (MLS: 1284655):
This lovely home sits on an oversized corner lot. The backyard features a large deck and a storage shed. The main floor offers a spacious living room, dining room and kitchen. Upstairs you will find 3 good sized bedrooms and a full bathroom. The basement has a storage room, rec room, laundry and half bath. The area is close to all amenities, Avalon mall, MUN and the health science centre. You can own this home for less then renting! It would make a great home to live in while you renovated it to put your own personal touches on or a great investment property. (id:56688)
Property Details
Listing ID: 28271798
Address: 6 Prospero Place, St. John’s, Newfoundland & Labrador, Canada A1B3W7
Status: Active
Last updated: 14 days ago ( May 7, 2025 )
Year Built: 1978
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,551 square feet
Price per sq ft: $129
Tax Annual Amount: $1,294
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.556324, -52.748144]
Rooms
| Basement | Laundry room Recreation room | 9.1 x 13.1 null 14.2 x 15.1 null |
| Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 8.3 x 8.6 null 8.11 x 13.8 null 8.8 x 9.10 null 8.11 x 13.4 null |
| Main level | Living room Dining room Kitchen | 10.4 x 15.6 null 8.1 x 13.8 null 9.1 x 13.8 null |
Basic Calculator
First Mortgage: $160,000
Mortgage insurance premium: $0
Total Financing: $160,000
Rough closing fee (1.5%): ~ $3,000
Total downpayment with estimated closing fee: $43,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,707 | $20,484 |
| Gross rental income (income/principal ratio) | 0.853% | 10.242% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $86 | $1,025 |
| Management Fee | $137 | $1,639 |
| Expense / Income Ratio | 14.65% | 14.65% |
| Cash Flow | $1,236 | $14,832 |
| Net Operating Income (NOI) | $1,236 | $14,832 |
| Capitalization Rate | 0.62% | 7.42% |
