About the property (MLS: 1284728):
This home has been extensively renovated over the last few years to accommodate the owners. The roof was done last year, Andrew McDonald did the Cape Cod siding and windows 2014, the bathroom was redone fully 2014, and a 200-amp service was put in. The location is impressive, and the piece of land is oversized to accommodate an extension on the house, a detached garage, or a soccer pitch for the kids in the neighbourhood to come play in with access off Glenridge Crescent. The landscaping and fence was done from 2017-2020. The only thing not done to this home is the kitchen; they have plans drawn for an extension and a new kitchen. As a bonus, the owner has an EV and has put an outside plug in it for charging at home. Do not miss your chance to live in this wonderful east end home and area and make your roots in a new home. Public Open House Sunday May 11th 2-4PM As per the Sellers Directive, there will be no conveyance of any written offers before 8 pm on May 12, 2025 and all offers are to remain open for consideration until 11 pm on May 12, 2025 (id:56688)
Property Details
Listing ID: 28286715
Address: 8 Kerry Street, St. John's, Newfoundland & Labrador, Canada A1A2E8
Status: Active
Last updated: 2 days ago ( May 12, 2025 )
Year Built: 1943
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Hot water radiator heat
Sewer: Municipal sewage system
Flooring: Hardwood
Living Area Total: 3,098 square feet
Price per sq ft: $155
Tax Annual Amount: $2,730
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat
Flooring: Hardwood
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 38
Rurl
Coordinates: [47.578907, -52.709783]
Rooms
Basement | Bath (# pieces 1-6) Not known Workshop Recreation room Storage | B2 null 21.10x18.2 null 18.3x10.3 null 10.3x15.4 null 14.8x10.5 null |
Second level | Bedroom | 24x11.6 null |
Main level | Ensuite Porch Living room/Fireplace Bath (# pieces 1-6) Not known Dining room Primary Bedroom Bedroom | B2 null 7.6x8 null 13.2x18.7 null B4 null 13.2x10.5 null 13.2x13.2 null 12.8x15.8 null 11.9x12.8 null |
Basic Calculator
First Mortgage: $384,000
Mortgage insurance premium: $0
Total Financing: $384,000
Rough closing fee (1.5%): ~ $7,200
Total downpayment with estimated closing fee: $103,200
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,408 | $40,896 |
Gross rental income (income/principal ratio) | 0.710% | 8.520% |
Mortgage | $0 | $0 |
Monthly Expenses | $600 | $7,200 |
Vacancy | $171 | $2,045 |
Management Fee | $273 | $3,272 |
Expense / Income Ratio | 17.61% | 17.61% |
Cash Flow | $2,365 | $28,380 |
Net Operating Income (NOI) | $2,365 | $28,380 |
Capitalization Rate | 0.49% | 5.91% |