11 Fencer Place
Conception Bay South, NL, A1X6S5
5 Beds | 4 Baths
$513,500
About the property (MLS: 1284942):
Fully Developed Split Entry 2 apartment with 3 Bedrooms up and 2 Down. Features include, open concept living spaces, landscaping, double paved driveway. 10 Year Atlantic New Home Warranty (id:56688)
Property Details
MLS: 1284942
Listing ID: 28301803
Address: 11 Fencer Place, Conception Bay South, Newfoundland & Labrador, Canada A1X6S5
Status: Active
Last updated: a month ago ( May 13, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,344 square feet
Price per sq ft: $220
Tax Annual Amount: $3,200
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.466977, -53.073125]
Listing ID: 28301803
Address: 11 Fencer Place, Conception Bay South, Newfoundland & Labrador, Canada A1X6S5
Status: Active
Last updated: a month ago ( May 13, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,344 square feet
Price per sq ft: $220
Tax Annual Amount: $3,200
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.466977, -53.073125]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known Bath (# pieces 1-6) Laundry room Recreation room | Three Piece null 5X3 null 11X9 null 12X11 null 10X10 null 10X9 null TWO PIECE null 7x3 null 14x19 null |
| Main level | Ensuite Primary Bedroom Bedroom Bedroom Living room Not known | Three Piece null 15x12 null 14x10 null 12x9 null 15x11 null 19x13 null |
| Lower level | Bath (# pieces 1-6) | Three Piece null |
Basic Calculator
First Mortgage: $410,800
Mortgage insurance premium: $0
Total Financing: $410,800
Rough closing fee (1.5%): ~ $7,703
Total downpayment with estimated closing fee: $110,403
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,579 | $30,948 |
| Gross rental income (income/principal ratio) | 0.502% | 6.027% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $642 | $7,704 |
| Vacancy | $129 | $1,548 |
| Management Fee | $207 | $2,476 |
| Expense / Income Ratio | 24.89% | 24.89% |
| Cash Flow | $1,602 | $19,224 |
| Net Operating Income (NOI) | $1,602 | $19,224 |
| Capitalization Rate | 0.31% | 3.74% |
Capitalization Rate: 3.74%
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).): $733,572
