About the property (MLS: 1284971):
This modern brand new 2 bedroom 2 bathroom is started construction. Offering open concept living and kitchen area, primary bedroom with ensuite, additional bedroom and bathroom. The lower level can be roughed-in for a 1 bedroom basement apartment or used as future living space as a single family home. Located in a family oriented cul-de-sac close to all schools, shopping & amenities. Double paved driveway, front & back hydroseed lawn. 10 Year Atlantic home Warranty. Hst rebate to be assigned back to vendor on closing. Model picture. (id:56688)
Property Details
MLS: 1284971
Listing ID: 28303989
Address: 21 Maple Oak Path, Conception Bay South, Newfoundland & Labrador, Canada A1X0J6
Status: Active
Last updated: 24 days ago ( May 20, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,824 square feet
Price per sq ft: $206
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 9
Rurl
Coordinates: [47.500489, -53.010975]
Listing ID: 28303989
Address: 21 Maple Oak Path, Conception Bay South, Newfoundland & Labrador, Canada A1X0J6
Status: Active
Last updated: 24 days ago ( May 20, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,824 square feet
Price per sq ft: $206
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 9
Rurl
Coordinates: [47.500489, -53.010975]
Rooms
Main level | Porch Living room/Dining room Kitchen Primary Bedroom Bedroom | 8.3x7.3 null 11.10x16 null 13.5x12.6 null 12.8x11 null 11.5x9.9 null |
Basic Calculator
First Mortgage: $299,920
Mortgage insurance premium: $0
Total Financing: $299,920
Rough closing fee (1.5%): ~ $5,624
Total downpayment with estimated closing fee: $80,604
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,007 | $24,084 |
Gross rental income (income/principal ratio) | 0.535% | 6.424% |
Mortgage | $0 | $0 |
Monthly Expenses | $469 | $5,628 |
Vacancy | $101 | $1,205 |
Management Fee | $161 | $1,927 |
Expense / Income Ratio | 23.37% | 23.37% |
Cash Flow | $1,278 | $15,336 |
Net Operating Income (NOI) | $1,278 | $15,336 |
Capitalization Rate | 0.34% | 4.09% |
Capitalization Rate: 4.09%
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).): $535,572