About the property (MLS: 1284845):
Located in the beautiful community of Conception Bay South, 33 Lance Cove Road offers a 3-bedroom, 2-bathroom home, updated in 2011. The home sits on a large lot with ample outdoor space, perfect for gardening or enjoying the surrounding natural beauty. Inside, you’ll find an open-concept living and dining area with large windows that fill the space with natural light. The modern kitchen is equipped with stainless steel appliances and plenty of cabinetry, ideal for both daily living and entertaining. The spacious Primary bedroom features great closet space and ensuite while the additional two bedrooms are perfect for family or guests. The home includes two well-appointed bathrooms. Outside, the 26x50 outbuilding provides versatile space for a workshop, storage, or hobbies, while the private decks and large lot offer plenty of room for outdoor relaxation. With an ideal location just minutes from CBS amenities and a short drive to downtown St. John’s, this home combines peaceful living with convenient access to city life. Don't miss the opportunity to make this stunning, move-in-ready home yours! (id:56688)
Property Details
Listing ID: 28308432
Address: 33 Lance Cove Road, Conception Bay South, Newfoundland & Labrador, Canada A1X6R6
Status: Active
Last updated: 23 days ago ( May 14, 2025 )
Year Built: 2011
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric, Wood
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,858 square feet
Price per sq ft: $157
Tax Annual Amount: $1,966
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Wood
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 33
Rurl
Coordinates: [47.473355, -53.067064]
Rooms
Basement | Primary Bedroom Family room | 16.40 x 13 null 28 x 15 null |
Main level | Bedroom Kitchen Bedroom Living room | 17 x 9.5 null 16 x 12 null 17 x 9.50 null 18 x 18.5 null |
Basic Calculator
First Mortgage: $231,920
Mortgage insurance premium: $0
Total Financing: $231,920
Rough closing fee (1.5%): ~ $4,349
Total downpayment with estimated closing fee: $62,329
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,044 | $24,528 |
Gross rental income (income/principal ratio) | 0.705% | 8.461% |
Mortgage | $0 | $0 |
Monthly Expenses | $363 | $4,356 |
Vacancy | $103 | $1,227 |
Management Fee | $164 | $1,963 |
Expense / Income Ratio | 17.76% | 17.76% |
Cash Flow | $1,416 | $16,992 |
Net Operating Income (NOI) | $1,416 | $16,992 |
Capitalization Rate | 0.49% | 5.86% |