26 Calver Avenue
St. John's, NL, A1C2X2
3 Beds | 1 Bath
$175,000
About the property (MLS: 1284932):
This fully detached home offers 2-3 off-street parking spaces. The main floor features oak hardwood floors in the living and dining areas and the stairs. There is a 4-piece bathroom and a deck off the dining room. It has been freshly painted. The electric panel was replaced. It is conveniently located close to all amenities, including Memorial University, the hospital, and schools. ALL OFFERS MUST |CONTAIN SIGNED PCDS & FINANCE LETTER (id:56688)
Property Details
MLS: 1284932
Listing ID: 28311236
Address: 26 Calver Avenue, St. John's, Newfoundland & Labrador, Canada A1C2X2
Status: Active
Last updated: 21 days ago ( May 30, 2025 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Mixed Flooring
Living Area Total: 1,440 square feet
Price per sq ft: $122
Tax Annual Amount: $1,264
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Electric
Flooring: Hardwood, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.566752, -52.720527]
Listing ID: 28311236
Address: 26 Calver Avenue, St. John's, Newfoundland & Labrador, Canada A1C2X2
Status: Active
Last updated: 21 days ago ( May 30, 2025 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Mixed Flooring
Living Area Total: 1,440 square feet
Price per sq ft: $122
Tax Annual Amount: $1,264
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Electric
Flooring: Hardwood, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.566752, -52.720527]
Rooms
| Basement | Storage | 12X10 null |
| Second level | Bedroom Bedroom Primary Bedroom | 6.7 10.2 null 12X10.3 null 12X 12 null |
| Main level | Dining room Living room Kitchen | 12X 10.3 null 12X12 null 12X10 null |
Basic Calculator
First Mortgage: $140,000
Mortgage insurance premium: $0
Total Financing: $140,000
Rough closing fee (1.5%): ~ $2,625
Total downpayment with estimated closing fee: $37,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,585 | $19,020 |
| Gross rental income (income/principal ratio) | 0.906% | 10.869% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $219 | $2,628 |
| Vacancy | $80 | $951 |
| Management Fee | $127 | $1,522 |
| Expense / Income Ratio | 13.82% | 13.82% |
| Cash Flow | $1,160 | $13,920 |
| Net Operating Income (NOI) | $1,160 | $13,920 |
| Capitalization Rate | 0.66% | 7.95% |
Capitalization Rate: 7.95%
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).): $250,000
