288 Pennywell Road
St. John's, NL, A1C2M4
3 Beds | 1 Bath
$235,000
About the property (MLS: 1285281):
Could this be your new home? If you've been waiting for a move in ready, detached bungalow close to schools, hospitals, highway, center city, restaurants and more with a fenced backyard, parking and all the work completed for you? Well, THIS is the house for you! Located at 288 Penneywell Road, this charming and beautifully cared for home has had more upgrades in the last couple years than you'd ever imagine!! From windows, siding, front door, electrical upgrade to a 200 amp panel, eavestrough, venting, oil heat removed and electric heat added, new gyprok in many areas, new hall closet, foil for insulation in crawl space, R50 insulation in the attic, the backyard completely prepped for new sods (backyard was completely weeds and bamboo like shoots when current owner purchased), new bathtub, new hot water heater, new stove, washer and dryer, insulated and vapor barriered basement and above all this, off street parking with a side driveway!! With 3 bedrooms (1 currently used as an office space), spacious bathroom, living room, large open kitchen, dining and tv room (or playroom whatever you need it for), mud room, laundry room and basement that you absolutely can develop further (or use for tons of clean storage), this house just simply needs its new owner! Book your viewing today because this one is going to go fast! As per the Sellers Direction, there will be no conveyance of offers until 2pm on Sunday May 25th with offers to be left open until 6pm same day. (id:56688)
Property Details
Listing ID: 28343937
Address: 288 Pennywell Road, St. John's, Newfoundland & Labrador, Canada A1C2M4
Status: Active
Last updated: 18 days ago ( Jun 3, 2025 )
Year Built: 1957
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,200 square feet
Price per sq ft: $196
Tax Annual Amount: $1,449
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.558481, -52.731613]
Rooms
| Main level | Laundry room Living room Bedroom Bedroom Bath (# pieces 1-6) Bedroom Family room Not known | 7 x 9 null 10 x 18 null 9.7 x 10 null 10 x 15 null 3PCS null 8 x 10 null 11.6 x 9 null 16 x 10 null |
Basic Calculator
First Mortgage: $188,000
Mortgage insurance premium: $0
Total Financing: $188,000
Rough closing fee (1.5%): ~ $3,525
Total downpayment with estimated closing fee: $50,525
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,320 | $15,840 |
| Gross rental income (income/principal ratio) | 0.562% | 6.740% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $294 | $3,528 |
| Vacancy | $66 | $792 |
| Management Fee | $106 | $1,268 |
| Expense / Income Ratio | 22.27% | 22.27% |
| Cash Flow | $855 | $10,260 |
| Net Operating Income (NOI) | $855 | $10,260 |
| Capitalization Rate | 0.36% | 4.37% |
