123 Cole Thomas Drive
CBS, NL, A1X0J9
2 Beds | 2 Baths
$369,900
About the property (MLS: 1285723):
Nearing completion with time to choose your finishes! This well appointed split entry with an inhouse garage/ utility room, features open concept, kitchen eating area and living room. The primary bedroom has a walk in closet and 3 piece ensuite. Bedroom 2 is a great size .Fully insulated basement, lux home warranty, double paved driveway and front landscaping. Hst rebate to be assigned to vendor on closing. (id:56688)
Property Details
MLS: 1285723
Listing ID: 28392518
Address: 123 Cole Thomas Drive, CBS, Newfoundland & Labrador, Canada A1X0J9
Status: Active
Last updated: 13 days ago ( May 30, 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: Laminate
Living Area Total: 1,817 square feet
Price per sq ft: $204
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: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.477756, -53.042021]
Listing ID: 28392518
Address: 123 Cole Thomas Drive, CBS, Newfoundland & Labrador, Canada A1X0J9
Status: Active
Last updated: 13 days ago ( May 30, 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: Laminate
Living Area Total: 1,817 square feet
Price per sq ft: $204
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: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.477756, -53.042021]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Living room Kitchen | B4 null 9 x 12 null E3 null 12.4 x 11 null 12.4 x 14.5 null 12.4 x 14.5 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,999 | $23,988 |
| Gross rental income (income/principal ratio) | 0.540% | 6.485% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $100 | $1,200 |
| Management Fee | $160 | $1,920 |
| Expense / Income Ratio | 23.16% | 23.16% |
| Cash Flow | $1,277 | $15,324 |
| Net Operating Income (NOI) | $1,277 | $15,324 |
| Capitalization Rate | 0.35% | 4.14% |
Capitalization Rate: 4.14%
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).): $528,429
