227 Waterford Bridge Road
St. John's, NL, A1E1E4
4 Beds | 2 Baths
$429,900
About the property (MLS: 1285802):
In the same family since 1969, this well built and maintained 4BR bungalow is in great condition and boasts many fine features. There's lovely oak hard wood floors throughout out the main floor, a terrific oak kitchen and 4 family sized bedrooms. The basement is fully completed and has separate entrance. The 1/4 acre mature lot offers privacy, seclusion and it backs on the beautiful Waterford river. No conveyance of offers prior to 4 pm on June 6th. Offers open for acceptance until 8 pm on June 6th. (id:56688)
Property Details
MLS: 1285802
Listing ID: 28409029
Address: 227 Waterford Bridge Road, St. John's, Newfoundland & Labrador, Canada A1E1E4
Status: Active
Last updated: 15 days ago ( Jun 5, 2025 )
Year Built: 1964
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Oil
Sewer: Municipal sewage system
Flooring: Hardwood
Living Area Total: 2,600 square feet
Price per sq ft: $166
Tax Annual Amount: $2,510
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Baseboard heaters, Oil
Flooring: Hardwood
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.532094, -52.739257]
Listing ID: 28409029
Address: 227 Waterford Bridge Road, St. John's, Newfoundland & Labrador, Canada A1E1E4
Status: Active
Last updated: 15 days ago ( Jun 5, 2025 )
Year Built: 1964
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Oil
Sewer: Municipal sewage system
Flooring: Hardwood
Living Area Total: 2,600 square feet
Price per sq ft: $166
Tax Annual Amount: $2,510
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Baseboard heaters, Oil
Flooring: Hardwood
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.532094, -52.739257]
Rooms
| Basement | Laundry room Storage Bedroom Kitchen Living room | 10 x 10 null 16 x 12 null 14 x 12 null 6 x 10 null 16 x 12 null |
| Main level | Bedroom Bedroom Bedroom Primary Bedroom Porch Not known Dining room Living room/Fireplace | 12 x 9 null 13 x 9-5 null 11 x 10 null 15 x 10 null 11 x 5 null 12 x 11 null 12 x 9 null 13 x 15 null |
Basic Calculator
First Mortgage: $343,920
Mortgage insurance premium: $0
Total Financing: $343,920
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,861 | $34,332 |
| Gross rental income (income/principal ratio) | 0.666% | 7.986% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $538 | $6,456 |
| Vacancy | $144 | $1,717 |
| Management Fee | $229 | $2,747 |
| Expense / Income Ratio | 18.80% | 18.80% |
| Cash Flow | $1,952 | $23,424 |
| Net Operating Income (NOI) | $1,952 | $23,424 |
| Capitalization Rate | 0.45% | 5.45% |
Capitalization Rate: 5.45%
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).): $614,143
