About the property (MLS: 1286126):
Backing onto the peaceful green space of Cherry Hill Park — complete with tennis courts, a playground — this spacious 9-bedroom(or have less bedrooms and more walk in closets), 2.5-bathroom home offers an unbeatable location and incredible potential. Whether you’re a large family looking for room to grow or a savvy investor seeking an excellent opportunity, this property checks all the boxes. Located minutes from MUN, CNA, the Marine Institute, Churchill Park, hospitals, schools, nature trails, and shopping, it’s ideal for students, professionals, or multigenerational living. This estate sale home features:•New roof shingles (2018) •Updated flooring in all second-floor bedrooms •A fully fenced backyard with park over the fence. While some upgrades may be desired, the bones are solid and the potential is exceptional. This is an Estate Sale Being Sold "As Is Where Is", with no property condition disclosure statement. Book your showing today! (id:56688)
Property Details
Listing ID: 28438435
Address: 10 LAUGHLIN Crescent, ST. JOHN'S, Newfoundland & Labrador, Canada A1A2G2
Status: Active
Last updated: a day ago ( Jun 12, 2025 )
Year Built: 1960
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 9
Baths: 3
1/2 Baths: 1
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 3,303 square feet
Price per sq ft: $122
Tax Annual Amount: $3,354
Tax Year: 2025
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: Forced air, Oil
Flooring: Hardwood, Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.584665, -52.713374]
Rooms
Basement | Bath (# pieces 1-6) Storage Storage Storage | 2 PC null 17.6 X 11.5 null 25.5 X 12.9 null 21.5 X 8.9 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Bedroom Bedroom Primary Bedroom | 3 PC null 9.8 X 9.5 null 9.8 X 9.11 null 13.6 X 9.4 null 13.6 X 9.4 null 13.6 X 11.1 null 14.9 X 9.9 null |
Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Bedroom Kitchen Dining room Living room | 6.3 X 7.6 null 3 PC null 9.11 x 12.7 null 9.11 x 9.2 null 14.6 x 9.9 null 11.4 x 16.11 null 9.1 x 9.2 null 24.10 x 13.1 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,634 | $43,608 |
Gross rental income (income/principal ratio) | 0.909% | 10.905% |
Mortgage | $0 | $0 |
Monthly Expenses | $500 | $6,000 |
Vacancy | $182 | $2,181 |
Management Fee | $291 | $3,489 |
Expense / Income Ratio | 13.76% | 13.76% |
Cash Flow | $2,662 | $31,944 |
Net Operating Income (NOI) | $2,662 | $31,944 |
Capitalization Rate | 0.67% | 7.99% |