About the property (MLS: 1286253):
This lovely home is located right in the middle of the city, just a short walk to parks, Rennie's Mill trails, schools and shopping. It’s been recently updated and is completely move-in ready. The main floor features a bright, spacious living room with original hardwood floors, a separate dining area, and a beautiful new kitchen with a breakfast bar. Off the kitchen, there’s a patio that leads to a large backyard with a storage shed. The yard is partially fenced and backs onto a peaceful green space. Upstairs, you’ll find two large bedrooms and a full bathroom. The basement is fully developed with a laundry room and extra living space that could be used as a rec room, office, or guest area. The home is heated with electric baseboards and two mini-split units for efficient heating and cooling. Plus, the shingles were replaced in 2025. A great spot if you want to be close to everything but still enjoy some privacy in the backyard. Come check it out! Current owner has used room in basement as a bedroom but windows don't meet current egress requirements. As per sellers Direction no conveyance of any written offers prior to Sunday June 15th 2025 at 3 PM. All offers to be left open until 8 PM the same day. (id:56688)
Property Details
Listing ID: 28446079
Address: 44 PORTUGAL COVE Road, ST. JOHN'S, Newfoundland & Labrador, Canada A1B2L9
Status: Active
Last updated: 6 days ago ( Jun 14, 2025 )
Year Built: 1959
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,700 square feet
Price per sq ft: $206
Tax Annual Amount: $2,340
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Alarm System
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.579045, -52.710821]
Rooms
Basement | Bath (# pieces 1-6) Storage Laundry room Other | B3 null 7X10.7 null 7.8X7.10 null 11.2X18.4 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | B4 null 11.5X11.7 null 7.4X11.4 null 8X19.3 null |
Main level | Porch Kitchen Dining room Living room Porch | 4.3X8.10 null 8X10.3 null 8.3X10.2 null 11.4X19.3 null 6X7.5 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,871 | $22,452 |
Gross rental income (income/principal ratio) | 0.535% | 6.417% |
Mortgage | $0 | $0 |
Monthly Expenses | $438 | $5,256 |
Vacancy | $94 | $1,123 |
Management Fee | $150 | $1,797 |
Expense / Income Ratio | 23.41% | 23.41% |
Cash Flow | $1,190 | $14,280 |
Net Operating Income (NOI) | $1,190 | $14,280 |
Capitalization Rate | 0.34% | 4.08% |