About the property (MLS: 1286625):
2 Bedroom 2 bathroom Grade Level Bungalow with an attached garage located on a cul-de-sac in Seal Cove, Butlers Sub-division! Features include an open concept floor plan with main floor laundry, large master with a walk in closet and ensuite, upgraded trim package, pot lights, covered porch, 12x12 deck, full landscaping, double paved driveway and 234sqft garage with a garage door operator. Still time to customize the finishes. HST rebate to be assigned to the builder on closing, property backed by 10year Atlantic New Home warranty. (id:56688)
Property Details
MLS: 1286625
Listing ID: 28481588
Address: 7 Fencer Place, Conception Bay South, Newfoundland & Labrador, Canada A1X0M4
Status: Active
Last updated: 8 days ago ( Jun 17, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Living Area Total: 2,362 square feet
Price per sq ft: $182
Tax Annual Amount: $3,000
Garage? Yes
Attached Garage? Yes
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.466233, -53.076978]
Listing ID: 28481588
Address: 7 Fencer Place, Conception Bay South, Newfoundland & Labrador, Canada A1X0M4
Status: Active
Last updated: 8 days ago ( Jun 17, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Living Area Total: 2,362 square feet
Price per sq ft: $182
Tax Annual Amount: $3,000
Garage? Yes
Attached Garage? Yes
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.466233, -53.076978]
Rooms
Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Laundry room Living room Dining nook Kitchen Porch | Three Piece null 10x12 null Three Piece null 14x14 null 7x4 null 16x12.9 null 12.10x10.6 null 12x14 null 6.9x4 null |
Basic Calculator
First Mortgage: $343,600
Mortgage insurance premium: $0
Total Financing: $343,600
Rough closing fee (1.5%): ~ $6,443
Total downpayment with estimated closing fee: $92,343
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,599 | $31,188 |
Gross rental income (income/principal ratio) | 0.605% | 7.261% |
Mortgage | $0 | $0 |
Monthly Expenses | $537 | $6,444 |
Vacancy | $130 | $1,560 |
Management Fee | $208 | $2,496 |
Expense / Income Ratio | 20.66% | 20.66% |
Cash Flow | $1,725 | $20,700 |
Net Operating Income (NOI) | $1,725 | $20,700 |
Capitalization Rate | 0.40% | 4.82% |
Capitalization Rate: 4.82%
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).): $613,572