16 Carlow Place
St.John's, NL, A1E6H6
5 Beds | 3 Baths
$399,900
About the property (MLS: 1286909):
Welcome to 16 Carlow Place, St. John's. If you are an investor or someone look for a great property with extra income this is the home for you. The main floor features a nice size living room and eat in kitchen. Down the hallway you will find 3 bedrooms and main bathroom. In the basement you will find a rec room and 1/2 bathroom. In the apartment there is a nice size living room, kitchen, 2 bedrooms bathroom and laundry area. Both units have long tenants that are will to stay. The main unit is rented for $1600 POU and the apartment is $950 POU. (id:56688)
Property Details
Listing ID: 28514345
Address: 16 Carlow Place, St.John's, Newfoundland & Labrador, Canada A1E6H6
Status: Active
Last updated: 9 days ago ( Jul 2, 2025 )
Year Built: 2001
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Carpeted, Other
Living Area Total: 1,900 square feet
Price per sq ft: $211
Tax Annual Amount: $2,787
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: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 49
Rurl
Coordinates: [47.54581, -52.752945]
Rooms
| Basement | Not known Bath (# pieces 1-6) Not known Not known Not known Bath (# pieces 1-6) Recreation room | 8'7 x 10'7 null 4'11 x 7'1 null 9'8 x 11'1 null 9'7 x 11'4 null 10'9 x12'1 null 4'1 x 5'1 null 10'9 x 10'7 null |
| Main level | Primary Bedroom Bedroom Bedroom Bath (# pieces 1-6) Not known Living room | 12'2 x 13'0 null 8'6 x 9'6 null 9'1 x 11'2 null 5'2 x 6'2 null 10'3 x 16'0 null 10'7 x 15'4 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 | $2,090 | $25,080 |
| Gross rental income (income/principal ratio) | 0.523% | 6.272% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $105 | $1,254 |
| Management Fee | $168 | $2,007 |
| Expense / Income Ratio | 23.92% | 23.92% |
| Cash Flow | $1,319 | $15,828 |
| Net Operating Income (NOI) | $1,319 | $15,828 |
| Capitalization Rate | 0.33% | 3.96% |
