About the property (MLS: 1286969):
Experience country-style living at its best! This charming property features a functional semi-open concept layout with a good-sized primary bedroom and vintage bathroom. The unfinished basement offers potential to create your own unique space. Enjoy the bonus of a large, pie-shaped lot – full of possibilities. Bring your vision and TLC to make this your new home! (id:56688)
Property Details
MLS: 1286969
Listing ID: 28529062
Address: 34 Anchorage Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4V8
Status: Active
Last updated: 2 days ago ( Jul 9, 2025 )
Year Built: 1950
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,125 square feet
Price per sq ft: $95
Tax Annual Amount: $1,204
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block, Concrete
Heating: Forced air, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.511994, -52.964357]
Listing ID: 28529062
Address: 34 Anchorage Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4V8
Status: Active
Last updated: 2 days ago ( Jul 9, 2025 )
Year Built: 1950
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,125 square feet
Price per sq ft: $95
Tax Annual Amount: $1,204
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block, Concrete
Heating: Forced air, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.511994, -52.964357]
Rooms
Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Living room Kitchen Foyer | 4 pc 8.9x10.4 null 9x9 null 11.2x7.2 null 11.11x16.8 null 11.4x11.1 null 6x6 null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,338 | $28,056 |
Gross rental income (income/principal ratio) | 1.170% | 14.035% |
Mortgage | $0 | $0 |
Monthly Expenses | $250 | $3,000 |
Vacancy | $117 | $1,403 |
Management Fee | $188 | $2,245 |
Expense / Income Ratio | 10.69% | 10.69% |
Cash Flow | $1,785 | $21,420 |
Net Operating Income (NOI) | $1,785 | $21,420 |
Capitalization Rate | 0.89% | 10.72% |
Capitalization Rate: 10.72%
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).): $285,572