17 James Lane
St. John's, NL, A1E3H3
4 Beds | 2 Baths
$199,900
About the property (MLS: 1286923):
Welcome to 17 James Lane - the original James Family Farm house. This historic home sits on a large 50x210 lot featuring 4 Beds, 1.5 bath rooms and plenty of history and character! Located close to schools, shopping, and downtown amenities, this home is full of potential! (id:56688)
Property Details
MLS: 1286923
Listing ID: 28537152
Address: 17 James Lane, St. John's, Newfoundland & Labrador, Canada A1E3H3
Status: Active
Last updated: 12 days ago ( Jun 30, 2025 )
Year Built: 1925
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,639 square feet
Price per sq ft: $122
Tax Annual Amount: $1,658
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Hot water radiator heat, Oil
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.542087, -52.738239]
Listing ID: 28537152
Address: 17 James Lane, St. John's, Newfoundland & Labrador, Canada A1E3H3
Status: Active
Last updated: 12 days ago ( Jun 30, 2025 )
Year Built: 1925
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,639 square feet
Price per sq ft: $122
Tax Annual Amount: $1,658
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Hot water radiator heat, Oil
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.542087, -52.738239]
Rooms
| Second level | Primary Bedroom Bedroom Bedroom Bedroom | 14x13 null 14x12 null 12x12 null 12x11 null |
| Main level | Living room Kitchen | 17x16 null 14x16 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 | $1,803 | $21,636 |
| Gross rental income (income/principal ratio) | 0.902% | 10.823% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $91 | $1,082 |
| Management Fee | $145 | $1,731 |
| Expense / Income Ratio | 13.87% | 13.87% |
| Cash Flow | $1,319 | $15,828 |
| Net Operating Income (NOI) | $1,319 | $15,828 |
| Capitalization Rate | 0.66% | 7.92% |
Capitalization Rate: 7.92%
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
