24 Frampton Avenue
St. John's, NL, A1A0R9
3 Beds | 3 Baths
$759,900
About the property (MLS: 1291057):
Another quality-built home by Horizon Homes Limited. Three-bedroom bungalow under construction in the beautiful Estates at Clovelly. Features a large open main floor plan with living room with propane fireplace. Living room, kitchen and dining room have a 10’ floor ceiling, all other areas are 8’. Basement is partially developed with a recreation room, a bedroom and a bathroom. HST included in purchase price when purchased as a principal residence. (id:56688)
Property Details
MLS: 1291057
Listing ID: 28939899
Address: 24 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: 2 months ago ( Nov 24, 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: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,739 square feet
Price per sq ft: $278
Tax Annual Amount: $6,916
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.618673, -52.702946]
Listing ID: 28939899
Address: 24 Frampton Avenue, St. John's, Newfoundland & Labrador, Canada A1A0R9
Status: Active
Last updated: 2 months ago ( Nov 24, 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: 3
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,739 square feet
Price per sq ft: $278
Tax Annual Amount: $6,916
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.618673, -52.702946]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Recreation room | 3 Pce null 13’ 7” x 17’ 8” null 23’ 4” x 34’ 3” null |
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Pantry Kitchen Dining room Living room/Fireplace | 5’ 1” x 5’ 8” null 4 Pce null 9’ 4” x 12’ 11” null 10’ 7” x 12’ 10 null 4 Pce null 11’ 6” x 17’ 10 null 4 Pce null 5’ x 5’ 6” null 10’ 7” x 12’ 3” null 8’ 7” x 12’ 3” null 14’ 2” x 15’ 3” null |
Basic Calculator
First Mortgage: $607,920
Mortgage insurance premium: $0
Total Financing: $607,920
Rough closing fee (1.5%): ~ $11,399
Total downpayment with estimated closing fee: $163,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,013 | $36,156 |
| Gross rental income (income/principal ratio) | 0.396% | 4.758% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $950 | $11,400 |
| Vacancy | $151 | $1,808 |
| Management Fee | $242 | $2,893 |
| Expense / Income Ratio | 31.53% | 31.53% |
| Cash Flow | $1,672 | $20,064 |
| Net Operating Income (NOI) | $1,672 | $20,064 |
| Capitalization Rate | 0.22% | 2.64% |
Capitalization Rate: 2.64%
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).): $1,085,572
