
About the property (MLS: 1291408):
Custom built 2-storey turnkey home pre sold to be built by Cobra Framing in Buckingham Estates. (id:56688)
Property Details
MLS: 1291408
Listing ID: 28971841
Address: 19 Blue Spruce Drive, Conception Bay South, Newfoundland & Labrador, Canada A1W0H5
Status: Active
Last updated: a month ago ( Oct 14, 2025 )
Year Built: 2025
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: 3
1/2 Baths: 1
Heating: Heat Pump
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 4,385 square feet
Price per sq ft: $203
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.521149, -52.925805]
Listing ID: 28971841
Address: 19 Blue Spruce Drive, Conception Bay South, Newfoundland & Labrador, Canada A1W0H5
Status: Active
Last updated: a month ago ( Oct 14, 2025 )
Year Built: 2025
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: 3
1/2 Baths: 1
Heating: Heat Pump
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 4,385 square feet
Price per sq ft: $203
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.521149, -52.925805]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Ensuite Primary Bedroom | 3PC null 14.3 x 12.0 null 12.0 x 11.5 null 12.0 x 11.2 null 4PC null 13.3 x 15.8 null |
| Main level | Mud room Laundry room Family room/Fireplace Dining room Kitchen Living room Bath (# pieces 1-6) Porch | 11.0 x 4.3 null 9.0 x 6.8 null 14.6 x 19.0 null 12.0 x 19.0 null 13.5 x 19.0 null 12.0 x 16.4 null 1/2 null 12.2 x 5.10 null |
Basic Calculator
First Mortgage: $711,200
Mortgage insurance premium: $0
Total Financing: $711,200
Rough closing fee (1.5%): ~ $13,335
Total downpayment with estimated closing fee: $191,135
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,824 | $57,888 |
| Gross rental income (income/principal ratio) | 0.543% | 6.512% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,112 | $13,344 |
| Vacancy | $242 | $2,895 |
| Management Fee | $386 | $4,632 |
| Expense / Income Ratio | 23.05% | 23.05% |
| Cash Flow | $3,085 | $37,020 |
| Net Operating Income (NOI) | $3,085 | $37,020 |
| Capitalization Rate | 0.35% | 4.16% |
Capitalization Rate: 4.16%
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).): $1,270,000


