About the property (MLS: 1292975):
This modern style 2 story with attached garage is starting soon on Spruce Hill Road. The main level features open concept dining area, kitchen, living area, 1/2 bathroom, main floor office, mudroom, large pantry, dual mini split. The 2nd level features master bedroom with ensuite & walk in closet, 2 large bedrooms, laundry and main bath. We have an Interior designer to help guide you through your selections and finishes. This is designed & built by Hyde Park Homes. (id:56688)
Property Details
MLS: 1292975
Listing ID: 29145179
Address: 18 Reddley Place, CBS, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: 2 days ago ( Jan 23, 2026 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Mini-Split
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 3,132 square feet
Price per sq ft: $267
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Mini-Split
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.528177, -52.929532]
Listing ID: 29145179
Address: 18 Reddley Place, CBS, Newfoundland & Labrador, Canada A1W5P3
Status: Active
Last updated: 2 days ago ( Jan 23, 2026 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Mini-Split
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 3,132 square feet
Price per sq ft: $267
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Mini-Split
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.528177, -52.929532]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 10.6 x 10.4 null 11.10 x 9.6 null 14 x 13.6 null |
| Main level | Office Other Mud room Living room Dining room Kitchen | 12 x 8 null 13.10 x 20 null 9.10 x 7 null 14 x 13.8 null 10.4 x 13.8 null 12.4 x 14.8 null |
Basic Calculator
First Mortgage: $668,000
Mortgage insurance premium: $0
Total Financing: $668,000
Rough closing fee (1.5%): ~ $12,525
Total downpayment with estimated closing fee: $179,525
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,446 | $41,352 |
| Gross rental income (income/principal ratio) | 0.413% | 4.952% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,044 | $12,528 |
| Vacancy | $173 | $2,068 |
| Management Fee | $276 | $3,309 |
| Expense / Income Ratio | 30.30% | 30.30% |
| Cash Flow | $1,955 | $23,460 |
| Net Operating Income (NOI) | $1,955 | $23,460 |
| Capitalization Rate | 0.23% | 2.81% |
Capitalization Rate: 2.81%
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).): $1,192,858




