About this propertyMLS® 1297586
Welcome to one of Conception Bay South’s newest communities, known for its warmer temperatures, friendly neighbours, and proximity to the Royal Newfoundland Yacht Club. Nestled on a quiet cul-de-sac, this newly constructed modern bungalow offers contemporary design and comfortable coastal living. The bright open-concept main floor features black-trimmed windows, rich flooring, quality finishes, a spacious living and dining area, and a beautiful kitchen with large pantry and additional sink. The primary suite includes a luxurious ensuite and walk-in closet, with two additional bedrooms, a full bath, and main-floor laundry completing the space. The unfinished lower level provides excellent potential for future development, while energy-efficient heating, a mini-split system, and attached double garage add comfort and convenience. Outside, enjoy the deck, large level lot, and drive-in access, with plenty of room to add a detached garage. Modern, thoughtfully designed, and ideally located—this home is ready to impress. (id:56688)
Property details
Coordinates: [47.528495, -52.932204]
Rooms
| Main level | Not known Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 8.3 x 8.6 null 10.8 x 9.3 null 11.2 x 12 null 15 x 14 null 14.4 x 11 null 14.4 x 11 null 20 x 15.9 null |
Basic Calculator
First Mortgage: $695,920
Mortgage insurance premium: $0
Total Financing: $695,920
Rough closing fee (1.5%): ~ $13,049
Total downpayment with estimated closing fee: $187,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,062 | $48,744 |
| Gross rental income (income/principal ratio) | 0.467% | 5.603% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,088 | $13,056 |
| Vacancy | $204 | $2,438 |
| Management Fee | $325 | $3,900 |
| Expense / Income Ratio | 26.78% | 26.78% |
| Cash Flow | $2,446 | $29,352 |
| Net Operating Income (NOI) | $2,446 | $29,352 |
| Capitalization Rate | 0.28% | 3.37% |
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