For sale · MLS® 1299777
14 Fort Amherst Road
St. John's, NL, A1C5H2
List price
$549,900
About this propertyMLS® 1299777
Perched in one of St. John's most scenic & historical locations, this unique three bedroom, three bathroom home blends coastal charm with versatile opportunity. From its inviting balconies, take in spectacular views of the narrows, watch cruise ships glide by and enjoy the daily rhythm of local fisherman returning to port. Inside, the home offers spacious living areas filled with natural light and ocean breezes, creating a warm and welcoming atmosphere. With each bedroom thoughtfully designed for comfort and privacy, it's ideal as a family home, a guesthouse, or an income generated Airbnb. This home has three bathrooms, two full ensuites for generating income. Located Just minutes from the downtown hub, you'll be steps away from St. John's vibrant shops, restaurants, and cultural experiences. The property also boasts stunning views of Cabot Tower - a reminder of the city's rich history and timeless beauty. Whether you're looking for a peaceful retreat, a smart investment, or a place to share Newfoundland's charm with visitors, this oceanside gem delivers it all. (id:56688)
Property details
Coordinates: [47.564547, -52.688621]
Rooms
| Second level | Bath (# pieces 1-6) Dining room Living room Kitchen | 6.6 x 8.9 null 17 x 15 null 13.6 x 16.4 null 9.8 x 12.11 null |
| Main level | Laundry room Ensuite Bedroom Ensuite Bedroom | 4.11 x 9.4 null 5.1 x 6.2 null 9.5 x 10.7 null 4.9 x 9.4 null 9.1 x 11.8 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,348 | $16,176 |
| Gross rental income (income/principal ratio) | 0.245% | 2.942% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $688 | $8,256 |
| Vacancy | $68 | $809 |
| Management Fee | $108 | $1,295 |
| Expense / Income Ratio | 51.04% | 51.04% |
| Cash Flow | $485 | $5,820 |
| Net Operating Income (NOI) | $485 | $5,820 |
| Capitalization Rate | 0.09% | 1.06% |
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