For sale · MLS® 1300034
5 Reddley Place
Conception Bay South, NL, A1W5M4
List price
$849,900
About this propertyMLS® 1300034
Welcome to a community like no other! Known for its warmer temperatures, friendly neighbours, and close proximity to the Royal Newfoundland Yacht Club, Reddley Place and Luna Place is poised to become one of Conception Bay South’s most desirable enclaves. Nestled in a peaceful cul-de-sac, Newly designed modern bungalow that blends contemporary design with coastal living Starting construction soon. Step inside and be greeted by an airy open-concept layout with striking black-trimmed windows, rich flooring, and premium finishes throughout. The main level features a bright living and dining area, a dream kitchen with large pantry, with bonus sinks and a spacious primary suite with a luxurious ensuite and walk-in closet. Two additional bedrooms, a full bath, and convenient main-floor laundry make this level ideal for modern family living. Enjoy quiet mornings or evening sunsets on the deck. With the large level lot with drive in access there is lots of room to add a detached garage. If you’re looking for quality craftsmanship, thoughtful design, and a location that offers both serenity and connection, this home truly checks all the boxes. (id:56688)
Property details
Coordinates: [47.52885, -52.931174]
Rooms
| Main level | Not known Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 6 x 6 null 11 x 10 null 15 x 13 null 16 x 14 null 14.4 x 14 null 11 x 13 null 16 x 18 null |
Basic Calculator
First Mortgage: $679,920
Mortgage insurance premium: $0
Total Financing: $679,920
Rough closing fee (1.5%): ~ $12,749
Total downpayment with estimated closing fee: $182,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,031 | $24,372 |
| Gross rental income (income/principal ratio) | 0.239% | 2.868% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,063 | $12,756 |
| Vacancy | $102 | $1,219 |
| Management Fee | $163 | $1,950 |
| Expense / Income Ratio | 52.34% | 52.34% |
| Cash Flow | $704 | $8,448 |
| Net Operating Income (NOI) | $704 | $8,448 |
| Capitalization Rate | 0.08% | 0.99% |
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