For sale · MLS® 1300036
16 Reddley Place
Conception Bay South, NL, A1W5M4
List price
$849,900
About this propertyMLS® 1300036
If you are looking for Ocean Views then this home is the one!! 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 constructed modern bungalow that blends contemporary design with coastal living. Step inside and be greeted by an airy open-concept layout with 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. The additional bedroom, a full bath, and convenient main-floor laundry make this level ideal for modern family living. Downstairs is a walk out basement door with large bright windows. You’ll find lots of space for future development offering endless possibilities, whether you envision a home gym, media space, or guest suite. Energy-efficient heating, a mini split system ensure comfort and convenience, while the attached double garage adds to the home’s functionality. Enjoy quiet mornings or evening sunsets on the deck. With the large fully landscaped 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: [47.52856, -52.932719]
Rooms
| Main level | Other Not known Bedroom Primary Bedroom Kitchen Dining room Living room | 20 x 19 null 5 x 10 null 10 x 10 null 14 x 13 null 14 x 11 null 9 x 11 null 19 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 | $3,411 | $40,932 |
| Gross rental income (income/principal ratio) | 0.401% | 4.816% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,063 | $12,756 |
| Vacancy | $171 | $2,047 |
| Management Fee | $273 | $3,275 |
| Expense / Income Ratio | 31.16% | 31.16% |
| Cash Flow | $1,905 | $22,860 |
| Net Operating Income (NOI) | $1,905 | $22,860 |
| Capitalization Rate | 0.22% | 2.69% |
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