For sale · MLS® 1300058
22 Reddley Place
Conception Bay South, NL, A1W5M4
List price
$944,000
About this propertyMLS® 1300058
If you are looking for Panoramic 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, Modern two storey with large attached garage and walk out basement. 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. The second level offers a primary bedroom with large walk in closet and a dream ensuite, two additional large bedrooms, a full bath, laundry room 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 landscaped lot. 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: [47.528082, -52.933234]
Rooms
| Main level | Other Not known Mud room Kitchen Dining room Living room | 21 x 20 null 6 x 13.2 null 13.4 x 9 null 14 x 13.2 null 12 x 13.2 null 19 x 15 null |
| Second level | Other Ensuite Bedroom Bedroom Primary Bedroom | 11 x 10.2 null 11 x 15.2 null 12.8 x 10.6 null 12.8 x 11.6 null 16.2 x 13.3 null |
Basic Calculator
First Mortgage: $755,200
Mortgage insurance premium: $0
Total Financing: $755,200
Rough closing fee (1.5%): ~ $14,160
Total downpayment with estimated closing fee: $202,960
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,934 | $47,208 |
| Gross rental income (income/principal ratio) | 0.417% | 5.001% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,180 | $14,160 |
| Vacancy | $197 | $2,361 |
| Management Fee | $315 | $3,777 |
| Expense / Income Ratio | 29.99% | 29.99% |
| Cash Flow | $2,243 | $26,916 |
| Net Operating Income (NOI) | $2,243 | $26,916 |
| Capitalization Rate | 0.24% | 2.85% |
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