For sale · MLS® 1301310
1 Red Oake Place
Conception Bay south, NL, A1X6K1
3 bd3 ba4,000 sqftBuilt 2026
List price
$1,154,250
About this propertyMLS® 1301310
Custom Home on the ocean.... This executive bungalow was designed for purchasers in their dream location. Fully developed, allowances to customize, attached and detached garage, fully landscaped and a priceless view. Lux Home warranty. Dimensions are approx. PRE SOLD (id:56688)
Property details
MLS®1301310
Listing ID30107342
Address1 Red Oake Place, Conception Bay south, Newfoundland & Labrador, Canada A1X6K1
StatusActive
Last updated3 months ago ( Aug 3, 2026 )
Year Built2026
Property TypeSingle Family
Architectural StyleBungalow
Structure TypeHouse
Ownership TypeFreehold
Number of stories1
Number of Levels1
Beds3
Baths3
1/2 Baths0
HeatingElectric, Mini-Split
SewerMunicipal sewage system
Living Area Total4,000 square feet
Price per sq ft: $289Tax Annual Amount$0
GarageYes
Attached GarageYes
CarportNo
Open ParkingNo
WaterfrontYes
PoolNo
AppliancesSee remarks
Water SourceMunicipal water
RoofFiberglass, Unknown
HeatingElectric, Mini-Split
Exterior FeaturesVinyl siding
CoolingAir exchanger
Common InterestFreehold
Number of photos available1
RurlCoordinates: [47.489797, -53.042451]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Kitchen Eating area Family room | B4 null 13.3 x 13.1 null E3 null 15.6 x 12.6 null 129 x 15.1 null 13.6 x 13.8 null 16.1 x 18.5 null |
Basic Calculator
First Mortgage: $923,400
Mortgage insurance premium: $0
Total Financing: $923,400
Rough closing fee (1.5%): ~ $17,314
Total downpayment with estimated closing fee: $248,164
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,400 | $52,800 |
| Gross rental income (income/principal ratio) | 0.381% | 4.574% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,443 | $17,316 |
| Vacancy | $220 | $2,640 |
| Management Fee | $352 | $4,224 |
| Expense / Income Ratio | 32.80% | 32.80% |
| Cash Flow | $2,385 | $28,620 |
| Net Operating Income (NOI) | $2,385 | $28,620 |
| Capitalization Rate | 0.21% | 2.48% |
Capitalization Rate: 2.48%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $1,648,929
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