For sale · MLS® 1301757
72 Readers Hill Road
Conception Bay South, NL, A1W5B9
List price
$509,900
About this propertyMLS® 1301757
Brand new modern 3-bedroom, 2-bath split-entry home under construction on a large lot with ocean views of conception bay. Enjoy the freedom to choose your interior and exterior finishes to make it yours. This home features a bright open-concept kitchen, dining, and living area, a spacious front porch, and a 10x10 back patio overlooking conception bay. The primary bedroom includes an ensuite. Downstairs has an unfinished ICF basement with a laundry room, rec-room and has the possibility for a future apartment. Complete with a double paved driveway and front landscaping. (id:56688)
Property details
Coordinates: [47.507204, -52.964599]
Rooms
| Main level | Porch Bedroom Living room Bedroom Primary Bedroom Kitchen | 6x9 null 9.5x9.5 null 10.9x13.3 null 9.5x9.5 null 11.1x14.1 null 15.3x12 null |
Basic Calculator
First Mortgage: $407,920
Mortgage insurance premium: $0
Total Financing: $407,920
Rough closing fee (1.5%): ~ $7,649
Total downpayment with estimated closing fee: $109,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,449 | $29,388 |
| Gross rental income (income/principal ratio) | 0.480% | 5.763% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $638 | $7,656 |
| Vacancy | $123 | $1,470 |
| Management Fee | $196 | $2,352 |
| Expense / Income Ratio | 26.05% | 26.05% |
| Cash Flow | $1,493 | $17,916 |
| Net Operating Income (NOI) | $1,493 | $17,916 |
| Capitalization Rate | 0.29% | 3.51% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.