About this propertyMLS® 1301878
Welcome to the much anticipated Southern Edge Subdivision brought to you by award-winning builder Reardon Construction and Development, located in a quiet area of Goulds. The first new development for the area in over 10 years, this is finally your chance to own a new home in this community. This spectacular plan sits on a great lot, with an amazing open concept main floor layout with sliding patio door to the pressure treated deck, 3 bedrooms and bathroom with a master that sports a great ensuite and awesome walk in closet. Store all of your toys in the large in house garage. Within walking distance to three amazing schools with fantastic French and athletic programs. With almost every amenity and service, you can think of just at your fingertips you will be pleased to know that doctors offices, dentists offices, pharmacies, chiropractors offices, optometrists offices, hair salons, dog groomers, grocery store, hardware store, post office, restaurants, pubs, churches, and recreation are just around the corner. Located less than 15 minutes to downtown St. John's, to Mount Pearl shopping Centres and scenic Petty Harbour and Maddox Cove. A hop, skip, and a jump from beautiful Forest Pond and Second Pond as well as kilometers of walking trails, fantastic snowmobiling, and ATV-ing - you are never far from the outdoors. Measurements and layouts may not be exactly as shown. Property may not be on a permanent corner lot as development continues. (id:56688)
Property details
Coordinates: [47.457415, -52.766693]
Rooms
| Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 3PC null 4PC null 9.5x8.7 null 10x9 null 13.4x11.8 null 19.3x13.4 null 13.9x12 null |
Basic Calculator
First Mortgage: $399,200
Mortgage insurance premium: $0
Total Financing: $399,200
Rough closing fee (1.5%): ~ $7,485
Total downpayment with estimated closing fee: $107,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,279 | $27,348 |
| Gross rental income (income/principal ratio) | 0.457% | 5.481% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $624 | $7,488 |
| Vacancy | $114 | $1,368 |
| Management Fee | $183 | $2,188 |
| Expense / Income Ratio | 27.38% | 27.38% |
| Cash Flow | $1,359 | $16,308 |
| Net Operating Income (NOI) | $1,359 | $16,308 |
| Capitalization Rate | 0.27% | 3.27% |
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