About this propertyMLS® 1302343
Enjoy beautiful views of Conception Bay and incredible sunsets right from your back deck! Located in the sought after Manuels area, this beautifully maintained home shows true pride of ownership inside and out, with stunning manicured landscaping adding to its curb appeal. The main level offers a spacious foyer, eat-in kitchen with direct patio access, dining area with built-in electric fireplace, comfortable living room, half bath and main floor laundry. Upstairs, you’ll find a large primary bedroom complete with a full ensuite and walk-in closet, along with two additional bedrooms and the main bathroom. The fully developed basement adds even more living space with a walkout to the backyard, rec room, bedroom currently being used as an office, full bathroom, storage room and an additional 12 x 9 unfinished space offering plenty of potential. Additional updates include shingles approximately 5 years old and a hot water tank replaced in 2022. As per the seller’s direction, no conveyance of offers will occur before Monday, August 31 at 6:00 PM. All offers must remain open until 11:00 PM. (id:56688)
Property details
Coordinates: [47.518179, -52.953304]
Rooms
| Basement | Not known Bath (# pieces 1-6) Bedroom Recreation room Storage | 9 x 12 null 6 x 6 null 9 x 11 null 10 x 10 null 16 x 11 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 8 x 6 null 10 x 11 null 10 x 11 null 5 x 9 null 18 x 15 null |
| Main level | Bath (# pieces 1-6) Living room Dining room Kitchen Foyer | 6 x 4 null 13 x 12 null 12 x 12 null 11 x 17 null 9 x 8 null |
Basic Calculator
First Mortgage: $311,200
Mortgage insurance premium: $0
Total Financing: $311,200
Rough closing fee (1.5%): ~ $5,835
Total downpayment with estimated closing fee: $83,635
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,588 | $31,056 |
| Gross rental income (income/principal ratio) | 0.665% | 7.984% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $487 | $5,844 |
| Vacancy | $130 | $1,553 |
| Management Fee | $208 | $2,485 |
| Expense / Income Ratio | 18.82% | 18.82% |
| Cash Flow | $1,765 | $21,180 |
| Net Operating Income (NOI) | $1,765 | $21,180 |
| Capitalization Rate | 0.45% | 5.44% |
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