For sale · MLS® 1301988
3 Sprucedale Drive
St John's, NL, A1H0B9
List price
$359,000
About this propertyMLS® 1301988
A Great opportunity to get into Southlands. This one needs some TLC, and is being Sold As Is Where Is. On the main floor you will find a half bath, hardwood floors on the main and upper level with a hardwood staircase. Birch cupboards in the kitchen, a sizeable primary bedroom with a walk in closet and ensuite, 2 more bedrooms upstairs with a full bathroom. The basement has a developed family room for the kids, and if you are a pet owner this home boasts a fully fenced backyard. There is also a storage shed for the snow and mow items. Don't miss out, call today! As per Seller’s Direction, there will be no conveyance of offers prior to 11:00 AM on August 31, 2026. Offers are to remain open until 3:00 PM on August 31, 2026. (id:56688)
Property details
Coordinates: [47.493223, -52.808586]
Rooms
| Second level | Ensuite Primary Bedroom Bath (# pieces 1-6) Bedroom Bedroom | 6.9 x 5.1 null 12.4 x 14.3 null 6.9 x 7.3 null 8.8 x 9.7 null 8.2x9.6 null |
| Main level | Living room Bath (# pieces 1-6) Dining room Kitchen | 14.4 x 21.9 null 6.9 x 4.0 null 10.10x15.8 null 8.6x9.7 null |
| Basement | Living room Other Other | 19.5x14.3 null 19.5x19.3 null 19.5x19.7 null |
Basic Calculator
First Mortgage: $287,200
Mortgage insurance premium: $0
Total Financing: $287,200
Rough closing fee (1.5%): ~ $5,385
Total downpayment with estimated closing fee: $77,185
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,145 | $25,740 |
| Gross rental income (income/principal ratio) | 0.597% | 7.170% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $449 | $5,388 |
| Vacancy | $108 | $1,287 |
| Management Fee | $172 | $2,060 |
| Expense / Income Ratio | 20.93% | 20.93% |
| Cash Flow | $1,418 | $17,016 |
| Net Operating Income (NOI) | $1,418 | $17,016 |
| Capitalization Rate | 0.39% | 4.74% |
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