For sale · MLS® 1302601
235 Thorburn Road
St.John's, NL, A1B4R1
2 bd1 ba1,178 sqftBuilt 1947
List price
$199,900
About this propertyMLS® 1302601
Original family home for 80 + years. This 3-bedroom bungalow is conveniently located just minutes from the Avalon Mall and Team Gushue Highway. The house needs some TLC,. Bring the right imagination, and this location could be outstanding. Presently 3 outbuildings on the property and plenty of paved parking. (id:56688)
Property details
MLS®1302601
Listing ID30229040
Address235 Thorburn Road, St.John's, Newfoundland & Labrador, Canada A1B4R1
StatusActive
Last updated2 days ago ( Oct 28, 2026 )
Year Built1947
Property TypeSingle Family
Architectural StyleBungalow
Structure TypeHouse
Number of stories1
Number of Levels1
Beds2
Baths1
1/2 Baths0
HeatingBaseboard heaters, Electric
SewerSeptic tank
FlooringHardwood, Laminate, Carpeted
Living Area Total1,178 square feet
Price per sq ft: $170Tax Annual Amount$1,913
Tax Year2026
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
AppliancesSee remarks
Water SourceDug Well
RoofAsphalt shingle, Unknown
HeatingBaseboard heaters, Electric
FlooringHardwood, Laminate, Carpeted
Exterior FeaturesVinyl siding
Number of photos available12
RurlCoordinates: [47.566775, -52.775208]
Rooms
| Main level | Den Bedroom Bedroom Bedroom Living room Eat in kitchen | 7.6 x 11.6 null 12 x 10 null 11.8 x 6.9 null 11.8 x 6.9 null 15 x 11 null 11 x 11 null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,296 | $15,552 |
| Gross rental income (income/principal ratio) | 0.648% | 7.780% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $65 | $778 |
| Management Fee | $104 | $1,245 |
| Expense / Income Ratio | 19.29% | 19.29% |
| Cash Flow | $878 | $10,536 |
| Net Operating Income (NOI) | $878 | $10,536 |
| Capitalization Rate | 0.44% | 5.27% |
Capitalization Rate: 5.27%
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).): $285,572
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