For sale · MLS® 1302777
236 Portugal Cove Road
St. John's, NL, A1B2N6
List price
$349,900
About this propertyMLS® 1302777
Welcome to 236 Portugal Cove Road, a spacious three-bedroom, two-bathroom home on a deep lot in a prime St. John’s location, close to Memorial University, College of the North Atlantic, shopping, recreation, the airport, Confederation Building, highway access and more. Inside, original hardwood flooring adds character throughout much of the living space. The bright living room features a large picture window and original non-operational fireplace, while the adjoining dining area offers plenty of space for gatherings. The large eat-in kitchen provides ample cabinetry, natural light and functionality. Three bedrooms and two bathrooms offer a practical layout with plenty of room to update and personalize. Outside, the deep lot provides a surprisingly private backyard with mature trees and generous green space. The large driveway accommodates approximately four vehicles. The home features updated electrical and offers potential for mini-splits. With its generous lot, parking, hardwood floors and convenient location, this property is a great opportunity to create your own home while preserving its character. Property is being sold as-is. (id:56688)
Property details
Coordinates: [47.592201, -52.723722]
Rooms
| Second level | Bedroom Bath (# pieces 1-6) Bedroom Bath (# pieces 1-6) Bedroom | 11x12 null 6.6x5 (3pc) 16x13 null 6.7x 5 (3pc) 11x9 null |
| Main level | Utility room Living room Dining room Kitchen | 10x8 null 21x13 null 12x10 null 21x10 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,728 | $20,736 |
| Gross rental income (income/principal ratio) | 0.494% | 5.926% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $87 | $1,037 |
| Management Fee | $139 | $1,659 |
| Expense / Income Ratio | 25.35% | 25.35% |
| Cash Flow | $1,066 | $12,792 |
| Net Operating Income (NOI) | $1,066 | $12,792 |
| Capitalization Rate | 0.30% | 3.66% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.