For sale · MLS® 1302815
32 London Road
St. John's, NL, A1B2H1
List price
$650,000
About this propertyMLS® 1302815
Terrific five bedroom ranch style bungalow in an excellent east end location. This home features a welcoming living room anchored by a beautiful stone fireplace, creating a perfect gathering space. Adjacent to the living room, the dining room is enhanced by double french doors that open to a stone patio, The main floor is designed for both comfort and functionality, complete with a working eat-in kitchen that allows for casual dining and easy meal preparation The primary bedroom offers an ensuite bathroom and a spacious walk-in closet. The main floor laundry and storage options further add to the practicality of this well-appointed home. A second entrance on the side of the home leads to a mudroom with a large closet, making it easy to transition from outdoors to indoors. This level has mostly hardwood floors. Downstairs includes three good-sized bedrooms and a large rec-room with a floor-to-ceiling fireplace. There is also a three-piece bathroom for convenience. A huge storage and working area with an outside entrance provides additional utility. This home features amazing landscaping throughout the property, showcasing intricate rock and stone work that enhances the outdoor aesthetic. Plus parking for three cars. Built in 2004 the standout quality of this home is the convenience of having all essential living areas on one level, plus a fully developed basement ideal for extended family or house guests. (id:56688)
Property details
Coordinates: [47.590914, -52.727839]
Rooms
| Basement | Not known Storage Storage Bath (# pieces 1-6) Bedroom Bedroom Bedroom Recreation room | 7'4 x 16'8 null 10'3 x 18'3 null 10'3 x 18'3 null 7'1 x 10'5 null 13'6 x 9'10 null 13'6 x 10'8 null 13'6 x 11'4 null 32'8 x 34'2 null |
| Main level | Mud room Laundry room Ensuite Bath (# pieces 1-6) Bedroom Primary Bedroom Eat in kitchen Dining room Living room/Fireplace | 11'1 x 4'10 null 8'9 x 7'6 null 9'4 x 5'11 null 11'1 x 5'8 null 11'1 x 11'3 null 17'6 x 17'3 null 11' x 25'10 null 11'6 x 16 null 24'6 x 25'4 null |
Basic Calculator
First Mortgage: $520,000
Mortgage insurance premium: $0
Total Financing: $520,000
Rough closing fee (1.5%): ~ $9,750
Total downpayment with estimated closing fee: $139,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,967 | $47,604 |
| Gross rental income (income/principal ratio) | 0.610% | 7.324% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $813 | $9,756 |
| Vacancy | $199 | $2,381 |
| Management Fee | $318 | $3,809 |
| Expense / Income Ratio | 20.49% | 20.49% |
| Cash Flow | $2,639 | $31,668 |
| Net Operating Income (NOI) | $2,639 | $31,668 |
| Capitalization Rate | 0.41% | 4.87% |
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