For sale · MLS® 1303120
3-7 Heidi Crescent
Conception Bay South, NL, A1X0H6
List price
$609,900
About this propertyMLS® 1303120
TO BE BUILT. Enjoy all the comfort of a brand new build with the added bonus of a mortgage helping apartment below. Situated on an oversized corner lot on a lovely, quiet street in scenic CBS, this 2-storey home is being built with a modern, tasteful design. The main floor boasts a separate foyer with ceramic tile flooring leading into an open concept design featuring water-resistant laminate flooring throughout as well as hardwood stairs. The kitchens will feature stained wood cabinetry and a large centre island. From the dining area on the main floor, there will be a 6ft patio door accessing the rear patio. For added convenience, there's main floor laundry & a half bathroom, along with an energy efficient mini-split! Upstairs locates 3 well appointed bedrooms and main bathroom with the primary bedroom featuring its own spacious ensuite. This property will also include landscaping both at the front and the back of the home with a 120 sq ft pressure treated deck, along with 2 separate paved driveways, and garage access - an ideal set up for a 2-apartment home. With quick and easy access to Foxtrap Access Road, this property is in a convenient, yet quiet location with everything at your fingertips. This is the last lot in the development phase, so reach out today for more info & be on your way to a brand new home! (id:56688)
Property details
Coordinates: [47.487562, -52.993905]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 7.8x6.4 null 9.6x12.0 null 10.6x10.0 null 5PC null 13.6x14.0 null |
| Main level | Laundry room Bath (# pieces 1-6) Not known Kitchen Dining room Living room Foyer | 6.0x10.0 null 5.2x6.2 null 6.10x6.2 null 15.0x8.6 null 13.6x9.0 null 13.6x13.6 null 8.10x5.6 null |
Basic Calculator
First Mortgage: $487,920
Mortgage insurance premium: $0
Total Financing: $487,920
Rough closing fee (1.5%): ~ $9,149
Total downpayment with estimated closing fee: $131,129
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,511 | $30,132 |
| Gross rental income (income/principal ratio) | 0.412% | 4.940% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $763 | $9,156 |
| Vacancy | $126 | $1,507 |
| Management Fee | $201 | $2,411 |
| Expense / Income Ratio | 30.39% | 30.39% |
| Cash Flow | $1,422 | $17,064 |
| Net Operating Income (NOI) | $1,422 | $17,064 |
| Capitalization Rate | 0.23% | 2.80% |
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