For sale · MLS® 1303164
148 Portugal Cove Road
St. John's, NL, A1B2N2
List price
$589,000
About this propertyMLS® 1303164
Beautiful family home in a mature neighbourhood, steps from parks, trails, shopping, schools, Memorial University, and Confederation Building. Large landscaped lot boasts front/rear parking, wrap-around deck with deck house, utility shed, interlocking driveway, block wall, hedging, extensive exterior lighting and four eave-mounted security cameras. Formal living room with propane fireplace, oversized dining room, den/office, family room, powder room, and sunlit galley kitchen/breakfast nook. Wide halls and Douglas-Fir staircase illuminated by motorized, vaulted-ceiling skylight. Four spacious ensuites on second. Primary features a 4-piece bath and walk-in. Meticulously crafted with electric/hydronic heat, hardwood/tile, solid-core doors and colonial trim. Zoned residential/apartment near premium lodging. Attractive layout for short-term rental with potential for additional ensuites and/or garden suite. Whether for investment or the growing family, this home exudes charm, comfort and convenience in a lush-green park-like environment. (id:56688)
Property details
Coordinates: [47.587813, -52.715852]
Rooms
| Basement | Storage Storage Storage Storage | 19.0x11.1 null 8.1x10.4 null 10.11x12.0 null 18.6x11.5 null |
| Second level | Ensuite Bedroom Ensuite Bedroom Ensuite Bedroom Storage Ensuite Primary Bedroom | 4.11x5.4 3pc 9.11x13.3 null 4.9x5.3 3pc 9.10X13.3 null 9.3x7.2 4pc 12.4x12.8 null 6.0x5.7 null 9.2x8.7 4pc 12.8x17.0 null |
| Main level | Laundry room Bath (# pieces 1-6) Office Family room Eating area Kitchen Dining room Living room Porch | 10.0x15.10 null 4.11x4.1 2pc 10.6x13.4 null 10.6x14.2 null 10.5x7.1 null 8.8x15.3 null 14.3x19.2 null 14.3x14.1 null 5.5x4.7 null |
Basic Calculator
First Mortgage: $471,200
Mortgage insurance premium: $0
Total Financing: $471,200
Rough closing fee (1.5%): ~ $8,835
Total downpayment with estimated closing fee: $126,635
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,512 | $42,144 |
| Gross rental income (income/principal ratio) | 0.596% | 7.155% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $737 | $8,844 |
| Vacancy | $176 | $2,108 |
| Management Fee | $281 | $3,372 |
| Expense / Income Ratio | 20.99% | 20.99% |
| Cash Flow | $2,319 | $27,828 |
| Net Operating Income (NOI) | $2,319 | $27,828 |
| Capitalization Rate | 0.39% | 4.72% |
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