For sale · MLS® 1303608
163 Patrick Street
St. John's, NL, A1C5C3
List price
$399,999
About this propertyMLS® 1303608
Welcome to this beautifully appointed single-family home nestled in the heart of downtown where classic elegance meets everyday convenience. From the moment you step inside, a grand foyer with soaring proportions and a stunning hardwood staircase sets the tone for the warmth and craftsmanship found throughout. The main floor is designed for both entertaining and everyday living, featuring formal living and dining rooms alongside rich hardwood floors that flow seamlessly through the home. The well-appointed kitchen boasts a large pantry, offering ample storage for the home chef. Adjacent, the inviting family room anchored by a charming wood-burning fireplace creates the perfect gathering space for cozy evenings in. Upstairs, three generously sized bedrooms provide comfort and versatility, complemented by a full main bath and a convenient laundry room with a dedicated half bath. An additional full bathroom ensures everyone is well accommodated. Step outside onto the second-floor patio and take in peaceful views of the expansive, fully fenced backyard an ideal retreat for morning coffee, or simply unwinding at the end of the day. Completing this exceptional home is off-street parking and an unbeatable location just steps from some of the city's best restaurants, shops, and entertainment. A rare opportunity to own a home with true character in one of downtown's most desirable settings. (id:56688)
Property details
Coordinates: [47.556811, -52.719966]
Rooms
| Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Laundry room Bedroom Bedroom Primary Bedroom | 4pc 2pc 6 x 9 null 10 x 12 null 12 x 15 null 12 x 16 null |
| Main level | Not known Family room/Fireplace Dining room Kitchen Living room Porch | 4 x 8 null 13 x 15 null 12 x 16 null 12 x 12 null 12 x 16 null 5 x 18 null |
Basic Calculator
First Mortgage: $320,000
Mortgage insurance premium: $0
Total Financing: $320,000
Rough closing fee (1.5%): ~ $6,000
Total downpayment with estimated closing fee: $86,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,524 | $30,288 |
| Gross rental income (income/principal ratio) | 0.631% | 7.572% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $127 | $1,515 |
| Management Fee | $202 | $2,424 |
| Expense / Income Ratio | 19.81% | 19.81% |
| Cash Flow | $1,696 | $20,352 |
| Net Operating Income (NOI) | $1,696 | $20,352 |
| Capitalization Rate | 0.42% | 5.09% |
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