For sale · MLS® 1303673
22 Rachel Drive
Conception Bay South, NL, A1W0A1
List price
$489,900
About this propertyMLS® 1303673
Located in one of Newfoundland and Labrador's fastest-growing communities, 22 Rachel Drive offers more than just a new home - it's an opportunity to become part of a vibrant neighborhood where families can grow, explore, and enjoy everything Conception Bay South has to offer. Nestled in the sought - after Villa Nova Trails subdivision in Manuels, you'll be minutes from schools, recreation, shopping, restaurants, marinas, and the scenic walking trails of Manuels River. Introducing ""The Charlottetown"" by New Victorian Homes, a thoughtfully designed 1,234 sq.ft. two - storey home featuring 3 bedrooms and 2.5 bathrooms. The bright open - concept layout is perfect for everyday living and entertaining, while the primary suite offers a walk-in closed and private ensuite with tiled shower. Built with quality and energy efficiency in mind, the home includes premium insulation standards, an HRV system, an insulated basement with future bathroom rough-in, and a complete exterior package featuring a paved driveway, pressure treated deck, and fully sodded lot. Secure your place in Villa Nova Trails today and enjoy the rare opportunity to personalize a brand - new home in one of CBS's most desirable communities. (id:56688)
Property details
Coordinates: [47.515268, -52.9609]
Rooms
| Basement | Other Bath (# pieces 1-6) Utility room Laundry room | 20.0 x 12 null 5.8 x 8.3 null 12.3 x 5.0 null 8.3 x 5.6 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4.1 x 5.9 null 8.8 x 9.10 null 9.10 x 9.4 null 7.0 x 5.7 null 11.5 x 11.4 null |
| Main level | Porch Bath (# pieces 1-6) Kitchen Dining room Living room | 6.1 x 5.5 null 7.0 x 3.6 null 8.7 x 11.0 null 10.3 x 11.4 null 12.4 x 9.9 null |
Basic Calculator
First Mortgage: $391,920
Mortgage insurance premium: $0
Total Financing: $391,920
Rough closing fee (1.5%): ~ $7,349
Total downpayment with estimated closing fee: $105,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,037 | $24,444 |
| Gross rental income (income/principal ratio) | 0.416% | 4.990% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $613 | $7,356 |
| Vacancy | $102 | $1,223 |
| Management Fee | $163 | $1,956 |
| Expense / Income Ratio | 30.09% | 30.09% |
| Cash Flow | $1,160 | $13,920 |
| Net Operating Income (NOI) | $1,160 | $13,920 |
| Capitalization Rate | 0.24% | 2.84% |
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