For sale · MLS® 1303856
28 Ruth Avenue
Mount Pearl, NL, A1N1H6
List price
$269,900
About this propertyMLS® 1303856
Welcome to 28 Ruth Avenue, a hidden gem in an exceptional location where convenience and comfort come together! Ideally situated close to schools, shopping, medical centres, recreation, walking trails, restaurants, and grocery stores, this charming three-bedroom home offers the perfect opportunity for families, couples, or anyone looking for a property where everything you need is just minutes away. Set on a beautifully landscaped, park-like lot, the property offers plenty of outdoor space and ample parking for up to four vehicles. A detached garage provides valuable storage for vehicles, recreational equipment, tools, and all your year-round needs. Over the years, numerous important upgrades have been completed, including shingles, siding, windows, doors, electrical panel, and oil tank, providing a solid foundation for its next chapter. With its fantastic location, generous lot, and great potential, 28 Ruth Avenue is ready for you to add your own personal touches and make it home! Conveyance of offers until 3:00 PM on October 6th. (id:56688)
Property details
Coordinates: [47.52022, -52.812119]
Rooms
| Basement | Utility room Recreation room | 18x11 null 25x8.10 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 4PC null 9x8 null 11x7.6 null 11x10.8 null 10x9.7 null 12x12 null |
Basic Calculator
First Mortgage: $215,920
Mortgage insurance premium: $0
Total Financing: $215,920
Rough closing fee (1.5%): ~ $4,049
Total downpayment with estimated closing fee: $58,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,820 | $21,840 |
| Gross rental income (income/principal ratio) | 0.674% | 8.092% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $338 | $4,056 |
| Vacancy | $91 | $1,092 |
| Management Fee | $146 | $1,748 |
| Expense / Income Ratio | 18.57% | 18.57% |
| Cash Flow | $1,246 | $14,952 |
| Net Operating Income (NOI) | $1,246 | $14,952 |
| Capitalization Rate | 0.46% | 5.54% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.