For sale · MLS® 1303707
199 Freshwater Road
St. John's, NL, A1C2P1
List price
$249,900
About this propertyMLS® 1303707
Welcome to 199 Freshwater Road. This charming center city home is move-in ready and full of potential. Located near schools, recreation, shopping and downtown amenities, this property is perfectly situated to suit your needs. Enjoy the comfort of a 3 bedroom main floor, accompanied by a revenue generating 2 bedroom basement apartment. Or, just keep the space for yourself. The upstairs features a large living room, flowing into an eat in kitchen. As mentioned, 3 bedrooms and a 4 piece bathroom complete the top level. There is a back porch that leads you to the spacious yard. The basement apartment has its own private entrance. It features a kitchen and living room, 2 bedrooms, a bathroom, and ample storage. The outside boasts a long, paved driveway and a detached 12x20 garage. Come see this property for yourself this weekend! As per Seller's direction, no conveyance of offers until 2pm October 5th, 2026. Offers to remain open until 7pm October 5th. (id:56688)
Property details
Coordinates: [47.562932, -52.730313]
Rooms
| Basement | Bedroom Bedroom Bath (# pieces 1-6) Kitchen Living room | 9.5x8.5 null 11x8.5 null 9.5x9 null 11x9 null 13.5x10 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Kitchen Living room | 12x6 null 12x10 null 12x7.5 null 12x8 null 12x10.5 null 20x12 null |
Basic Calculator
First Mortgage: $199,920
Mortgage insurance premium: $0
Total Financing: $199,920
Rough closing fee (1.5%): ~ $3,749
Total downpayment with estimated closing fee: $53,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,398 | $28,776 |
| Gross rental income (income/principal ratio) | 0.960% | 11.515% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $120 | $1,439 |
| Management Fee | $192 | $2,303 |
| Expense / Income Ratio | 13.05% | 13.05% |
| Cash Flow | $1,774 | $21,288 |
| Net Operating Income (NOI) | $1,774 | $21,288 |
| Capitalization Rate | 0.71% | 8.52% |
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