About this propertyMLS® 1304008
Welcome to this well-maintained 2-storey duplex situated in the picturesque community of Conception Bay South. Offering a spacious layout across three levels, this home delivers comfort, functionality, and room to grow. The main floor features a bright living room, a convenient half bath, and a modern kitchen with direct access to the rear deck—perfect for relaxing or entertaining. Upstairs you’ll find a large primary bedroom complete with its own ensuite and walk-in closet, along with two additional well-sized bedrooms and a full bathroom. The undeveloped lower level presents a blank canvas for your future development of a rec room, bedroom, extra storage, gym etc. Outside, enjoy a paved driveway and a private rear deck overlooking the backyard. This property is a fantastic opportunity for first-time buyers or families looking for a move-in-ready home in a desirable location near schools, amenities, and beautiful coastal scenery. (id:56688)
Property details
Coordinates: [47.513372, -52.958175]
Rooms
| Basement | Laundry room Bedroom Bath (# pieces 1-6) Recreation room | 9.4 x 9.6 null 4 pc 18.6 x 11.2 null |
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Ensuite Primary Bedroom | 9.4 x 11 null 9.4 x 9.6 null 4 pc 4 pc 12 x 13 null |
| Main level | Bath (# pieces 1-6) Kitchen Living room | 2 pc 19 x 11.8 null 10.6 x 17 null |
Basic Calculator
First Mortgage: $299,920
Mortgage insurance premium: $0
Total Financing: $299,920
Rough closing fee (1.5%): ~ $5,624
Total downpayment with estimated closing fee: $80,604
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,188 | $26,256 |
| Gross rental income (income/principal ratio) | 0.584% | 7.003% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $469 | $5,628 |
| Vacancy | $110 | $1,313 |
| Management Fee | $176 | $2,101 |
| Expense / Income Ratio | 21.44% | 21.44% |
| Cash Flow | $1,435 | $17,220 |
| Net Operating Income (NOI) | $1,435 | $17,220 |
| Capitalization Rate | 0.38% | 4.59% |
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