For sale · MLS® 1304084
74 Faulkner Street
St John's, NL, A1B5E1
List price
$339,900
About this propertyMLS® 1304084
Location, space and convenience! Within walking distance of Memorial University, the Health Sciences Centre and Avalon Mall, this semi-detached home offers four bedrooms, three and a half bathrooms and comfortable living space across three fully developed levels. The main floor features a bright living room with a beautiful bay window, along with a spacious kitchen offering plenty of rich, dark cabinetry, ample counter space and an over-the-range microwave with an integrated fan. The adjoining dining area provides access to the rear deck, perfect for summer barbecues or enjoying your morning coffee. A convenient half bathroom with laundry completes this level. The primary bedroom features its own ensuite, while the additional bedrooms and finished lower level offer flexibility for family, guests, work or relaxation. A paved driveway adds everyday convenience. With shopping, dining and major amenities close by, this home combines a practical layout with a highly convenient location! As per seller direction there will be no conveyance of offers prior to 2pm October 10th all offers to remain open until 7pm October 10th. (id:56688)
Property details
Coordinates: [47.566614, -52.770749]
Rooms
| Main level | Bath (# pieces 1-6) Kitchen Dining nook Living room | 2pc 14.60 X 13 null 13 X 11 null 14.60 X 13 null |
| Lower level | Bedroom Bath (# pieces 1-6) Recreation room | 10 X 10.60 null 3pc 15.70 X13 null |
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom | 3pc 10.60 X 9.60 null 14.60 X 11 null 13 X 9.20 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,112 | $25,344 |
| Gross rental income (income/principal ratio) | 0.621% | 7.456% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $425 | $5,100 |
| Vacancy | $106 | $1,268 |
| Management Fee | $169 | $2,028 |
| Expense / Income Ratio | 20.12% | 20.12% |
| Cash Flow | $1,413 | $16,956 |
| Net Operating Income (NOI) | $1,413 | $16,956 |
| Capitalization Rate | 0.42% | 4.99% |
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