For sale · MLS® 1304064
8 Carriage Lane
St. John's, NL, A1E6J3
List price
$1,089,000
About this propertyMLS® 1304064
Regal - Palatial - Luxurious are just three words that barely begin to describe this home and its surrounding parklike setting. This residence is located on Carriage Lane (former Archbishop's private estate) off Topsail Road and is one of the multi-million homes located on this prestigious address. From the second you walk through the front door you are immediately awestruck by the sea of hardwood and lighting resembling a star lit night. The stunning curved staircase to the second floor is an architectural marvel. The main floor consists of a formal living room and dining room with wall fireplace. The rear of the home has an out of the world kitchen, dining area and family room that has an abundance of windows capturing the natural light. This living area also has a floor to ceiling stone fireplace. The second floor has three large bedrooms. The master bedroom is simply beautiful complete with walk in closet and rich ensuite. The basement is also completely developed. (id:56688)
Property details
Coordinates: [47.536431, -52.741158]
Rooms
| Basement | Bedroom Bath (# pieces 1-6) Den Recreation room | 14X14 null 3PCS null 18X15 null 25X19 null |
| Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4PCS null 5PCS null 17.11X12.9 null 18X15.10 null 27X14.6 null |
| Main level | Bath (# pieces 1-6) Laundry room Family room Dining room Kitchen Living room | 2PCS null 10X7 null 20X16.7 null 15X13 null 24X15 null 15X14 null |
Basic Calculator
First Mortgage: $871,200
Mortgage insurance premium: $0
Total Financing: $871,200
Rough closing fee (1.5%): ~ $16,335
Total downpayment with estimated closing fee: $234,135
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $6,063 | $72,756 |
| Gross rental income (income/principal ratio) | 0.557% | 6.681% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,362 | $16,344 |
| Vacancy | $304 | $3,638 |
| Management Fee | $486 | $5,821 |
| Expense / Income Ratio | 22.46% | 22.46% |
| Cash Flow | $3,913 | $46,956 |
| Net Operating Income (NOI) | $3,913 | $46,956 |
| Capitalization Rate | 0.36% | 4.31% |
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