For sale · MLS® 1304107
512 Main Road
St.John's, NL, A1S1C3
List price
$315,000
About this propertyMLS® 1304107
Welcome to this bright and inviting split-entry home situated on a mature lot in Goulds. The main floor features a functional layout, offering a spacious primary bedroom alongside two comfortable secondary bedrooms. Downstairs, the finished basement extends your living space with a large rec room, a half bath, storage space ( previously used as a fourth bedroom), a laundry room, and convenient access to the backyard. With two mini split heat pumps this home offers comfort and efficiency year-round. Outside you will find drive-in access to a fully fenced backyard complete with a detached shed. Ideally located just minutes from top schools, walking trails, shopping, and recreation! (id:56688)
Property details
Coordinates: [47.454079, -52.771945]
Rooms
| Basement | Other Laundry room Bath (# pieces 1-6) Recreation room | 13.80X8.00 null 10.10X10.10 null 2PC null 22.00X16.00 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Eat in kitchen Living room | 4PC null 9.20X8.10 null 9.00X8.20 null 11.00X10.20 null 16.00X10.20 null 14X.0012.00 null |
Basic Calculator
First Mortgage: $252,000
Mortgage insurance premium: $0
Total Financing: $252,000
Rough closing fee (1.5%): ~ $4,725
Total downpayment with estimated closing fee: $67,725
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,945 | $23,340 |
| Gross rental income (income/principal ratio) | 0.617% | 7.410% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $394 | $4,728 |
| Vacancy | $98 | $1,167 |
| Management Fee | $156 | $1,868 |
| Expense / Income Ratio | 20.26% | 20.26% |
| Cash Flow | $1,299 | $15,588 |
| Net Operating Income (NOI) | $1,299 | $15,588 |
| Capitalization Rate | 0.41% | 4.95% |
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